State-run utility Taiwan Power Co (Taipower, 台電) yesterday signed a memorandum of understanding (MOU) with Japan’s Mitsubishi Group to conduct a demonstration project that involves mixing ammonia with coal to generate power at the Linkou Power Plant (林口發電廠) in New Taipei City.
The project aims to achieve 5 percent cofiring of ammonia at the coal-fired plant by 2030 before increasing the use of ammonia to 20 percent, Taipower spokesman Wu Chin-chung (吳進忠) said.
If the 5 percent ammonia cofiring target is reached, it is expected to help the power plant reduce its carbon emissions by 9,000 tonnes per year, Taipower said.
Photo: Lin Jin-hua, Taipei Times
Emissions reduction in the power sector plays an important role in Taiwan’s efforts to reach its goal of net zero emissions by 2050.
Taipower continues to promote a coal-to-gas shift at coal-fired plants — which includes burning ammonia with coal — energy storage technologies and sources of renewable energy, Taipower president Wang Yao-ting (王耀庭) said during the signing ceremony.
Toshiyuki Hashi — chief executive officer of gas power at Mitsubishi Hitachi Power Systems Ltd, a power solutions brand — said that Taiwan and Japan face common challenges in fuel imports and development of renewable energy sources, adding that he believes through collaboration, the two countries can effectively foster and accelerate an energy transition.
Hiroki Haba, chief operating officer at Mitsubishi Corp’s Next Generation Fuels & Petroleum business division, said that the group plans to spend ¥1.2 trillion (US$8.6 billion) to develop next-generation energy technologies.
As part of that approach, Mitsubishi Corp is seeking to make the ammonia-coal cofiring technology used in the demonstration project with Taipower more cost competitive, Haba said.
SEMICONDUCTORS: The German laser and plasma generator company will expand its local services as its specialized offerings support Taiwan’s semiconductor industries Trumpf SE + Co KG, a global leader in supplying laser technology and plasma generators used in chip production, is expanding its investments in Taiwan in an effort to deeply integrate into the global semiconductor supply chain in the pursuit of growth. The company, headquartered in Ditzingen, Germany, has invested significantly in a newly inaugurated regional technical center for plasma generators in Taoyuan, its latest expansion in Taiwan after being engaged in various industries for more than 25 years. The center, the first of its kind Trumpf built outside Germany, aims to serve customers from Taiwan, Japan, Southeast Asia and South Korea,
Gasoline and diesel prices at domestic fuel stations are to fall NT$0.2 per liter this week, down for a second consecutive week, CPC Corp, Taiwan (台灣中油) and Formosa Petrochemical Corp (台塑石化) announced yesterday. Effective today, gasoline prices at CPC and Formosa stations are to drop to NT$26.4, NT$27.9 and NT$29.9 per liter for 92, 95 and 98-octane unleaded gasoline respectively, the companies said in separate statements. The price of premium diesel is to fall to NT$24.8 per liter at CPC stations and NT$24.6 at Formosa pumps, they said. The price adjustments came even as international crude oil prices rose last week, as traders
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), which supplies advanced chips to Nvidia Corp and Apple Inc, yesterday reported NT$1.046 trillion (US$33.1 billion) in revenue for last quarter, driven by constantly strong demand for artificial intelligence (AI) chips, falling in the upper end of its forecast. Based on TSMC’s financial guidance, revenue would expand about 22 percent sequentially to the range from US$32.2 billion to US$33.4 billion during the final quarter of 2024, it told investors in October last year. Last year in total, revenue jumped 31.61 percent to NT$3.81 trillion, compared with NT$2.89 trillion generated in the year before, according to
SIZE MATTERS: TSMC started phasing out 8-inch wafer production last year, while Samsung is more aggressively retiring 8-inch capacity, TrendForce said Chipmakers are expected to raise prices of 8-inch wafers by up to 20 percent this year on concern over supply constraints as major contract chipmakers Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) and Samsung Electronics Co gradually retire less advanced wafer capacity, TrendForce Corp (集邦科技) said yesterday. It is the first significant across-the-board price hike since a global semiconductor correction in 2023, the Taipei-based market researcher said in a report. Global 8-inch wafer capacity slid 0.3 percent year-on-year last year, although 8-inch wafer prices still hovered at relatively stable levels throughout the year, TrendForce said. The downward trend is expected to continue this year,