The two nuclear reactors that have been sitting idle will not be reactivated unless all other means of providing a stable power supply have been exhausted, Minister of Economic Affairs Shen Jong-chin (沈榮津) said yesterday.
Speaking to reporters on the sidelines of the World Congress on Information Technology in Taipei, Shen said that the government would make sure that all power generators are operating normally and that the construction of new power plants is on schedule.
The ministry is making efforts to improve load management and encouraging consumers to adopt energy-saving measures, he said.
It is also focusing on transforming the nation’s energy structure by increasing the ratio of “green” energy in the overall power supply, Shen said.
“If after all these efforts, we are still encountering difficulties, then we will start thinking about reactivating” the No. 1 reactor at the Jinshan Nuclear Power Plant and the No. 2 reactor at the Guosheng Nuclear Power Plant, he said.
The two plants are in New Taipei City.
The government would first ensure that the two reactors are safe and then it would seek public support as well legislative approval to reactivate them, which were not put back in service after being repaired, he said.
President Tsai Ing-wen’s (蔡英文) administration has vowed to make Taiwan a “nuclear-free homeland” by 2025 by phasing out the existing three nuclear power plants — which together supply about 17 percent of the nation’s energy needs.
The government is planning to increase the number of natural gas-powered plants and is hoping that supply from alternative sources will also increase to meet overall demand.
SEMICONDUCTORS: The German laser and plasma generator company will expand its local services as its specialized offerings support Taiwan’s semiconductor industries Trumpf SE + Co KG, a global leader in supplying laser technology and plasma generators used in chip production, is expanding its investments in Taiwan in an effort to deeply integrate into the global semiconductor supply chain in the pursuit of growth. The company, headquartered in Ditzingen, Germany, has invested significantly in a newly inaugurated regional technical center for plasma generators in Taoyuan, its latest expansion in Taiwan after being engaged in various industries for more than 25 years. The center, the first of its kind Trumpf built outside Germany, aims to serve customers from Taiwan, Japan, Southeast Asia and South Korea,
Gasoline and diesel prices at domestic fuel stations are to fall NT$0.2 per liter this week, down for a second consecutive week, CPC Corp, Taiwan (台灣中油) and Formosa Petrochemical Corp (台塑石化) announced yesterday. Effective today, gasoline prices at CPC and Formosa stations are to drop to NT$26.4, NT$27.9 and NT$29.9 per liter for 92, 95 and 98-octane unleaded gasoline respectively, the companies said in separate statements. The price of premium diesel is to fall to NT$24.8 per liter at CPC stations and NT$24.6 at Formosa pumps, they said. The price adjustments came even as international crude oil prices rose last week, as traders
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), which supplies advanced chips to Nvidia Corp and Apple Inc, yesterday reported NT$1.046 trillion (US$33.1 billion) in revenue for last quarter, driven by constantly strong demand for artificial intelligence (AI) chips, falling in the upper end of its forecast. Based on TSMC’s financial guidance, revenue would expand about 22 percent sequentially to the range from US$32.2 billion to US$33.4 billion during the final quarter of 2024, it told investors in October last year. Last year in total, revenue jumped 31.61 percent to NT$3.81 trillion, compared with NT$2.89 trillion generated in the year before, according to
PRECEDENTED TIMES: In news that surely does not shock, AI and tech exports drove a banner for exports last year as Taiwan’s economic growth experienced a flood tide Taiwan’s exports delivered a blockbuster finish to last year with last month’s shipments rising at the second-highest pace on record as demand for artificial intelligence (AI) hardware and advanced computing remained strong, the Ministry of Finance said yesterday. Exports surged 43.4 percent from a year earlier to US$62.48 billion last month, extending growth to 26 consecutive months. Imports climbed 14.9 percent to US$43.04 billion, the second-highest monthly level historically, resulting in a trade surplus of US$19.43 billion — more than double that of the year before. Department of Statistics Director-General Beatrice Tsai (蔡美娜) described the performance as “surprisingly outstanding,” forecasting export growth
RSS