Russia offers to put up floating nuclear power plant for PHL

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ROSATOM, a Russian state corporation that specializes in nuclear energy, is offering to establish mobile floating nuclear power plant (FNPP) in the Philippines.

“Our breakthrough solution here is a floating nuclear power plant, which is a mobile low-capacity reactor operable in remote areas isolated from the power grid or in places hard to access by land,” ROSATOM vice-president for Southeast Asia Egor Simonov told GMA News Online.

Simonov noted that the construction of world’s first 77 megawatts electric FNPP, the Akademik Lomonosov, is in the final stage of construction.

“This mobile reactor was designed to supply electricity, thermal power, and even desalinated water to coastal or isolated territories, as well as to industrial offshore units,” he said.

“We are ready to offer a number of ready-made solutions from our latest Generation 3+ VVER (water-cooled and water-moderated) -1200 technology to the new trend in nuclear industry—small nuclear reactors, which attract the attention of government officials, regulators and energy leaders as a potential addition to the nation’s energy mix,” Simonov added.

In November 14, 2017, the Department of Energy (DOE) and ROSATOM signed a memorandum of understanding on cooperation. The parties intend to cooperate in the development of the national nuclear infrastructure in the Philippines to support further implementation of the peaceful nuclear program in the country.

DOE and ROSATOM also agreed to explore possibilities for the construction of land based or floating nuclear power plants equipped with small modular reactors in Philippines.

Sources: http://www.gmanetwork.com/news/money/companies/653280/russia-offers-floating-nuclear-power-plant-for-phl/story/; http://news.abs-cbn.com/business/11/14/17/russia-says-to-help-ph-build-nuclear-power-infrastructure