The construction of a nuclear power plant in Labrador, Pangasinan could make the municipality the richest town in the Philippines, a local lawmaker said. “Can you imagine if not only 1,000 megawatts of nuclear (power) is built in Labrador, but maybe 4,000 or even 6,000 megawatts? I think Labrador will become the richest town in […]The construction of a nuclear power plant in Labrador, Pangasinan could make the municipality the richest town in the Philippines, a local lawmaker said. “Can you imagine if not only 1,000 megawatts of nuclear (power) is built in Labrador, but maybe 4,000 or even 6,000 megawatts? I think Labrador will become the richest town in […]

Proposed nuclear power plant could make Pangasinan town rich, says lawmaker

2025/12/10 19:38
3 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

The construction of a nuclear power plant in Labrador, Pangasinan could make the municipality the richest town in the Philippines, a local lawmaker said.

“Can you imagine if not only 1,000 megawatts of nuclear (power) is built in Labrador, but maybe 4,000 or even 6,000 megawatts? I think Labrador will become the richest town in the entire Philippines,” Marcos Juan Bruno O. Cojuangco, 2nd District of Pangasinan representative, said during the Atomic Energy Week on Tuesday.

Mr. Cojuangco said this is possible because, for every 1,000 megawatts installed, a nuclear plant can generate enough power to supply Labrador with twice its total 2021 electricity consumption every year across the facility’s 80-year lifespan.

He added that such a facility could significantly reduce generation charges, leading to lower electricity rates that may help attract investments.

“I think foreign investors and local investors will flock to Labrador to set up their businesses and industries, and it will enable us to create the thousands of jobs necessary to uplift the lives of Labradorans,” Mr. Cojuangco said.

Last year, Mr. Cojuangco, a staunch advocate of nuclear energy, proposed the construction of a 1,000-megawatt nuclear power plant in Pangasinan.

The plant’s cost is estimated to be at least P225 billion and will possibly be built within a 120-hectare area.

In previous statements, the lawmaker said electricity from nuclear power could drop to as low as P5 per kilowatt-hour or even provided free to residents of Labrador under certain arrangements.

The municipality has a population of 26,811 based on the 2020 census.

Mr. Cojuangco also said the income tax generated from the nuclear plant could help lift Labrador out of poverty, similar to the nearby town of Sual, which saw revenue gains from hosting a 1,000-MW coal power plant.

Labrador is currently the second-poorest municipality in Pangasinan, he said.

Meanwhile, the Archdiocese of Lingayen-Dagupan voiced opposition to the proposed nuclear plant last weekend, citing that its planned location is near the East Zambales Fault Line, making any nuclear project “an unacceptable risk.”

“Not in Pangasinan! Not anywhere else!” the bishops said in a statement. They also recalled the 2011 Fukushima disaster, which caused significant harm to both lives and the environment.

Mr. Cojuangco stressed that the proposed plant will not be built on top of a fault line and would be engineered to withstand the maximum possible earthquake intensity that the fault could generate.

Amid opposition to nuclear energy, he urged the Philippine Nuclear Research Institute (PNRI) to promote a more positive narrative about its benefits.

PNRI is the country’s primary research and technical agency for nuclear science and technology, responsible for conducting research, providing scientific expertise, and training personnel in the safe and peaceful use of nuclear energy.

Meanwhile, the newly created Philippine Atomic Energy Regulatory Authority (PhilATOM) under the recently enacted RA 12305, serves as the independent regulator, overseeing licensing, inspections, and enforcement of nuclear and radiation safety, with PNRI providing technical guidance and support.

The law also includes measures such as the establishment of a national registry for radiation sources, stricter safety protocols, and penalties for unauthorized nuclear activities.

