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BUSINESS

DOE taps global nuclear network to draw investments

Maria Bernadette Romero·1 July 2026, 2:26 pm

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DOE taps global nuclear network to draw investments

Department of Energy

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The Department of Energy (DOE) is seeking to spur investments into the country’s emerging nuclear energy sector after partnering with the World Nuclear Association to host a major global supply chain conference next year.

In a joint statement on Wednesday, the DOE and the World Nuclear Association said the World Nuclear Supply Chain Conference 2026 and the Philippine International Nuclear Supply Chain Forum 2026 will be held as a single integrated event in Manila in October.

The conference will bring together policymakers, regulators, utilities, reactor vendors, engineering and construction firms, manufacturers, suppliers, financiers, research organizations, and international institutions to give the country a platform to attract investments and strengthen its position in the regional nuclear supply chain.

Energy Secretary Sharon S. Garin said the partnership will help strengthen the capabilities needed to support the national nuclear energy program, which, under the Philippine Energy Plan, targets to develop 1,200 megawatts (MW) of nuclear capacity by 2032, 2,400 MW by 2035, and 4,800 MW by 2050.

"The Philippines is pleased to partner with World Nuclear Association to convene this integrated event in Manila. As ASEAN countries explore sustainable pathways to meet growing energy demand, cooperation on policy, skills, investment, and supply chain capability will be essential.

This forum will support constructive dialogue and practical partnerships that can help unlock opportunities for nuclear energy development in the Philippines, across ASEAN, and beyond," Garin said.

According to the organizers, the conference program will tackle the practical requirements for moving from individual nuclear projects to full-scale nuclear programs, including industrial readiness, vendor development, project delivery risks, financing, localization, and ASEAN supply chain integration.

Dedicated networking and business-to-business sessions are also planned to connect international suppliers with regional partners.

“The expansion of nuclear energy will be delivered through strong regional partnerships and resilient global supply chains,” World Nuclear Association Director General Sama Bilbao y León said.

“By partnering with the Philippines Department of Energy, we are creating a single platform that brings international expertise together with ASEAN's priorities for industrial development, clean energy, and energy security. This partnership will help turn ambition into practical collaboration across the full nuclear value chain,” he added.

Last year, the event in Poland drew 310 delegates from 196 companies across 27 countries.

Based on the latest World Nuclear Outlook Report, global nuclear capacity could reach 1,446 gigawatts by 2050, with around 50 countries expected to have nuclear power in operation.

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