PBBM meets top executives from Boeing and US sustainable energy company NuScale, WasteFuel

Strengthening aviation, energy sector a priority, says the president of PHL

President Ferdinand Marcos Jr. meets top executives from US companies, including aerospace and innovation company Boeing, during his working visit to the US on September 19, 2022. He also met with top executives from energy companies, NuScale Power and WasteFuel, which are in the smart and clean energy business. (Photo courtesy of President Ferdinand Marcos Jr.’s Facebook post)

(Eagle News) – President Ferdinand Marcos Jr., held a series of meetings with private American companies in New York, including top managers of the aerospace company Boeing and two energy and fuel companies.

Marcos Jr., met the top executives of NuScale Power, an American energy company founded in 2007, and with WasteFuel, a Californian company that produces renewable fuels through proven technologies.

Next, he met with executives from Boeing, a world-leading aerospace company that has been the leading manufacturer of commercial airliners for decades.

The meetings took place on September 19, one day before his planned intervention commitment before the United Nations General Assembly.

“We met with senior executives from US companies NuScale Power, WasteFuel and Boeing to discuss how we could work together to strengthen the aviation and energy sectors in the Philippines,” said President Marcos Jr in his Facebook post. .

“We are committed to the administration’s goal of sustainable development and we hope that companies like them can help us achieve our goals for the well-being of our people,” he said.

President Ferdinand Marcos Jr. meets top executives from US companies, including aerospace and innovation company Boeing, during his working visit to the US on September 19, 2022. He also met with top executives from energy companies, NuScale Power and WasteFuel, which are in the smart and clean energy business. (Photo courtesy of President Ferdinand Marcos Jr.’s Facebook post)

-Provide the energy needs PHL-

The President’s press officer, Avv. Trixie Cruz-Angeles said that renewable energy and sustainable fuels are important to the Marcos administration, hence the meeting with the executives of these companies.

This is to meet the country’s energy needs amid the expected increase in economic activity in post-pandemic recovery efforts.

Angeles said efforts to seek adequate business electricity and energy supplies are a priority of the Marcos government.

It is your energy supplier with … energy suppliers offering new and sustainable fuels from companies using Pangulo, many renewable energy suppliers. So, huwag pong mag-alala wallpaper po nating iniisip dahil essential po na bahagi ng pag-transform with the ekonomiya ang energy,” she said.

– Scalable advanced nuclear technology –

NuScale’s mission, according to its website, is “to provide scalable advanced nuclear technology for the production of electricity, heat and clean water to improve the quality of life of people around the world.”

It is known for its NuScale VOYGR ™, small modular reactor (SMR) power plants that “offer a scalable solution that incorporates greater safety, greater convenience and extended flexibility for various electrical and process heat applications.”

“NuScale’s scalable design offers the benefits of carbon-free energy and reduces the financial burdens associated with gigawatt-sized nuclear plants,” NuScale said on its website.

-Turning waste into renewable fuels-

WasteFuel, on the other hand, is a US company that is “revolutionizing mobility and addressing the climate emergency by turning waste into renewable fuels using proven technologies,” according to its website.

The fact that “addressing the waste crisis and the climate crisis to create a circular economy will have a radical impact on the way we view, evaluate and treat waste and how we harness its extraordinary mobilization power in the 21st century”.

He believes that “a significant part of mobility by air, land and sea can be fueled by our waste”.

“WasteFuel uses proven and scalable technologies to convert municipal (waste) and agricultural waste into low-carbon fuels, renewable natural gas and green methanol. We have developed innovative technology pathways to significantly improve yields and further reduce emissions, “she said.

Malacanang said it “is the first aviation fuel development project in the Philippines.”

President Marcos Jr’s meeting with Boeing top executives followed the meeting with energy companies.
Boeing has a long tradition of aerospace leadership and innovation and is a leading US exporter of airliners.

There are over 10,000 Boeing-built commercial airliners in service around the world.

In his State of the Nation address last July, the Filipino president, 65, promised to seek solutions to resolve the imbalance in energy supply and demand by looking at renewable and sustainable energy, as well as reviewing the strategy towards construction. of nuclear power plants in the Philippines.

“Currently, our energy demand far exceeds our reliable supply. We need to increase the level of energy production. We need to consider every possible option that would be appropriate for the Philippine situation, “he said later.

“There is room to expand our current energy supply through existing power sources, but this is only to a very limited extent. We have to build new power plants. We need to take advantage of all the best technology now available, especially in the renewable energy sectors, “he added.

President Marcos Jr. said he would streamline and leverage his business trip to the United States to attract foreign investment to the country and explore partnerships to improve the Philippine economy.

This is aside from his debut on the world stage through his commitment to speak at the opening of the 77th United Nations General Assembly which takes the theme “A Watershed Moment: Transformative Solutions to Interlocking Challenges”.

(L’Aquila news service)