US firm plans to build small nuclear power plants in PH

WASHINGTON --- NuScale Power Corp., a publicly traded American company that designs and markets small modular reactors (SMRs), on Monday (early Tuesday in Manila) disclosed plans to build SMRs worth up to $7.5 billion in the Philippines. Top officials of NuScale Power relayed their intention in a meeting with President Ferdinand Marcos Jr. moments before he went to see US President Joe Biden at the White House. Marcos, who is in the US capital for a five-day working visit, said NuScale's SMR project would be critical in addressing the country's energy shortage, which has caused hourslong outages in several provinces. "We need everything (to address the energy problem)... and...Keep on reading: US firm plans to build small nuclear power plants in PH

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