Taiwan is targeting a 25-fold increase in biodiesel use in the next three years to cut reliance on energy imports and reduce emissions of harmful gases, a government official said yesterday.
Biodiesel use may rise to 100,000 kiloliter or 630,000 barrels in 2010, from an estimated 4,000 kiloliters this year, Yeh Huey-ching (
Energy from the nation's own resources, mostly hydropower and natural gas, accounts for just 1.8 percent of supplies. Taiwan will use soybeans, sunflower seeds and recycled cooking oil to make biodiesel and turn sweet potatoes and corn into ethanol, Yeh said yesterday.
"We are developing clean and alternative energy sources," Yeh said.
The biofuels plan may contribute to Taiwan eventually meeting as much as 8 percent of its own energy needs, he said, without giving a timeframe.
Lawmakers must approve the proposal, which requires a change to the Petroleum Management Law (
Biodiesel use last year was restricted to "a few hundred kiloliters" consumed mostly by garbage removal trucks. Consumption of ethanol for transportation may rise to 100,000 kiloliters in 2011, from zero now, he said.
The project needs the support of state-run CPC Corp, Taiwan (台灣中油) and Formosa Petrochemical Corp (台塑石化), the nation's two oil refiners. CPC will start selling diesel with 1 percent biofuel content at 82 gasoline stations later this month.
Starting September, eight CPC-run service stations will sell gasoline containing 3 percent ethanol and government departments will be encouraged to use the fuel, Yeh said.
Buses in Kaohsiung have been running on fuel that contains 2 percent biodiesel since January, he said.
Thirty-five lines and 79 buses in Chiayi County have started using fuel that contains 5 percent biodiesel since this month, Yeh said. Starting July 27, gas stations in Taoyuan and Chiayi counties will provide fuel containing 1 percent biodiesel to consumers, he said.
Taiwan had 2,615 gasoline stations as of last month, according to the energy bureau. Diesel demand totaled 6.3 million kiloliters last year, while 10.3 million kiloliters of gasoline was used.
Requiring all filling stations to sell biodiesel will mark a "revolutionary step" for Taiwan, Yeh said.
Biodiesel costs NT$53 (US$1.6) a liter, according to the energy bureau. That's more than double the NT$25.8 CPC charges for its premium diesel at filling stations.
Additional reporting by Jessie Ho
Anna Bhobho, a 31-year-old housewife from rural Zimbabwe, was once a silent observer in her home, excluded from financial and family decisionmaking in the deeply patriarchal society. Today, she is a driver of change in her village, thanks to an electric tricycle she owns. In many parts of rural sub-Saharan Africa, women have long been excluded from mainstream economic activities such as operating public transportation. However, three-wheelers powered by green energy are reversing that trend, offering financial opportunities and a newfound sense of importance. “My husband now looks up to me to take care of a large chunk of expenses,
SECTOR LEADER: TSMC can increase capacity by as much as 20 percent or more in the advanced node part of the foundry market by 2030, an analyst said Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) is expected to lead its peers in the advanced 2-nanometer process technology, despite competition from Samsung Electronics Co and Intel Corp, TrendForce Corp analyst Joanne Chiao (喬安) said. TSMC’s sophisticated products and its large production scale are expected to allow the company to continue dominating the global 2-nanometer process market this year, Chiao said. The world’s largest contract chipmaker is scheduled to begin mass production of chips made on the 2-nanometer process in its Hsinchu fab in the second half of this year. It would also hold a ceremony on Monday next week 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
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