Programmes and agreements / prg-ph-meralco-usnc-mmr-prefeasibility

Meralco and Ultra Safe Nuclear micro-modular reactor pre-feasibility study (2023, ended)

In November 2023 Meralco signed a cooperation agreement with Ultra Safe Nuclear Corporation for a four-month pre-feasibility study of deploying one or more Micro-Modular Reactor systems in the Philippines. The World Nuclear Association reports that the cooperation ended after USNC's October 2024 bankruptcy filing. No project followed.

Type
Feasibility or siting study
Countries concerned
Philippines
Participants and roles
Designs named
USNC Micro-Modular Reactor (MMR) (no design profile)
Scale as stated
one or more MMR energy systems (study)
Announced or first reported
Nov 2023
Status
Ended
Four-month pre-feasibility study agreement, WNA (updated 5 Oct 2026) says the cooperation ended after USNC filed for bankruptcy in October 2024.
Confidence
low
Last checked
2026-10-14 (record review date, not proof of current activity)

Sources