The Philippines must consider nuclear power as part of its future energy mix to counter a future supply shortage of petroleum products, Swiss nuclear energy expert Ian McKinley has announced.
The National Institute of Geological Sciences’ Carlo Arcilla also said that he is in favour of developing the Bataan nuclear power plant, which would cost the Philippine Government over $800m.
The government has invested $2.1bn in the construction of the plant.
According to McKinley, raising demand for limited energy sources such as coal and oil will lead to additional increases in price.
The Bataan nuclear power plant is the nation’s first nuclear power facility. The plant was initially scheduled to operate commercially in 1986 but was eventually stopped due to opposition from various environmental groups.