First Gen Corp. is sharpening its low-carbon strategy, with nuclear power emerging as an increasingly attractive opportunity amid growing national momentum for the technology, according to Philstar Biz.
The company, a leading Filipino power producer, has not yet made a firm commitment but is closely monitoring developments in the nuclear sector. First Gen already has a diversified portfolio of natural gas, geothermal, hydro, and solar assets.
Analysts note that any nuclear venture would require significant capital and regulatory approval, but the technology could complement First Gen's existing base-load and renewable capacity. The Philippine government has recently expressed interest in including nuclear power in the energy mix.