Taipower Power Co (Taipower, 台電) yesterday vowed to reduce coal use during “air pollution season” after the Environmental Protection Administration (EPA) late on Tuesday rescinded the Taichung City Government’s sanctions on the state-run utility.
Citing Article 117 of the Administrative Procedure Act (行政程序法), the EPA overruled the city government’s decision last month to revoke Taipower’s operating licenses for two of its coal-fired generators at Taichung Power Plant (台中電廠) to reduce the city’s air pollution.
The city government basing the sanctions on a volatile set of rules was unlawful, the EPA said, adding that Taipower has not breached the city government’s coal use limit over the past year, contrary to Taichung’s claim.
As a result, Taipower can temporarily resume the use of its No. 2 and No. 3 generators at the facility until the Taichung Legal Affairs Bureau reaches a final decision.
“While we have not reactivated the two generators yet, as they need to undergo routine repairs … the EPA has given us the legroom that we desperately need,” Taipower chief engineer and spokesman Hsu Tsao-hua (徐造華) said by telephone, adding that the company can now better maintain its power reserve margin at more than 10 percent.
Taipower has yet to set a definitive timeline to restart the generators, which “would depend on other factors, including the current level of energy consumption, as well as the air quality,” Hsu said.
Taipower aims to lower coal use to 12.6 million tonnes this year, he said.
The utility plans to shut down three of 10 generators at the plant at the start of October, when air quality deteriorates as seasonal winds carrying pollutants from China sweep over Taiwan, he added.
“Moreover, the remaining seven generators would only function at the same level as six generators running at full capacity … translating into a 40 percent reduction in coal use,” Hsu said.
The company is also increasing its use of natural gas for energy generation, he said, pointing to a new gas-fired unit installed at the Tunghsiao Power Plant (通霄電廠) in Miaoli County.
“An additional 109 million kilowatts would be integrated into our power grid by May … just before the summer,” Hsu said.
Electricity from Taipower’s gas-fired generators last year surpassed that of coal-fired generators, company data showed.
China’s economic planning agency yesterday outlined details of measures aimed at boosting the economy, but refrained from major spending initiatives. The piecemeal nature of the plans announced yesterday appeared to disappoint investors who were hoping for bolder moves, and the Shanghai Composite Index gave up a 10 percent initial gain as markets reopened after a weeklong holiday to end 4.59 percent higher, while Hong Kong’s Hang Seng Index dived 9.41 percent. Chinese National Development and Reform Commission Chairman Zheng Shanjie (鄭珊潔) said the government would frontload 100 billion yuan (US$14.2 billion) in spending from the government’s budget for next year in addition
Advanced Micro Devices Inc (AMD) suffered its biggest stock decline in more than a month after the company unveiled new artificial intelligence (AI) chips, but did not provide hoped-for information on customers or financial performance. The stock slid 4 percent to US$164.18 on Thursday, the biggest single-day drop since Sept. 3. Shares of the company remain up 11 percent this year. AMD has emerged as the biggest contender to Nvidia Corp in the lucrative market of AI processors. The company’s latest chips would exceed some capabilities of its rival, AMD chief executive officer Lisa Su (蘇姿丰) said at an event hosted by
AVIATION: Despite production issues in the US, the Taoyuan-based airline expects to receive 24 passenger planes on schedule, while one freight plane is delayed The ongoing strike at Boeing Co has had only a minor impact on China Airlines Ltd (CAL, 中華航空), although the delivery of a new cargo jet might be postponed, CAL chairman Hsieh Su-chien (謝世謙) said on Saturday. The 24 Boeing 787-9 passenger aircraft on order would be delivered on schedule from next year to 2028, while one 777F freight aircraft would be delayed, Hsieh told reporters at a company event. Boeing, which announced a decision on Friday to cut 17,000 jobs — about one-tenth of its workforce — is facing a strike by 33,000 US west coast workers that has halted production
TECH JUGGERNAUT: TSMC shares have more than doubled since ChatGPT’s launch in late 2022, as demand for cutting-edge artificial intelligence chips remains high Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday posted a better-than-expected 39 percent rise in quarterly revenue, assuaging concerns that artificial intelligence (AI) hardware spending is beginning to taper off. The main chipmaker for Nvidia Corp and Apple Inc reported third-quarter sales of NT$759.69 billion (US$23.6 billion), compared with the average analyst projection of NT$748 billion. For last month alone, TSMC reported revenue jumped 39.6 percent year-on-year to NT$251.87 billion. Taiwan’s largest company is to disclose its full third-quarter earnings on Thursday next week and update its outlook. Hsinchu-based TSMC produces the cutting-edge chips needed to train AI. The company now makes more