SMALL Modular Reactor technology, a relatively new application of an old idea that is thought to present a practical opportunity for the Philippines to join the world's nuclear club, is increasingly looking like the energy sector version of Bitcoin: an intriguing concept that appears as though it must have some use, but on closer examination is not actually all that innovative or economical, and is probably more trouble than it's worth.
However, 'terms of the cost-sharing agreement are being negotiated and may change,' it added.
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