5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
No Result
View All Result
Home Stock

Nuclear power licensing process released by DoE

by
February 24, 2026
in Stock
0
PNRI.DOST.GOV.PH

THE Department of Energy (DoE) announced the proposed permit approval flowchart for nuclear power developers, which it said streamlined key stages by allowing some approvals to take place in parallel instead of sequentially.

Two of the stages — business registration and the environmental clearance certificate (ECC) — are common to most projects, while the nuclear and energy-related approvals cover the siting plan, licensing and provisional permitting by the Philippine Atomic Energy Regulatory Authority (PhilAtom); and energy industry-specific approvals and licenses like testing and commissioning approvals, the DoE said.

The Philippines is hoping to integrate nuclear power into the national power mix by 2032.

In a statement on Tuesday, the DoE said the regulatory pathway for new nuclear projects, which covers seven major phases, requiring sequential and parallel approvals.

The end-to-end licensing framework incorporated the results of a focus group discussion led by the Nuclear Energy Program Inter-Agency Committee (NEP-IAC), which took in input from the private sector and academia.

“We must ensure that every nuclear power plant project in our country meets the rigorous standards required for its safe and secure operation, in adherence to International Atomic Energy Agency (IAEA) requirements,” NEP-IAC Secretariat Head and DoE Director Patrick T. Aquino said.

The government hopes to present the NEP-IAC-validated flowchart to prospective nuclear power project proponents seeking to invest in the Philippines, alongside key policies and investment incentives.

Energy Secretary Sharon S. Garin said the government hopes to begin accepting nuclear power plant license applications by this year to stay on track for the 2032 target.

“By finalizing this harmonized licensing roadmap, we are sending a clear signal that the Philippines is preparing for nuclear energy with discipline and foresight,” Ms. Garin said.

“Our commitment is straightforward: strong safety oversight, predictable processes, and transparent public engagement, so that when proponents are ready to invest, government is ready to evaluate, regulate, and deliver our 2032 target responsibly,” she added.

The Philippine Energy Plan calls for at least 1,200 megawatts (MW) of nuclear capacity by 2032, doubling to 2,400 MW by 2045 and to 4,800 MW by 2050. — Sheldeen Joy Talavera

Previous Post

Farmers want DAR to retain power to sign off on agri land transfers

Next Post

Marcos orders advance fertilizer, seed stockpiling

Next Post

Marcos orders advance fertilizer, seed stockpiling

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.







    Fill Out & Get More Relevant News





    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.
    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recommended

    Reeves adviser sparks backlash after saying UK doesn’t ‘need any more restaurants’

    Reeves adviser sparks backlash after saying UK doesn’t ‘need any more restaurants’

    February 24, 2026
    Lord Mandelson arrested amid concerns he was ‘flight risk’

    Lord Mandelson arrested amid concerns he was ‘flight risk’

    February 24, 2026
    Building Sustainable Growth Through a Strategic Portfolio

    Building Sustainable Growth Through a Strategic Portfolio

    February 24, 2026
    ICO fines Reddit £14.47m over children’s data protection failures

    ICO fines Reddit £14.47m over children’s data protection failures

    February 24, 2026

    Disclaimer: 5GInvestmentNews.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 5GInvestmentNews. All Rights Reserved.

    No Result
    View All Result
    • Home
    • Privacy Policy
    • suspicious engagement
    • Terms & Conditions
    • Thank you

    © 2026 JNews - Premium WordPress news & magazine theme by Jegtheme.