DoE taps OECD-NEA for nuke potential

DoE taps OECD-NEA for nuke potential | Daily Tribune

Despite an aggressive national plan, nuclear development remains a high-stakes endeavor, especially as rising costs and supply chain constraints continue to pose challenges to countries like the Philippines.

To help navigate through the complexities of nuclear power, the Department of Energy (DoE) has turned to the expertise of the Organization for Economic Co-operation and Development Nuclear Energy Agency (OECD-NEA) to explore ways to fast-track its energy ambitions.

The DoE said on Wednesday that Energy Secretary Raphael Perpetuo Lotilla met with OECD-NEA Director-General William D. Magwood IV to discuss critical issues on the safety and viability of nuclear energy as a power source.

“We have made significant progress in submitting all necessary requirements for the ratification of existing nuclear energy-related agreements, paving the way for a safe, sustainable, and responsible nuclear program that will secure our nation’s energy future,” Lotilla said.

Invaluable expertise

“The expertise and experience offered by the OECD-NEA are invaluable as we navigate this undertaking,” he added.

With nearly seven decades of experience guiding nations in nuclear development, the OECD-NEA brings critical expertise in regulation, financing, and human capital development. Its insights will be key in integrating 1,200 megawatts of nuclear power into its energy mix by 2032.

According to Magwood, many nations like the Philippines face similar hurdles in nuclear energy development.

“We are working with many countries in making practical decisions, and we look forward to working with you. That is why I’m here — to be of help and to establish a very positive relationship with you,” he said.

To recall, the International Atomic Energy Agency has recognized the Philippines’ efforts, with the country moving toward Phase 2 of the IAEA’s Milestone Approach.

Key steps include adopting a national position on nuclear energy through Executive Order 164, drafting a nuclear law, and strengthening workforce training, regulatory frameworks, and emergency preparedness.