Philippines / NuScale Discusses SMR Investment As IAEA Calls For Laws On Nuclear

President Marcos says Southeast Asian nation needs reactors for growing energy demand

NuScale Discusses SMR Investment As IAEA Calls For Laws On Nuclear
Philippines president Ferdinand Marcos Jr (second right) held talks with reactor company NuScale. Courtesy Office of Philippines President.

US-based small modular reactor technology company NuScale Power has expressed interest in rolling out its SMR technology in the Philippines after a meeting with president Ferdinand Marcos Jr. in Washington DC.

In the meeting, NuScale Power representatives confirmed plans to conduct a study to find a site in the Philippines – an archipelago of more than 7,000 islands – to develop a small nuclear power system.

According to Marcos, the Philippines has a power supply shortfall and SMR technology such as NuScale’s Voygr plant could help ease the situation.

“We need everything. We just have to have everything and this new technology is something,” Marcos said.

On social media Marcos said the Washington meeting followed “initial engagement” in New York last year.

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