POWER distributor Manila Electric Co. (Meralco) is applying for a grant from the United States to do a feasibility study on introducing nuclear energy in the Philippines, its top official said.
“We are applying [for] a grant from USTDA to do a feasibility study for SMRs . We’re looking into nuclear,” Ray C. Espinosa, Meralco president and chief executive officer, told reporters.
This week alone, the National Grid Corp. of the Philippines placed the Luzon and Visayas electricity grids under yellow and red alerts as power reserves thinned when several power plants went into forced outages. “The Meralco franchise area is safe during summer months. The question of whether the franchise area is safe or not depends on whether there is enough capacity [for] the grid. In Meralco, we have enough supply,” he said on Monday.
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