Nuclear power – simply unaffordable for the Philippines
DOE to submit ‘nuclear power plan’ to Duterte this December, Manila Bulletin, November 6, 2020, by Myrna M. Velasco” For BNPP’s repowering, Duterte previously instructed the energy department to also undertake a study on that proposal; and to assess the cost impact that will have on consumers’ pockets.
But on that particular sphere, Senate Committee on Energy Chairman Sherwin T. Gatchalian sounded off cynicism on claims that electricity rates in the Philippines will go down with the proposed repowering of the mothballed 620-megawatt BNPP project. “It’s not true that prices are lower because of the layers of technology that shall be integrated into the nuclear power facility to ensure its safe operations,” he claimed. Gatchalian noted that in Vietnam’s case, that country shelved its planned nuclear power development after determining that the resulting power price will just be comparable with other electric generating facilities — and yet there’s great degree of risk that they have to manage on the safety aspect of technology deployment. ………In the Philippines, the propounded revival of BNPP’s operations had been hurdled by concerns of ‘social acceptance’ in the many years that already passed; and there are also questions on where to source the US$1.0 billion to US$2.0 billion funding for BNPP’s rehabilitation.The other major issue is which entity shall be designated to operate the plant, since the Electric Power Industry Reform Act (EPIRA) already prohibits state-run National Power Corporation (NPC) from engaging into operation or investments in power generation… |
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