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Philippines President Ferdinand R Marcos Jr held a meeting with executives of US NuScale Power Corporation on the sidelines of a working visit to the Washington. During the meeting NuScale said it is planning to conduct study to locate a site in the Philippines for possible construction of its small modular reactor (SMR). Marcos said the Philippines “essentially has a shortfall in power supply” and the support of NuScale would help address this issue. "We continue in our effort to provide cost-effective and clean energy solutions to our country," he said in a statement. "Our meeting with NuScale today builds on the discussions we had in New York last year, solidifying our commitment and bringing us closer to building more efficient and sustainable power sources at home," he added.
- Source: NEI Magazine
- Date: Thursday, 04 May 2023
- Original article: neimagazine.com/news/newsnuscale-looks-to-the-philippines-10811795
US small modular reactor (SMR) developer NuScale Power is interested in investing in the Philippines, the country's President Ferdinand "Bongbong" Marcos said during a five-day visit to the USA. He said NuScale plans to conduct a siting study in the Philippines.
- Source: World Nuclear News
- Date: Wednesday, 03 May 2023
- Original article: world-nuclear-news.org/Articles/NuScale-in-talks-with-the-Philippines-on-SMR-deplo
Countries around the world turned to nuclear as a reliable low-carbon energy source as they looked for ways to wean themselves off Russian imports and lower carbon emissions.
New plants began operating, deals for small modular reactors were signed and countries announced ambitious plans for new-build.
On the political front, US president Joe Biden signed into law new legislation that will help to finance struggling nuclear reactors and could save dozens from being shut down early. In Europe, the nuclear industry celebrated when members of the European parliament decided to “follow the science” and support legislation which includes nuclear in the bloc’s sustainable finance taxonomy for green investment.
- Source: Nucnet
- Date: Tuesday, 10 January 2023
- Original article: nucnet.org/news/five-major-developments-that-are-setting-the-stage-for-2023-and-beyond-1-1-2023