On the sidelines of the inaugural Philippine International Nuclear Supply Chain Forum, Energy Secretary Raphael Lotilla said the Department of Energy (DOE) has tapped MIC to explore available financing mechanisms for nuclear development.
"We have requested them to do the studies on how to finance because, as the President pointed out, this is one area that needs to be studied further by the Philippines," Lotilla said.
The DOE, he said, wants to ensure that the upfront cost in constructing nuclear facilities will not be shouldered alone by the current generation of Filipinos.
"Since the life of the nuclear power plant will go beyond the life of a generation, then it can be spread more evenly among those who will benefit from it," he said.
Bu hikaye The Philippine Star dergisinin November 15, 2024 sayısından alınmıştır.
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Bu hikaye The Philippine Star dergisinin November 15, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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