Taiwan plans to maintain its energy policy of operating nuclear power reactors until the end of their desinged lifespan, and by using other energy sources to fill gaps in the energy supply, the Ministry of Economic Affairs said yesterday.
“Taiwan will stick to its nuclear power plant timeline. Despite differing opinions, we do not plan to shut down those reactors before of the end of their designed life cycles,” Minister of Economic Affairs Wang Mei-hua (王美花) told reporters in Taipei.
The state-run Taiwan Power Co (Taipower, 台電) has drafted several measures to secure a stable power supply, including electricity allocation plans to manage water shortages caused by climate change and surging energy costs resulting from the war in Ukraine, Wang said.
Photo: Ching Lin, Taipei Times
Japanese Prime Minister Fumio Kishida on Wednesday said that its government is considering using nuclear reactors beyond their designed lifespans along with restarting idled nuclear power reactors to manage a power crisis.
“My understanding is that Japan plans to make some arrangements about the idled reactors that were shut down following the Fukushima disaster in March 2011,” Wang said.
The government has decided to shift from nuclear power and move toward green power to cut carbon emissions.
The No. 2 reactor at Guosheng Nuclear Power Plant is set to stop operation in March next year, while the No. 1 and No. 2 reactors of the Ma-anshan Nuclear Power Plant are to close in 2024 and 2025 respectively, when they are due to reach the end of their operational lives of about 40 years.
Regulations stiputate that any adjustment to nuclear power operations be applied five years in advance, Taipower spokesman Wu Chin-chung (吳進忠) told the Taipei Times.
“The timing has passed,” he said.
CONSIDERATIONS: The NSTC instructed the park to assist laid-off workers and urge companies to use furlough programs to ease the effects of falling demand Firms in the Hsinchu Science Park (新竹科學園區), which houses major tech companies, reported laying off 496 employees last month amid weakened global demand, Hsinchu Science Park Bureau director-general Wayne Wang (王永壯) said yesterday. Wang told a news conference that 48 companies in the science park laid off employees last month, including one hard disk supplier which let go 241 employees as part of a plant closure due to falling demand. Other companies reported sporadic layoffs as they adjusted to weakening demand, he said. Wang made the remarks after local media reported the layoffs over the weekend. Although the global economy is struggling with high
DEJA VU: Echoing the probe into real-estate giant Evergrande Group, the bank is under Beijing police scrutiny after last week, telling investors it is ‘severely insolvent’ Chinese authorities said they recently opened criminal investigations into Zhongzhi Enterprise Group Co’s (中植企業) money management business, days after the embattled shadow banking giant revealed a shortfall of US$36.4 billion in its balance sheet. Police in Beijing said in a statement on WeChat that they took “criminal mandatory measures” against multiple suspects, identifying one by their last name, Xie (解). They urged investors to report cases or provide leads to the authorities, including filing complaints online. Xie Zhikun (解直錕), the group’s founder, died in 2021, but several of his relatives are executives at the company. The statement did not elaborate on what
German Chancellor Olaf Scholz and German Minister for Economic Affairs and Climate Action Robert Habeck have promised to solve investment subsidy issues for Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) and Intel Corp, despite the country’s budget woes. Uncertainty over the funding to TSMC and Intel has arisen after a ruling by the German Federal Constitutional Court, which cast doubt over subsidies for construction of local semiconductor chip plants. On Nov. 15, the court ruled that the German government’s decision last year to reallocate 60 billion euros (US$65.74 billion) of unused funding from COVID-19 pandemic support measures to its Climate and Transformation Fund
NEW TREAD: The Taiwanese shoe brand paired with TSMC to turn silicon waste into a circular economy good, following its success making shoes from coffee grounds Ccilu International Inc (馳綠國際), a Taiwan-based footwear brand, has become the first company in the world to turn silicon waste from contract chipmaker Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) into eco-friendly shoes. Last year, the global footwear industry saw the first pair of pressure-relief slippers made from recycled silicon waste by Ccilu. The brand continued to unveil follow-up collections, including sports shoes and massage slippers made from the same materials. In an interview with CNA, Ccilu CEO Wilson Hsu (許佳鳴) recalled the company’s innovation of the first pair of slippers made from silicon waste after its silicon waste treatment partner, Semisils Applied Materials
RSS