Philippines Civil Nuclear Energy Supply Chain

The Philippines faces significant energy challenges with some of Southeast Asia’s highest power costs and limited domestic energy resources like oil, gas, and coal. This scenario makes nuclear energy, along with imported liquefied natural gas (LNG), a potential long-term solution for the country’s energy demands. Nuclear energy stands out as a viable option due to existing infrastructure like the Bataan nuclear power plant. Although never commissioned, this facility makes the Philippines the only country in Southeast Asia with a nuclear plant.

In November 2023, a pivotal development occurred with the signing of a civil-nuclear 123 Agreement between the United States and the Philippines. This agreement allows for increased cooperation to establish the Philippines’ civil nuclear sector. The Philippine government aims to introduce nuclear power to its energy mix by 2032, planning to add 1,200MW to support both economic growth and climate objectives. To achieve these goals, the Philippines will rely on international partnerships, particularly for technology and services essential for a safe and effective nuclear program.
The Philippine Department of Energy (DOE) has created the Nuclear Energy Program Inter-Agency Committee (NEPIAC) to collaborate with global partners, including the United States, to address critical nuclear infrastructure issues as outlined by the International Atomic Energy Agency (IAEA). Legislative efforts are also underway with the Philippine Atomic Energy Regulatory Commission Bill, aimed at creating an independent nuclear regulatory body. Furthermore, 16 potential sites for nuclear energy development have been identified.

U.S. companies specializing in nuclear energy have significant opportunities in the Philippines. These include providing advisory and legal support services, design and construction technology, workforce training, and back-end services such as waste management and reprocessing. In addition, U.S. nuclear industry players can engage in international supply chain exchanges and share best practices, helping to shape the future of nuclear energy in the Philippines.

In conclusion, the Philippines’ push toward nuclear energy presents a promising avenue for meeting its growing energy needs and climate commitments. With U.S. cooperation and international expertise, the country is poised to establish a modern and safe nuclear energy program. This strategic collaboration not only helps the Philippines diversify its energy sources but also fosters economic development and environmental sustainability.

For more information, contact the U.S. Commercial Service in the Philippines:  Thess Sula, Commercial Specialist, Thess.Sula@trade.gov.