The Philippines is considering a bold move to revive the contentious Bataan Nuclear Power Plant as a potential solution to escalating electricity costs. Despite ongoing debates over nuclear safety, corruption, and environmental threats, officials are taking steps towards this energy option. Recently, the Department of Energy announced that the Philippines has fulfilled initial criteria set by the International Atomic Energy Agency (IAEA), a key player in global nuclear regulation. This development opens the door for […]
Author: Boris Elyse
Boris Elyse is a seasoned author and thought leader in the fields of new technologies and fintech. With a Master’s degree in Financial Technology from the prestigious University of California, Berkeley, he has developed a profound understanding of the intricate dynamics between emerging technologies and financial systems. Boris began his career at Systems Innovations, where he played a pivotal role in researching and developing cutting-edge fintech solutions. Drawing from his extensive experience in both the corporate and academic arenas, he writes compelling analyses and insights that bridge the gap between technology and finance. His work aims to equip readers with the knowledge needed to navigate the rapidly evolving landscape of financial technology.
Is Nuclear Power Making a Comeback? You Won’t Believe This
The New Wave of Nuclear Energy In a surprising turn of events, the nuclear energy sector is re-emerging with renewed vigor. Following the infamous partial meltdown at the Three Mile Island facility in Pennsylvania in 1979, the industry faced a significant decline, driven by safety concerns and public fear. However, as of 2023, a notable shift has been observed with the successful launch of the first new reactor since 1974. This revitalization is marked by […]