USTDA funds feasibility study for SMR deployment

The U.S. Trade and Development Agency (USTDA) is funding a feasibility study in the Philippines to assess the viability of deploying U.S.-designed Small Modular Reactors (SMRs). This development initiative aims to bolster the Philippines' energy security by leveraging advanced U.S. nuclear technology. The USTDA's involvement underscores a strategic effort to promote U.S. exports and create jobs through international development projects, aligning with its mandate to support U.S. companies in priority sectors. The recipient of the study is the Philippines, which is looking to diversify its energy mix and potentially reduce reliance on traditional fossil fuels. While the financial value of the feasibility study is undisclosed, the deal is notable for its potential to unlock a significant market for U.S. SMR technology in the Philippines. The involvement of the USTDA signals a strong commitment from the U.S. government to support the project's development. This initiative could pave the way for future investments in SMR deployment, creating opportunities for U.S. companies in the nuclear energy sector. The announcement date of February 14, 2026, suggests a forward-looking approach to addressing long-term energy needs.