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Business > Top Business
Coal, nuclear energy seen to spike power costs
By  Jordeene B. Lagare
May 21, 2021 12:30 am

A study by the University of the Philippines (UP) has advised against the development of coal and nuclear power plants in Luzon as utilizing these technologies could prompt a spike in electricity prices.

The study 'does not recommend the addition of coal and nuclear capacity in the existing portfolio. Again, this is primarily because of the costs associated with these technologies,' Michael Angelo Pedrasa, director for Electrical and Electronics Engineering Institute of the UP College of Engineering, said on Thursday.

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