Russia, Philippines' new partner, showcases nuclear energy


Posted at Jun 19 2017 02:42 PM

MOSCOW - Russia showcased its nuclear power expertise here on Monday, hoping to lure countries like the Philippines to adopt its technology.

The Russian State Atomic Energy Corp or ROSATOM, which mounted the expo, signed a memorandum of cooperation with the Department of Science and Technology last month on nuclear energy cooperation.

The partnership seeks the development of nuclear infrastructure, personnel training and public acceptance of nuclear technologies, ROSATOM said in a statement.

The agreement was signed as President Rodrigo Duterte ordered a study on the feasibility of tapping nuclear energy to meet fast-growing power demand.

Duterte is also seeking closer economic and security relations with Russia. He was in Russia last month for an official visit, which included a meeting with Russian President Vladimir Putin.

This year's ATOMEXPO brings together 5,000 participants from 62 countries in the Russia capital.

ROSATOM is currently building 8 nuclear power plants in Russia and 34 others around the world. Last year, the publicly-owned company produced 18.3 percent of electricity production in Russia.

Last February, the latest version of its VVER-1200 reaction was put to use, promising to increase production capacity by 20 percent, cut staffing requirements by as a much as 40 percent due to automation and double the lifespan of the design.