With summer temperatures in record territory, Taiwan Power Company (Taipower,
According to one Taipower official, as long as all power generation facilities operate normally, the likelihood of power rationing remains slim.
"Taipower is capable of generating a maximum of 26,680 megawatts per hour, which puts the reserve supply ratio at 3.3 percent," said the official. Taipower's current facilities are able to generate a maximum 28,800 megawatts per hour at capacity.
This comes on the heels of last week's announcement by the company that Taiwan's daily electricity consumption hit a new high for the year on Thursday at 26,150 megawatts per hour -- a mere 2,650 megawatts away from mandatory rationing.
In recent years, rising power demand during the peak summer season has forced Taipower to implement power rationing, especially among industrial users.
Should a power shortage occur, Taipower is authorized to first reduce power to industries that consume more than one megawatt daily by between 5 and15 percent.
As a backup measure, users that consume less than one megawatt of power may then also be subject to rationing. Rationing usually takes the form of daily power shutdowns that last for several hours.
While electricity supply currently exceeds demand, Taipower announced on June 1 that electricity prices would rise between 10 percent and 27 percent -- depending on how much a user consumes every month -- as part of the company's annual summer hike in electricity prices. The peak season increase will last through Sept. 30, in line with the spike in demand for power during the hot summer months.
Taipower, which introduced "high-season" summer rates in 1989, says that the measure is aimed at encouraging the public to conserve energy and cover the costs of expanding the country's power supply.
It was late morning and steam was rising from water tanks atop the colorful, but opaque-windowed, “soapland” sex parlors in a historic Tokyo red-light district. Walking through the narrow streets, camera in hand, was Beniko — a former sex worker who is trying to capture the spirit of the area once known as Yoshiwara through photography. “People often talk about this neighborhood having a ‘bad history,’” said Beniko, who goes by her nickname. “But the truth is that through the years people have lived here, made a life here, sometimes struggled to survive. I want to share that reality.” In its mid-17th to
State-run CPC Corp, Taiwan (CPC, 台灣中油) yesterday signed a letter of intent with Alaska Gasline Development Corp (AGDC), expressing an interest to buy liquefied natural gas (LNG) and invest in the latter’s Alaska LNG project, the Ministry of Economic Affairs said in a statement. Under the agreement, CPC is to participate in the project’s upstream gas investment to secure stable energy resources for Taiwan, the ministry said. The Alaska LNG project is jointly promoted by AGDC and major developer Glenfarne Group LLC, as Alaska plans to export up to 20 million tonnes of LNG annually from 2031. It involves constructing an 1,290km
‘MAKE OR BREAK’: Nvidia shares remain down more than 9 percent, but investors are hoping CEO Jensen Huang’s speech can stave off fears that the sales boom is peaking Shares in Nvidia Corp’s Taiwanese suppliers mostly closed higher yesterday on hopes that the US artificial intelligence (AI) chip designer would showcase next-generation technologies at its annual AI conference slated to open later in the day. The GPU Technology Conference (GTC) in California is to feature developers, engineers, researchers, inventors and information technology professionals, and would focus on AI, computer graphics, data science, machine learning and autonomous machines. The event comes at a make-or-break moment for the firm, as it heads into the next few quarters, with Nvidia CEO Jensen Huang’s (黃仁勳) keynote speech today seen as having the ability to
NEXT GENERATION: The company also showcased automated machines, including a nursing robot called Nurabot, which is to enter service at a Taichung hospital this year Hon Hai Precision Industry Co (鴻海精密) expects server revenue to exceed its iPhone revenue within two years, with the possibility of achieving this goal as early as this year, chairman Young Liu (劉揚偉) said on Tuesday at Nvidia Corp’s annual technology conference in San Jose, California. AI would be the primary focus this year for the company, also known as Foxconn Technology Group (富士康科技集團), as rapidly advancing AI applications are driving up demand for AI servers, Liu said. The production and shipment of Nvidia’s GB200 chips and the anticipated launch of GB300 chips in the second half of the year would propel