‘NO’ TO FOSSIL FUEL. Climate campaigners conduct protest actions against Aboitiz Power Corporation and JERA Co., Japan’s largest power generation company, at the Ninoy Aquino Monument along Ayala Avenue in Makati City on Tuesday. Norman CruzAn inter-agency committee led by the Department of Energy has started drafting the country’s National Policy and Strategy for Safety on Nuclear Energy.
He said the policy document being drafted is intended to foster transparency in all related activities of nuclear energy program, particularly on the protection of the people and the environment. He said the DOE foresees offshore wind and nuclear and other emerging technologies accounting for the increase in power capacities of around 19,000 megawatts .
Lotilla said policy and regulatory reforms are ultimately needed to stimulate investments in nuclear power program and its success will hinge on strong support from all stakeholders. He said the current contracts under the competitive selection policy is up to 15 years but nuclear has a usable life of up to 40 to 80 years.