The Philippines has published a comprehensive framework for the integration of nuclear energy into its power generation mix and is moving ahead with plans to consider financing options.

A Department of Energy circular formally established the policy foundations for the southeast Asian nation’s first commercially developed and operated nuclear power plant.

The DOE said it now plans to explore government participation models and financing options in collaboration with the Department of Finance, Department of Economy, Planning, and Development, the Maharlika Investment Corporation, which manages the Philippines' sovereign wealth fund, and other agencies.