The Philippines and South Korea have signed multiple Memoranda of Understanding (MOUs) to advance nuclear energy development in the Philippines. These agreements highlight collaborations aimed at enhancing energy security, diversifying the energy mix, and fostering sustainable growth.
The Department of Energy (DOE) partnered with Korea Hydro & Nuclear Power Co., Ltd. (KHNP) to explore the feasibility of rehabilitating the Bataan Nuclear Power Plant (BNPP). The agreement includes a comprehensive technical and economic study, beginning in January 2025. The study will assess the current condition of the BNPP and determine its viability for refurbishment. If deemed unfeasible, KHNP may recommend alternatives, such as small modular reactors or a new conventional plant. Notably, the study’s costs will be fully covered by KHNP, and the Philippines is not obligated to proceed with the project based on the findings.This initiative aligns with Executive Order No. 164, s. 2022, which integrates nuclear power into the national energy strategy. The Philippine Energy Plan (PEP) targets the operation of nuclear plants by 2032, generating 1,200 MW, with expansions to 4,800 MW by 2050.
The DOE, through the Nuclear Energy Program – Inter-Agency Committee (NEP-IAC), is also addressing infrastructure gaps identified by the International Atomic Energy Agency (IAEA). This includes the establishment of an independent nuclear regulatory body to ensure public safety and compliance with international standards.
Separately, Meralco signed an MOU with South Korea’s Samsung Engineering & Construction (Samsung C&T) to explore nuclear energy technologies. The partnership will focus on technical design capabilities, grid infrastructure, and regulatory frameworks. A pilot demonstration project may also be included. Meralco executives emphasised the strategic value of this collaboration in supporting the government’s nuclear energy roadmap. It reflects the company’s commitment to sustainable and diversified energy solutions.
(Sources: Power Philippines; Nuclear Engineering International)
