Pursue nuclear energy to avert crisis: solon : vimarsana.com

Pursue nuclear energy to avert crisis: solon

MANILA - The chair of the House Ways and Means Committee on Saturday stressed the need for the country to move towards nuclear energy generation amid "thinning power reserves" as baseload coal power plants continue to experience shutdowns. Albay Rep. Joey Salceda said there is no fuel cleaner than nuclear, which is also a more stable energy source run by a predictable fuel supply. Salceda said President Rodrigo Duterte is on the right path with the issuance of Executive Order 164, which aims to introduce nuclear energy into the country's energy mix, as this will address the high electricity rate and secure energy for the future. "And I can think of the ways we can complement that with good policy," Salceda told reporters in a Viber message, as he proposed the franchise approach to nuclear energy. "I don't want government spending money on it, given our fiscal issues. But we can collate a fiscal incentive package under the CREATE (Corporate Recovery and Tax Incentives for Enterprises) Law for a nuclear power investor. That will probably exceed the USD 1 billion threshold under that law, anyway," he added. He described coal as the "dinosaur" of energy generation, given that it is cheap, simple, easy, but also outdated. Salceda added that coal power plants are "not exactly in top shape", adding that they are not following the Grid Operating and Maintenance Program (GOMP) procedures of the Department of Energy. "Over the past 30 days, half of our baseload plants have experienced shutdowns. When demand peaks, you're going to get more of that. So, I'm definitely seeing a real possibility of rotating brownouts by May or June," Salceda said. Salceda presented a "five-point plan" to combat an energy crisis, which included routine maintenance checks of the country's power plants. He warned that "maintenance issues" could be a way for some generation firms to jack up prices. "Honestly, it's getting frustrating. Like speaking to a wall. We already anticipated that these things will happen. And now, I'm making a prediction again that will probably take place if we don't take action. If DOE (Department of Energy) doesn't take action. Rotating brownouts by summer if we neglect maintenance issues among our baseload plants," Salceda said. Through EO 164, the Chief Executive has recognized that nuclear power can be a reliable, cost-competitive, and environment-friendly source of energy based on the experience of highly developed countries. "For the country to achieve its sustained growth targets, it must ensure that it has a reliable, secure, sustainable, quality and affordable electricity supply, including sufficient reserve to guarantee that there will be no disruptions in the power supply," the policy read. It added the use of nuclear energy will address the increasing demand for clean energy, rising by 4.4 percent annually, or an additional capacity of 68 gigawatts by 2040. The EO still included the Bataan Nuclear Power Plant (BNPP) in the national nuclear program, but other nuclear power installations will be pursued. House Committee on Energy chair Juan Miguel Arroyo, for his part, said the panel has identified eight priority legislative measures and nine laws to be subject to the legislative oversight function of the committee to ensure adequate and affordable power and fuel in the country while continuing to find ways to further improve the local industry and economy. The priority legislative measures include the creation of the Philippine Energy Research and Policy Institute; establishing the Regulatory Framework for the Liquefied Petroleum Gas Industry; Electric Vehicle Industry Development; Energy Advocacy Council Office; Use of Microgrid Systems; Waste-to-Energy Technology; Downstream Natural Gas Industry Development; and Strengthening the Energy Regulatory Commission. (PNA) }

