Govt, in policy switch, plans to go nuclear

Published by rudy Date posted on October 1, 2010

MALACANANG has earmarked P50 million for a government study on the possible use of nuclear energy in the country, Energy Secretary Rene Almendras said Thursday.

“A client of Citibank” submitted a proposal during President Benigno Aquino III’s visit to the United States last week seeking to revive the mothballed Bataan nuclear power plant, but the administration had yet to come up with a policy on the issue, he said.

Earlier, Mr. Aquino said he was open to using nuclear power as an alternative energy source, but investors should look for new sites instead of focusing on the controversial Morong plant, and because rehabilitating it for $1 billion would be costlier than building a new facility.

Almendras said the government was in talks with San Miguel Corp., the Lopez Group, and DMCI Holdings to produce an extra 1,000 megawatts of capacity, adding as much as 600 megawatts could come from rehabilitating power plants.

The government was studying changes to the law mandating the sale of its power assets, he said.

Some companies are hesitant to invest because of concerns about the credit-worthiness of some distribution cooperatives. Joyce Pangco Panares, Manila Standard Today

July 2025

Nutrition Month
“Give us much more than P50 increase
for proper nutrition!”

Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of
Forced Labour and Freedom of Association protocols.

Accept National Unity Government (NUG)
of Myanmar.  Reject Military!

#WearMask #WashHands #Distancing #TakePicturesVideosturesVideos

Time to support & empower survivors. Time to spark a global conversation. Time for #GenerationEquality to #orangetheworld!

July


3 July – International Day of Cooperatives
3 Ju
ly – International Plastic Bag Free Day
 
5 July –
World Youth Skills Day 
7 July – Global Forgiveness Day
11 July – World Population Day 
17 July – World Day for
International Justice
28 July – World Nature Conservation Day
30 July – World Day against Trafficking in Persons 


Monthly Observances:

Schools Safety Month

Nutrition Month
National Disaster Consciousness Month

Weekly Observances:

Week 2: Cultural Communities Week
Micro, Small, and Medium Enterprise
Development Week
Week 3: National Science and
Technology Week
National Disability Prevention and
Rehabilitation Week
July 1-7:
National Culture Consciousness Week
July 13-19:
Philippines Business Week
Week ending last Saturday of July:
Arbor Week

 

Daily Observances:

First Saturday of July:
International Cooperative Day
in the Philippines

Categories

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.