PNRI is leading this year’s Atomic Energy Week from December 9 to 12, highlighting the importance of nuclear science and technology in national development. One of the event’s centerpieces is the open-house technical exhibits, showcasing recent nuclear technologies developed by Filipino scientists and researchers. — Edg Adrian A. Eva

Market Opportunity
Power Protocol Logo
Power Protocol Price(POWER)
$0.07997
$0.07997$0.07997
+0.61%
USD
Power Protocol (POWER) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Nasdaq-listed crypto treasury GD Culture to add 7,500 BTC after Pallas Capital acquisition closes

Nasdaq-listed crypto treasury GD Culture to add 7,500 BTC after Pallas Capital acquisition closes

Those tokens are worth around $876 million at current prices, making GDC among the top 15 largest publicly traded bitcoin holders.
Share
Coinstats2025/09/18 04:19
Coinbase Joins Ethereum Foundation to Back Open Intents Framework

Coinbase Joins Ethereum Foundation to Back Open Intents Framework

Coinbase Payments has joined the Open Intents Framework as a core contributor, working alongside Ethereum Foundation and other major players. The initiative aims to simplify complex multi-chain interactions through automated solver technology. The post Coinbase Joins Ethereum Foundation to Back Open Intents Framework appeared first on Coinspeaker.
Share
Coinspeaker2025/09/18 02:43
Lovable AI’s Astonishing Rise: Anton Osika Reveals Startup Secrets at Bitcoin World Disrupt 2025

Lovable AI’s Astonishing Rise: Anton Osika Reveals Startup Secrets at Bitcoin World Disrupt 2025

