President Ferdinand Marcos Jr. recently expressed disappointment that the Philippines never operated the Bataan Nuclear Power Plant (BNPP), the multibillion-dollar project initiated during his father’s administration. During a visit to the Singapore Nuclear Research and Safety Institute, the President said the Philippines had already developed a pool of nuclear experts before the project was abandoned....
Tag: electricity prices
Post
High power bills? Filipinos can have cheaper energy if Manila can drill in Recto Bank despite China row
Recto Bank, an underwater reef in the West Philippine Sea, remains an enigma. Little is publicly disclosed about it beyond its geology, oil and gas potential, and the decades-long struggle between the Philippines and China for control of its surface waters and the rich hydrocarbon deposits in its depths. One thing is clear, industry experts...
Post
The tycoons behind the Philippines’ dirty energy
From brewing beer to burning coal, the food and beer giant, San Miguel Corp. of tycoon Ramon Ang, is now one of the Philippines’ largest power producers. Its energy arm, San Miguel Global Power, is a younger player in the industry. But, flush with cash, it aggressively built, acquired, and expanded power plants over the...