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Philippines' Marcos Says 'Perhaps Time to Revisit Nuclear Energy'

Marcos said 14 new petroleum contracts, resumed Malampaya drilling and hydrogen projects will help secure supply and lower electricity costs.

  • On Monday, July 27, 2026, Philippine President Ferdinand Marcos delivered his fifth State of the Nation Address, announcing the resumption of drilling at the Malampaya gas field and plans to expand the national energy mix to include hydrogen and nuclear power.
  • Amid Middle East conflicts and high electricity costs, Marcos cited the need for indigenous energy sources to reduce reliance on imported fuel, having declared a national energy emergency earlier this year.
  • Renewed drilling at Malampaya confirmed an untapped reserve of 222 billion cubic feet of natural gas, enough to power 1.6 million households for eight years; the government awarded 14 petroleum service contracts, including four for hydrogen production.
  • Marcos exempted individuals earning up to 350,000 pesos from income tax as part of new relief measures and ordered the removal of tariffs on electric vehicles until 2028.
  • The government aims to ensure half of all vehicles are EVs by 2040, while Marcos emphasized that his administration would prioritize public education on nuclear energy safety and benefits.
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The Manila Times broke the news in Manila, Philippines (the) on Monday, July 27, 2026.
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