Thanks to the government's efforts to promote renewable energy, the installation density of solar water heaters in Taiwan is now the third-highest in the world, Vice Economics Minister Hou Ho-shong (侯和雄) said yesterday.
Addressing a seminar held by the Chunghua Institution for Economic Research on the impact of soaring oil prices on the economy, Hou pointed out that the government is trying to work out plans for energy conservation and the enhancement of energy efficiency to cope with high oil prices.
These include a plan to amend the Energy Management Law (能源管理法) to regulate energy efficiency and to enact a renewable energy development law with the goal of seeing renewable energy generation reach 5,130 megawatts, or 10 percent of the total capacity generated by the country's power stations, by 2010, Hou said.
Hou noted that the government is promoting the use of various renewable energy sources, including wind, solar, solar thermal, biomass energy and geothermal energy.
The government is also planning to set up a solar-heated indoor swimming pool this year, Hou said.
The government has subsidized the installation of 74 solar power systems with a total generation capacity of 647 kilowatts, including one at the Presidential Office, and is carrying out a "solar-powered city" project in Tainan County, according to Hou.
Also, the government is expected to complete the country's first geothermal power plant in Ilan County in 2007, he said.
Meanwhile, Hou said, the government is planning to replace all the traffic lights around the country with energy-conserving light emitting diodes next year.
With international oil prices rising to as high as US$70 per barrel in August and fluctuating around US$57 per barrel at present, the Ministry of Economic Affairs and Ministry of Finance have suggested that the Cabinet lower the taxes on gasoline, diesel and fuel oil by 25 percent until Dec. 31 in an effort to stabilize domestic consumer prices, he said.
SETBACK: Apple’s India iPhone push has been disrupted after Foxconn recalled hundreds of Chinese engineers, amid Beijing’s attempts to curb tech transfers Apple Inc assembly partner Hon Hai Precision Industry Co (鴻海精密), also known internationally as Foxconn Technology Group (富士康科技集團), has recalled about 300 Chinese engineers from a factory in India, the latest setback for the iPhone maker’s push to rapidly expand in the country. The extraction of Chinese workers from the factory of Yuzhan Technology (India) Private Ltd, a Hon Hai component unit, in southern Tamil Nadu state, is the second such move in a few months. The company has started flying in Taiwanese engineers to replace staff leaving, people familiar with the matter said, asking not to be named, as the
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