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Manila , Philippines , Philippine , Benguet , Bataan , Batangas , Juan Miguel Arroyo , Rodrigo Duterte , Joey Salceda , Energy Advocacy Council Office , Department Of Energy , Bataan Nuclear Power Plant , Energy Regulatory Commission , Maintenance Program , Philippine Energy Research , Tax Incentives For Enterprises Law , House Committee On Energy , Vehicle Industry Development , Means Committee On , Natural Gas Industry Development , House Ways , Means Committee , President Rodrigo Duterte , Executive Order , Corporate Recovery , Tax Incentives , Grid Operating , Chief Executive , Policy Institute , Regulatory Framework , Liquefied Petroleum Gas Industry , Electric Vehicle Industry Development , Microgrid Systems , Waste To Energy Technology , Downstream Natural Gas Industry Development , Energy Regulatory , Manila The Chair Of House Ways And Means Committee On Saturday Stressed Need For Country To Move Towards Nuclear Energy Generation Amid Quot Thinning Power Reserves As Baseload Coal Plants Continue Experience Shutdowns Albay Rep Joey Salceda Said There Is No Fuel Cleaner Than , Hich Is Alsoa More Stable Energy Source Run Bya Predictable Fuel Supply Salceda Said President Rodrigo Duterte On The Right Path With Issuance Of Executive Order 164 , Hich Aims To Introduce Nuclear Energy Into The Country 39s Mix , S This Will Address The High Electricity Rate And Secure Energy For Future Quot Andi Can Think Of Ways We Complement That With Good Policy , Uot Salceda Told Reporters Ina Viber Message , S He Proposed The Franchise Approach To Nuclear Energy Quoti Don 39t Want Government Spending Money On It , Iven Our Fiscal Issues But We Can Collatea Incentive Package Under The Create Corporate Recovery And Tax Incentives For Enterprises Law Fora Nuclear Power Investor That Will Probably Exceed Usd 1 Billion Threshold , Anyway , Uot He Added Described Coal As The Quot Dinosaur Of Energy Generation , Iven That It Is Cheap , Simple , Easy , Ut Also Outdated Salceda Added That Coal Power Plants Are Quot Not Exactly In Top Shape , Dding That They Are Not Following The Grid Operating And Maintenance Program Gomp Procedures Of Department Energy Quot Over Past 30 Days , Alf Of Our Baseload Plants Have Experienced Shutdowns When Demand Peaks , Ou 39 Re Going To Get More Of That So , I 39m Definitely Seeinga Real Possibility Of Rotating Brownouts By May Or June , Uot Salceda Said Presenteda Quot Five Point Plan To Combat An Energy Crisis , Hich Included Routine Maintenance Checks Of The Country 39s Power Plants He Warned That Quot Issues Could Bea Way For Some Generation Firms To Jack Up Prices Honestly , T 39s Getting Frustrating Like Speaking Toa Wall We Already Anticipated That These Things Will Happen And Now , I 39m Makinga Prediction Again That Will Probably Take Place If We Don 39t Action Doe Department Of Energy Doesn Rotating Brownouts By Summer Neglect Maintenance Issues Among Our Baseload Plants , Uot Salceda Said Through Eo 164 , He Chief Executive Has Recognized That Nuclear Power Can Bea Reliable , Most Competitive , Nd Environment Friendly Source Of Energy Based On The Experience Highly Developed Countries Quot For Country To Achieve Its Sustained Growth Targets , T Must Ensure That It Hasa Reliable , Ecure , Ustainable , Uality And Affordable Electricity Supply , Ncluding Sufficient Reserve To Guarantee That There Will Be No Disruptions In The Power Supply , Uot The Policy Read It Added Use Of Nuclear Energy Will Address Increasing Demand For Clean , Ising By 4 Percent Annually , R An Additional Capacity Of 68 Gigawatts By 2040 The Eo Still Included Bataan Nuclear Power Plant Bnpp In National Program , Ut Other Nuclear Power Installations Will Be Pursued House Committee On Energy Chair Juan Miguel Arroyo , Or His Part , Aid The Panel Has Identified Eight Priority Legislative Measures And Nine Laws To Be Subject Oversight Function Of Committee Ensure Adequate Affordable Power Fuel In Country While Continuing Find Ways Further Improve Local Industry Economy Include Creation Philippine Energy Research Policy Institute Establishing Regulatory Framework For Liquefied Petroleum Gas Electric Vehicle Development Advocacy Council Office Use Microgrid Systems Waste Technology Downstream Natural Strengthening Commission Pna ,

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