Offshore Floating Nuclear Power
Talcott Factors has strived to bring affordable Nuclear Power to the Philippines since its 2013 effort with the Aquino Administration to make seismically safe BATAAN Nuclear Power Plant; mothballed since Presidente Marcos.
BATAAN Nuclear Power Plant
Talcott Factors in 2016 approached MIT about its seismic solution and in the process learned of the MIT solution to seismic threats; Offshore Floating Nuclear Power.
OFNP paper by Buongiorno
Talcott Factors has received an initial commitment from Manila’s principal electricity distribution company for financial participation in this multi-billion pesos project. Duterte’s Administration has stated actual Nuclear Power as a goal.
Talcott Factors is endeavoring to make this goal a reality.