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For gov’t, nuclear energy now a viable option

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Nuclear energy is back on the government’s list of possible alternatives for power generation in the future, according to the Department of Energy, as it faces stiff opposition from environmentalists and various militant groups.   Energy Secretary Carlos Jericho L. Petilla stressed that even before he was appointed to his current position, he was already [...]

Posted: December 24th, 2012 in Editor's Pick,Headlines | Read More »

Asian shares dip after Wall Street sell-off

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asian markets, september 25, 2012

Asian shares dipped in morning trading Wednesday after the worst sell-off in three months on Wall Street as pessimism about world growth spread across the Pacific.

Posted: September 26th, 2012 in Latest Business Stories | Read More »

Gov’t urged to commission new study on BNPP conversion

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MANILA, Philippines—National Power Corp. (Napocor) has urged the Aquino administration to commission a new study that will determine the viability of retrofitting the mothballed 620-megawatt Bataan Nuclear Power Plant (BNPP), if the present leadership intends to explore that option. Napocor president Froilan A. Tampinco said a fresh study would disprove earlier studies, which claimed that [...]

Posted: September 12th, 2011 in Latest Business Stories | Read More »

Nuclear study may be put on hold

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The Department of Energy is reconsidering its planned P100-million nuclear safety study this year, in light of the extensive damage caused by an 8.9-magnitude earthquake last March on Japan’s Fukushima Daiichi nuclear plant complex. “Due to the Fukushima incident, we’re thinking of reconsidering the (nuclear safety) study and see whether we should do other studies [...]

Posted: June 25th, 2011 in Headlines | Read More »

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