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.
Taichung reported the steepest fall in completed home prices among the six special municipalities in the first quarter of this year, data compiled by Taiwan Realty Co (台灣房屋) showed yesterday. From January through last month, the average transaction price for completed homes in Taichung fell 8 percent from a year earlier to NT$299,000 (US$9,483) per ping (3.3m²), said Taiwan Realty, which compiled the data based on the government’s price registration platform. The decline could be attributed to many home buyers choosing relatively affordable used homes to live in themselves, instead of newly built homes in the city’s prime property market, Taiwan Realty
The government yesterday approved applications by Alphabet Inc’s Google to invest NT$27.08 billion (US$859.98 million) in Taiwan, the Ministry of Economic Affairs said in a statement. The Department of Investment Review approved two investments proposed by Google, with much of the funds to be used for data processing and electronic information supply services, as well as inventory procurement businesses in the semiconductor field, the ministry said. It marks the second consecutive year that Google has applied to increase its investment in Taiwan. Google plans to infuse NT$25.34 billion into Charter Investments Ltd (特許投資顧問) through its Singapore-based subsidiary Fructan Holdings Singapore Pte Ltd, and
JET JUICE: The war on Iran’s secondary effects have seen fuel prices skyrocket, knocking flight schedules down to earth in return as airlines struggle with costs Airline passengers should brace for more irritation in the next few months as carriers worldwide cancel flights and ground planes to cope with stratospheric increases in jet-fuel prices. Dutch flag carrier KLM is the latest company to cut its schedule, saying on Thursday that it would scrap 80 return flights at Amsterdam’s Schiphol Airport in the coming month. That puts it in the same league as United Airlines Holdings Inc, Deutsche Lufthansa AG and Cathay Pacific Airways Ltd, which have all pruned itineraries to mitigate costs. Global capacity for next month has been reduced by about 3 percentage points, with all
Micron Technology Inc is a driving force pushing the US Congress to pass legislation that would put new export restrictions on equipment its Chinese competitors use to make their chips, according to people familiar with the matter. A US House of Representatives panel yesterday was to vote on the “MATCH Act,” a bill designed to close gaps in restrictions on chipmaking equipment. It would also pressure foreign companies that sell equipment to Chinese chipmaking facilities to align with export curbs on US companies like Lam Research Corp and Applied Materials Inc. The bill targets facilities operated by China’s ChangXin Memory Technologies Inc