Invest Daily Pro
  • Economy
  • Investing
No Result
View All Result
  • Economy
  • Investing
No Result
View All Result
Invest Daily Pro
No Result
View All Result
Home Top News

Operational power plant by 2032 unlikely without BNPP revival – lawmaker

by
October 25, 2024
in Top News
0
Operational power plant by 2032 unlikely without BNPP revival – lawmaker
0
SHARES
19
VIEWS
Share on FacebookShare on Twitter
BW FILE PHOTO

By Almira Louise S. Martinez, Reporter

A commercially operational power plant by 2032 can be achieved through the Bataan Nuclear Power Plant (BNPP) revival, a congressman said on Monday. 

As mentioned in the Philippine Nuclear Energy Roadmap, the country aims to include nuclear power plants in the power mix by introducing at least 1,200 megawatts and gradually increasing to 4,800 megawatts by 2050. 

Chairman of the House Committee on Nuclear Energy and Pangasinan 2nd District Rep. Marcos Juan Bruno O. Cojuangco said this goal is unattainable unless the government strives to operationalize the BNPP. 

“They have not even identified the kind of nuclear plant they want to buy,” he told BusinessWorld. “If they were to tell me that they will run the Bataan Nuclear Plant by 2032, I would believe them because it is 100% complete,” he added. 

Re-opening the 1986 mothballed power plant would take four to five years to commission, according to Mr. Cojuangco. “Bataan can supply 620 megawatts, and you can build the three AP-1000 there, which can supply 1100 megawatts each for a total capacity of 3920.” 

Since the BNPP closure, the government has tried different energy sources, such as wind, solar, and geothermal. The committee head pointed out that these technologies have failed to supply adequate power for the country over the past 38 years. 

“They need to increase their ambition for nuclear power, which is a clean yet reliable source that’s cheap,” he said. 

Mr. Cojuangco pointed out that the AP-1000 of Westinghouse Electric Company, APR-1000 of Korea Hydro and Nuclear Power Co., Ltd. (KHNP), and the CANDU 6 of Canada are the three readily deliverable nuclear plants fit for the country. 

 “If there will be a constraint in developing nuclear in the Philippines, it will be our financial capability to finance.” 

The Philippines and South Korea inked a memorandum of understanding (MOU) on October 7 to commence the feasibility study of the BNPP by January 2025. 

The study will be divided into two phases – an assessment of the plant’s current condition and an evaluation of its viability to operate. 

“KHNP may recommend alternative options, including the construction of a conventional plant or the development of a small modular reactor,” the Department of Energy (DOE) said.

Related story:

The Promise of Power: The Bataan Nuclear Power plant

ShareTweetPin

Related Posts

Marriott, Flutter, Coca-Cola among stocks poised to gain from FIFA World Cup 2026
Top News

Marriott, Flutter, Coca-Cola among stocks poised to gain from FIFA World Cup 2026

June 11, 2026
FTSE 100 edges higher as investors balance financial recovery and AI risks
Top News

FTSE 100 edges higher as investors balance financial recovery and AI risks

June 11, 2026
SAP stock tumbles 3%: why Oracle’s AI capex surge is hitting software shares
Top News

SAP stock tumbles 3%: why Oracle’s AI capex surge is hitting software shares

June 11, 2026
Dow futures surge 370 points: 5 things to know before market opens
Top News

Dow futures surge 370 points: 5 things to know before market opens

June 11, 2026
Why Claude Mythos Preview is a wake-up call for Wall Street
Top News

Why Claude Mythos Preview is a wake-up call for Wall Street

June 11, 2026
SpaceX IPO’s valuation battle has bulls aiming share at $165 while bears see $63
Top News

SpaceX IPO’s valuation battle has bulls aiming share at $165 while bears see $63

June 11, 2026
Next Post
Novae.Travel Debuts Groundbreaking Multi-Agent AI Travel System

Novae.Travel Debuts Groundbreaking Multi-Agent AI Travel System

Recommended

ProfitRaw Review:  Is Energy Trading Risky? [profitraw.com]

ProfitRaw Review:  Is Energy Trading Risky? [profitraw.com]

November 19, 2024
Philippines may miss out on demographic dividend as job creation stays weak

Philippines may miss out on demographic dividend as job creation stays weak

September 10, 2024
5 Top Canadian Silver Stocks of 2025

5 Top Canadian Silver Stocks of 2025

February 14, 2025
Breaking the Mould in India, and elsewhere

Breaking the Mould in India, and elsewhere

August 22, 2024
Labour’s VAT on private school fees set to cool house prices in London’s affluent enclaves

Labour’s VAT on private school fees set to cool house prices in London’s affluent enclaves

January 3, 2025
SEC approves City & Land’s P400-M debt sale

SEC approves City & Land’s P400-M debt sale

December 23, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Central bankers grow nervous about AI funding

    Central bankers grow nervous about AI funding

    June 30, 2026
    Honeywell Aerospace makes strong debut after spinoff

    Honeywell Aerospace makes strong debut after spinoff

    June 30, 2026
    Hotel prices have actually fallen in these major cities

    Hotel prices have actually fallen in these major cities

    June 30, 2026
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2026 investdailypro.com | All Rights Reserved

    No Result
    View All Result
    • Home
    • Privacy Policy
    • Terms & Conditions
    • Thank you

    Copyright © 2026 investdailypro.com | All Rights Reserved