BitcoinWorld Lovable AI’s Astonishing Rise: Anton Osika Reveals Startup Secrets at Bitcoin World Disrupt 2025 Are you ready to witness a phenomenon? The world of technology is abuzz with the incredible rise of Lovable AI, a startup that’s not just breaking records but rewriting the rulebook for rapid growth. Imagine creating powerful apps and websites just by speaking to an AI – that’s the magic Lovable brings to the masses. This groundbreaking approach has propelled the company into the spotlight, making it one of the fastest-growing software firms in history. And now, the visionary behind this sensation, co-founder and CEO Anton Osika, is set to share his invaluable insights on the Disrupt Stage at the highly anticipated Bitcoin World Disrupt 2025. If you’re a founder, investor, or tech enthusiast eager to understand the future of innovation, this is an event you cannot afford to miss. Lovable AI’s Meteoric Ascent: Redefining Software Creation In an era where digital transformation is paramount, Lovable AI has emerged as a true game-changer. Its core premise is deceptively simple yet profoundly impactful: democratize software creation. By enabling anyone to build applications and websites through intuitive AI conversations, Lovable is empowering the vast majority of individuals who lack coding skills to transform their ideas into tangible digital products. This mission has resonated globally, leading to unprecedented momentum. The numbers speak for themselves: Achieved an astonishing $100 million Annual Recurring Revenue (ARR) in less than a year. Successfully raised a $200 million Series A funding round, valuing the company at $1.8 billion, led by industry giant Accel. Is currently fielding unsolicited investor offers, pushing its valuation towards an incredible $4 billion. As industry reports suggest, investors are unequivocally “loving Lovable,” and it’s clear why. This isn’t just about impressive financial metrics; it’s about a company that has tapped into a fundamental need, offering a solution that is both innovative and accessible. The rapid scaling of Lovable AI provides a compelling case study for any entrepreneur aiming for similar exponential growth. The Visionary Behind the Hype: Anton Osika’s Journey to Innovation Every groundbreaking company has a driving force, and for Lovable, that force is co-founder and CEO Anton Osika. His journey is as fascinating as his company’s success. A physicist by training, Osika previously contributed to the cutting-edge research at CERN, the European Organization for Nuclear Research. This deep technical background, combined with his entrepreneurial spirit, has been instrumental in Lovable’s rapid ascent. Before Lovable, he honed his skills as a co-founder of Depict.ai and a Founding Engineer at Sana. Based in Stockholm, Osika has masterfully steered Lovable from a nascent idea to a global phenomenon in record time. His leadership embodies a unique blend of profound technical understanding and a keen, consumer-first vision. At Bitcoin World Disrupt 2025, attendees will have the rare opportunity to hear directly from Osika about what it truly takes to build a brand that not only scales at an incredible pace in a fiercely competitive market but also adeptly manages the intense cultural conversations that inevitably accompany such swift and significant success. His insights will be crucial for anyone looking to understand the dynamics of high-growth tech leadership. Unpacking Consumer Tech Innovation at Bitcoin World Disrupt 2025 The 20th anniversary of Bitcoin World is set to be marked by a truly special event: Bitcoin World Disrupt 2025. From October 27–29, Moscone West in San Francisco will transform into the epicenter of innovation, gathering over 10,000 founders, investors, and tech leaders. It’s the ideal platform to explore the future of consumer tech innovation, and Anton Osika’s presence on the Disrupt Stage is a highlight. His session will delve into how Lovable is not just participating in but actively shaping the next wave of consumer-facing technologies. Why is this session particularly relevant for those interested in the future of consumer experiences? Osika’s discussion will go beyond the superficial, offering a deep dive into the strategies that have allowed Lovable to carve out a unique category in a market long thought to be saturated. Attendees will gain a front-row seat to understanding how to identify unmet consumer needs, leverage advanced AI to meet those needs, and build a product that captivates users globally. The event itself promises a rich tapestry of ideas and networking opportunities: For Founders: Sharpen your pitch and connect with potential investors. For Investors: Discover the next breakout startup poised for massive growth. For Innovators: Claim your spot at the forefront of technological advancements. The insights shared regarding consumer tech innovation at this event will be invaluable for anyone looking to navigate the complexities and capitalize on the opportunities within this dynamic sector. Mastering Startup Growth Strategies: A Blueprint for the Future Lovable’s journey isn’t just another startup success story; it’s a meticulously crafted blueprint for effective startup growth strategies in the modern era. Anton Osika’s experience offers a rare glimpse into the practicalities of scaling a business at breakneck speed while maintaining product integrity and managing external pressures. For entrepreneurs and aspiring tech leaders, his talk will serve as a masterclass in several critical areas: Strategy Focus Key Takeaways from Lovable’s Journey Rapid Scaling How to build infrastructure and teams that support exponential user and revenue growth without compromising quality. Product-Market Fit Identifying a significant, underserved market (the 99% who can’t code) and developing a truly innovative solution (AI-powered app creation). Investor Relations Balancing intense investor interest and pressure with a steadfast focus on product development and long-term vision. Category Creation Carving out an entirely new niche by democratizing complex technologies, rather than competing in existing crowded markets. Understanding these startup growth strategies is essential for anyone aiming to build a resilient and impactful consumer experience. Osika’s session will provide actionable insights into how to replicate elements of Lovable’s success, offering guidance on navigating challenges from product development to market penetration and investor management. Conclusion: Seize the Future of Tech The story of Lovable, under the astute leadership of Anton Osika, is a testament to the power of innovative ideas meeting flawless execution. Their remarkable journey from concept to a multi-billion-dollar valuation in record time is a compelling narrative for anyone interested in the future of technology. By democratizing software creation through Lovable AI, they are not just building a company; they are fostering a new generation of creators. His appearance at Bitcoin World Disrupt 2025 is an unmissable opportunity to gain direct insights from a leader who is truly shaping the landscape of consumer tech innovation. Don’t miss this chance to learn about cutting-edge startup growth strategies and secure your front-row seat to the future. Register now and save up to $668 before Regular Bird rates end on September 26. To learn more about the latest AI market trends, explore our article on key developments shaping AI features. This post Lovable AI’s Astonishing Rise: Anton Osika Reveals Startup Secrets at Bitcoin World Disrupt 2025 first appeared on BitcoinWorld.
Share
Coinstats2025/09/17 23:40