US and Philippines Sign Nuclear Technology Deal to Boost Energy Independence

November 18, 2023

The United States and the Philippines signed a landmark deal allowing Washington to export nuclear technology and materials to Manila. The agreement is a significant step in supporting the Philippines’ exploration of nuclear power to enhance decarbonization and energy independence. The deal enables the United States to share equipment and materials as the Philippines develops small modular reactors and other civilian nuclear energy infrastructure.

Congress Approval Required

While the agreement marks a significant development, U.S. Congress approval is necessary for the peaceful transfer of nuclear material, equipment, and information in accordance with non-proliferation requirements. As of the end of 2022, the United States had agreements covering 47 countries, the International Atomic Energy Agency, and Taiwan.

Philippines’ Nuclear Energy Plans

The Philippines aims to leverage nuclear power as a viable alternative baseload power source, intending to retire coal plants to meet climate goals and enhance energy security. Previous attempts to pursue nuclear energy faced challenges, including safety concerns. President Marcos has discussed the possibility of reviving the mothballed Bataan Nuclear Power Plant, built in response to an energy crisis during the rule of his father.

Background on Bataan Nuclear Power Plant

Completed in 1984, the Bataan Nuclear Power Plant was mothballed in 1986 following the ouster of President Ferdinand Marcos, the Chernobyl nuclear disaster, and corruption allegations. The Philippines faces challenges such as volatile global oil prices, seasonal power outages, and high electricity rates, making nuclear power an attractive option for the nation’s energy strategy.

« Previous Post Next Post »