If the Fourth Nuclear Power Plant cannot become operational due to public opposition, the operational periods of the three existing plants will have to be extended, which could cost between NT$35 billion and NT$40 billion (US$1.16 billion and US$1.33 billion) to renew equipment, Taiwan Power Co (Taipower) said.
Company spokesman Tsai Feng-fu (蔡豐富) said that if service is extended by 20 years, the three plants could generate 40 billion kilowatt-hours (kWh) of electricity per year, or 800 billion kWh in 20 years.
If other energy resources are used to generate electricity, such as coal or natural gas, the cost could be NT$1.6 trillion, he said.
Tsai said that with thermal power plants heading for decommissioning in the coming years, there is a risk of power shortages by 2016, of which northern Taiwan would bear the brunt.
He said that if the fourth plant in Gongliao District (貢寮), New Taipei City, is not brought online, other energy resources will need to be found to fill the gap, and extending the service of the three existing plants is one option.
He said that the two units of the fourth plant could generate about 19.3 billion kWh per year, while the electricity generated by the Jinshan, Guosheng and Ma-anshan nuclear power plants is 9 billion kWh, 16 billion kWh and 15 billion kWh respectively.
Considering that northern Taiwan is more likely to face electricity shortages, priority will be given to extending the service of the Jinshan and Guosheng plants, both of which are in New Taipei City, but the decision will ultimately be based on government policy, he said.
According to the Atomic Energy Council Web site, the two units of the Jinshan plant in Shihmen District (石門) will expire in 2018 and 2019 respectively, while the two units in the Guosheng plant in Wanli District (萬里) will expire in 2021 and 2023, and the two in the Ma-anshan plant in Ma-anshan (馬鞍山), Pingtung County, in 2024 and 2025.
Applications to extend service need to be submitted five years before a plant’s expiration date.
The extension service application for the Jinshan plant was submitted before the Fukushima Dai-ichi nuclear power plant disaster in the wake of the March 11, 2011, earthquake in Japan.
Meanwhile, Taipower estimated that despite electricity rate hikes in October last year, the company’s losses this year will amount to nearly NT$10 billion.
As of the end of last month, the company had accumulated losses of NT$209.4 billion.
A magnitude 6.1 earthquake struck off the coast of Yilan County at 8:39pm tonight, the Central Weather Administration (CWA) said, with no immediate reports of damage or injuries. The epicenter was 38.7km east-northeast of Yilan County Hall at a focal depth of 98.3km, the CWA’s Seismological Center said. The quake’s maximum intensity, which gauges the actual physical effect of a seismic event, was a level 4 on Taiwan’s 7-tier intensity scale, the center said. That intensity level was recorded in Yilan County’s Nanao Township (南澳), Hsinchu County’s Guansi Township (關西), Nantou County’s Hehuanshan (合歡山) and Hualien County’s Yanliao (鹽寮). An intensity of 3 was
Instead of focusing solely on the threat of a full-scale military invasion, the US and its allies must prepare for a potential Chinese “quarantine” of Taiwan enforced through customs inspections, Stanford University Hoover fellow Eyck Freymann said in a Foreign Affairs article published on Wednesday. China could use various “gray zone” tactics in “reconfiguring the regional and ultimately the global economic order without a war,” said Freymann, who is also a nonresident research fellow at the US Naval War College. China might seize control of Taiwan’s links to the outside world by requiring all flights and ships entering or leaving Taiwan
The next minimum wage hike is expected to exceed NT$30,000, President William Lai (賴清德) said yesterday during an award ceremony honoring “model workers,” including migrant workers, at the Presidential Office ahead of Workers’ Day today. Lai said he wished to thank the awardees on behalf of the nation and extend his most sincere respect for their hard work, on which Taiwan’s prosperity has been built. Lai specifically thanked 10 migrant workers selected for the award, saying that although they left their home countries to further their own goals, their efforts have benefited Taiwan as well. The nation’s industrial sector and small businesses lay
Taiwan's first indigenous defense submarine, the SS-711 Hai Kun (海鯤, or Narwhal), departed for its 13th sea trial at 7am today, marking its seventh submerged test, with delivery to the navy scheduled for July. The outing also marked its first sea deployment since President William Lai (賴清德) boarded the submarine for an inspection on March 19, drawing a crowd of military enthusiasts who gathered to show support. The submarine this morning departed port accompanied by CSBC Corp’s Endeavor Manta (奮進魔鬼魚號) uncrewed surface vessel and a navy M109 assault boat. Amid public interest in key milestones such as torpedo-launching operations and overnight submerged trials,