The government’s energy transition plan depends on the construction of the proposed third liquified natural gas (LNG) terminal off the coast of Datan Borough (大潭) in Taoyuan’s Guanyin District (觀音) to increase LNG power generation, Minister of Economic Affairs (MOEA) Wang Mei-hua (王美花) said yesterday.
“If we do not have the third LNG terminal as planned, we will not be able to reach 50 percent electricity generation from natural gas and 30 percent electricity generation from coal” by 2025, Wang said at a meeting of the legislature’s Economics Committee in Taipei.
In December last year, 41.5 percent of Taiwan’s electricity came from coal-fired plants, 40.1 percent from natural gas, 14.4 percent from nuclear power and 5.8 percent from renewables, Bureau of Energy data showed.
Photo: Wang Yi-sung, Taipei Times
The government plans to phase out nuclear power by 2025, reduce the use of coal to 30 percent and boost renewables to 20 percent.
The two existing LNG receiving terminals are already running at full capacity, necessitating the third LNG terminal, Wang said.
Democratic Progressive Party Legislator Chiu Chih-wei (邱志偉) asked Wang whether the ministry has a backup plan if a referendum to block the terminal plan prevails.
“As of now, there is no plan B,” Wang said. “The MOEA calls for the swift construction of the third LNG terminal to reduce the amount of coal burned.”
“Gas from the third LNG terminal would fulfill the power needs of 10 million Taiwanese and close the power gap in the north of Taiwan,” Wang said. “This would allow us to generate power where it is used, lowering systemic risk.”
LNG power generation releases approximately 50 percent less greenhouse gas than coal-fired power generation, and much fewer pollutants.
The 5,824 megawatt Taichung Power Plant is the third-largest coal-fired plant in the world and is often fined by the Taichung City Government for using too much coal.
Intel Corp chief executive officer Lip-Bu Tan (陳立武) is expected to meet with Taiwanese suppliers next month in conjunction with the opening of the Computex Taipei trade show, supply chain sources said on Monday. The visit, the first for Tan to Taiwan since assuming his new post last month, would be aimed at enhancing Intel’s ties with suppliers in Taiwan as he attempts to help turn around the struggling US chipmaker, the sources said. Tan is to hold a banquet to celebrate Intel’s 40-year presence in Taiwan before Computex opens on May 20 and invite dozens of Taiwanese suppliers to exchange views
Application-specific integrated circuit designer Faraday Technology Corp (智原) yesterday said that although revenue this quarter would decline 30 percent from last quarter, it retained its full-year forecast of revenue growth of 100 percent. The company attributed the quarterly drop to a slowdown in customers’ production of chips using Faraday’s advanced packaging technology. The company is still confident about its revenue growth this year, given its strong “design-win” — or the projects it won to help customers design their chips, Faraday president Steve Wang (王國雍) told an online earnings conference. “The design-win this year is better than we expected. We believe we will win
Chizuko Kimura has become the first female sushi chef in the world to win a Michelin star, fulfilling a promise she made to her dying husband to continue his legacy. The 54-year-old Japanese chef regained the Michelin star her late husband, Shunei Kimura, won three years ago for their Sushi Shunei restaurant in Paris. For Shunei Kimura, the star was a dream come true. However, the joy was short-lived. He died from cancer just three months later in June 2022. He was 65. The following year, the restaurant in the heart of Montmartre lost its star rating. Chizuko Kimura insisted that the new star is still down
While China’s leaders use their economic and political might to fight US President Donald Trump’s trade war “to the end,” its army of social media soldiers are embarking on a more humorous campaign online. Trump’s tariff blitz has seen Washington and Beijing impose eye-watering duties on imports from the other, fanning a standoff between the economic superpowers that has sparked global recession fears and sent markets into a tailspin. Trump says his policy is a response to years of being “ripped off” by other countries and aims to bring manufacturing to the US, forcing companies to employ US workers. However, China’s online warriors