Business & Markets
Philippines' Marcos says nuclear energy may be worth revisiting amid high power prices
Philippine President Ferdinand Marcos said Monday that it may be time for the country to revisit nuclear energy production, after declaring a national energy emergency earlier this year.
Speaking to a joint session of Congress in a nationally televised address, Marcos said nuclear power might hold answers for the Philippines, which AFP reported pays the highest electricity prices in the region.
“Perhaps it is time for us to revisit nuclear energy production,” he said. Marcos also said safety would be ensured and that the benefits of nuclear energy would be explained properly to the public.
The AFP report did not describe a specific nuclear project, timetable or policy decision.
Update
Marcos made the remarks in a nationally televised speech to a joint session of Congress.
He had declared a national energy emergency earlier this year.
AFP reported that the Philippines pays the highest electricity prices in the region.
Marcos said nuclear energy would need to be safe and its benefits explained properly to the public.
Source note: AFP news report published on 27 July 2026 at 09:12:55 UTC.
Uncertainty notes
The source did not provide details of any specific proposal, decision, timetable or nuclear energy project.
Source
AFP news report published on .