Beijing’s agenda in the South China Sea may also be spurred by energy interests

The agreement was signed by US Secretary of State Antony Blinken and Philippine Department of Energy Secretary Raphael Lotilla on the sidelines of the 30th Asia-Pacific Economic Cooperation Leaders' Summit in San Francisco. The signing was witnessed by Philippine President Ferdinand Marcos.

The Department of Energy said Thursday it issued 40 offshore wind service contracts with a potential capacity of 30,000 megawatts.

The Philippines built a nuclear power plant in the late 1970s, but the project was stopped in 1986, and fuel was not loaded into it.

The Philippines has held its first renewable auction, offering a total capacity of 2,000 MW.

The Philippines spent $2.3 billion on a 621MWe Westinghouse pressurised water reactor at Bataan during the presidency of Ferdinand Marcos.

The Philippines has an installed capacity of 26.8 GW (end-2021), with 41% of coal, 17% of oil, 14% of hydro and 13% of gas.

The executive order mandates the Department of Energy (DOE) to develop and implement the Nuclear Energy Programme as part of the Philippine Energy Plan,

The Philippine Department of Energy has initiated a tender for 2,000 MW of renewable capacity, including 1,260 MW of solar, 380 MW of wind, 230 MW of biomass and 130 MW of hydro.

ROSATOM and the Department of Energy (DOE) of the Republic of the Philippines presented a joint action plan to elaborate nuclear power plants (NPP) using the Small Modular Reactor (SMR) technology through a Pre-Feasibility study.