Sun, Jan 13, 2013 - Page 3 News List

Mayor cautions on nuclear plant

SAFETY FIRST:The New Taipei City mayor said safety must be assured before the Fourth Nuclear Power Plant goes online, as activists launch a petition drive against it

By Loa Iok-sin and Lee I-chia  /  Staff reporters

“If the safety of the Fourth Nuclear Power

The move came after the Ministry of Economic Affairs confirmed on Thursday that it was allocating additional funds for preparatory work at the Fourth Nuclear Power Plant.

In Ministry of Economic Affairs Minister Shih Yen-shiang’s (施顏祥) report at the legislative Economic committee, he said that after 18 improvements at the plant are completed before June, the government would be able to give lawmakers a definite timetable and the precise amount of additional budget needed.

He added that the current estimation is that the total budget spent on the Fourth Nuclear Power Plant would reach more than NT$300 billion (US$10.37 billion), but if the plant is abandoned and the three operating plants are shut down in a few years, electricity prices could soar by 40 percent.

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