Meralco eyes US grant for feasibility study on nuclear reactors

The country’s biggest power distributor Manila Electric Co. wants to apply for a grant with the U.S. Trade and Development Agency (USTDA) for a feasibility study on small nuclear reactors or SMRs.

In a recent media event, Meralco president Ray Espinosa said they have yet to submit a proposal to the USTDA.

“It’s for a feasibility study on SMRs,” Espinosa said.

Meralco has expressed openness to include nuclear power in the power supply mix.

The Marcos administration is pursuing nuclear power, such as SMRs, to address the country’s growing need for power.

Former president Rodrigo Duterte signed Executive Order) 164 entitled, “Adopting a National Position for a Nuclear Energy Program, and for other Purposes” on February 28, 2022.

Usapang Bilyonaryo
Bilyo-cnn-logo

Usapang Bilyonaryo” is a digital-first, hybrid magazine show hosted and produced by veteran broadcast journalist Ces Oreña-Drilon in cooperation with the Bilyonaryo.com team. The 30-minute TV cut airs on CNN Philippines at 8 PM every Monday, starting January 16. The full version or producer’s cut of each episode, as well as interview splices, will be posted on Bilyonaryo.com’s Youtube and Facebook accounts.

 

ub-rlc-mobile
In cooperation with
bilyoabryo-rlc-2

Brought to you in part by