Marcos says ‘perhaps time to revisit nuclear energy’

According to the Gulf Times, Philippine President Ferdinand Marcos has indicated that the government may revisit the potential for nuclear energy as a solution to the nation's ongoing power challenges. The President, who previously declared a national energy emergency earlier this year, noted that the country currently faces some of the highest electricity costs in the region, necessitating a long-term strategy to stabilize supply and pricing.

Marcos suggested that integrating nuclear power into the national energy mix could provide a more sustainable and cost-effective alternative to the current reliance on imported fossil fuels. The Philippines has struggled with energy security for years, with high generation costs often passed directly to consumers. The administration is reportedly looking at various technological options to modernize the grid and reduce the country's vulnerability to global energy market fluctuations.

While the proposal to explore nuclear energy is not entirely new for the Philippines, it marks a significant shift in the current administration's public discourse as they seek to address the energy emergency. The government is expected to conduct further feasibility studies and engage with international partners to evaluate the safety, regulatory, and financial requirements of such an undertaking. No formal timeline for the implementation of a nuclear program has been established at this stage.