Philippines' Meralco to explore small nuclear reactors with U.S. company

Teaming with Ultra Safe Nuclear could help country shed fossil fuel reliance

20231116N marcos at APEC REU

Philippine President Ferdinand Marcos Jr. speaks at the Asia-Pacific Economic Cooperation (APEC) CEO Summit in San Francisco on Nov. 15. © Reuters

YUICHI SHIGA, Nikkei staff writer

JAKARTA -- Major Philippine power distributor Manila Electric is teaming with U.S.-based Ultra Safe Nuclear Corp. (USNC) to explore setting up small nuclear reactors in the country as part of its shift away from fossil fuels.

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