The Ministry of Economic Affairs yesterday published a revised national energy strategy that calls for the abolition of nuclear power by 2025 and reductions in the use of fossil fuels.
Although Taiwanese in November last year voted against the government’s 2025 deadline to abolish nuclear power, the energy source would still be completely removed from the nation’s energy mix after that year due to inevitable constraints, Minister of Economic Affairs Shen Jong-chin (沈榮津) told a news conference in Taipei.
Resistance from local governments, difficulty in procuring replacement parts for aging reactors, finding storage space for spent fuel rods and the inability to complete the stay-of-decommissioning application process have all but ruled out the use of nuclear power beyond 2025, Shen said.
Photo: Huang Yao-cheng, Taipei Times
Other remedies, such as reactivating decommissioned nuclear plants, are also unlikely due to the lengthy budget approval process at the legislature, Shen said, adding that General Electric Co is no longer able to provide technical support for reactors that were installed decades ago.
As for referendum No. 7, which called for the reduction of thermal power by at least 1 percent per year on average, Shen said that the goal is achievable this year and next year.
Achieving the goal would not increase the risk of energy shortages and 15 percent reserved power generation capacity could be maintained, he said.
However, energy shortages could happen in 2021 due to an anticipated rise in consumption, Shen said.
Major expansions by Taiwan Semiconductor Manufacturing Co (台積電), Powerchip Technology Corp (力晶科技) and Winbond Electronics Corp (華邦電), as well as the continued adoption of electric vehicles and the return of Taiwanese manufacturing companies, would raise consumption by an additional 2 billion kilowatt-hours, he said.
“In light of rising demand, it is becoming increasingly difficult to cut the use of fossil fuels at a pace of 1 percent a year based on 2017 levels,” Shen said.
He urged the public to support the government’s drive toward renewable energy sources.
However, the government would fulfill the referendum’s requirement barring capacity expansions at coal-fired power plants and abide by local governments’ tightened environmental regulations and limits on coal use, Deputy Minister of Economic Affairs Tseng Wen-sheng (曾文生) said.
Fossil-fuel power generation uses coal and natural gas, Tseng said, adding that the government would continue to lower dependence on dirtier coal plants in favor of cleaner-burning gas plants.
Coal-fired power would trend down, but it would take more time to determine its proportion in the nation’s energy mix, Tseng added.
RESTRAINTS: Should China’s actions pose any threat to Taiwan’s security, economic or social systems, China would be excluded from major financial institutions, the bill says The US House of Representatives on Monday passed the PROTECT Taiwan Act, which states that Washington would exclude China from participating in major global financial organizations if its actions directly threaten Taiwan’s security. The bill, proposed by Republican Representative Frank Lucas, passed with 395 votes in favor and two against. It stipulates that if China’s actions pose any threat to Taiwan’s security, economic or social systems, the US would, “to the maximum extent practicable,” exclude Beijing from international financial institutions, including the G20, the Bank for International Settlements and the Financial Stability Board. The bill makes it clear that China must be prepared
PEACE AT LAST? UN experts had warned of threats and attacks ahead of the voting, but after a turbulent period, Bangladesh has seemingly reacted to the result with calm The Bangladesh Nationalist Party (BNP) yesterday celebrated a landslide victory in the first elections held since a deadly 2024 uprising, with party leader Tarique Rahman to become prime minister. Bangladesh Election Commission figures showed that the BNP alliance had won 212 seats, compared with 77 for the Islamist-led Jamaat-e-Islami alliance. The US embassy congratulated Rahman and the BNP for a “historic victory,” while India praised Rahman’s “decisive win” in a significant step after recent rocky relations with Bangladesh. China and Pakistan, which grew closer to Bangladesh since the uprising and the souring of ties with India, where ousted Bangladeshi prime minister Sheikh Hasina
FAST-TRACK: The deal is to be sent to the legislature, but time is of the essence, as Trump had raised tariffs on Seoul when it failed to quickly ratify a similar pact Taiwan and the US on Thursday signed a trade agreement that caps US tariffs on Taiwanese goods at 15 percent and provides preferential market access for US industrial and agricultural exports, including cars, and beef and pork products. The Taiwan-US Agreement on Reciprocal Trade confirms a 15 percent US tariff for Taiwanese goods, and grants Taiwanese semiconductors and related products the most-favorable-treatment under Section 232 of the Trade Expansion Act, the Executive Yuan said. In addition, 2,072 items — representing nearly 20 percent of Taiwan’s total exports to the US — would be exempt from additional tariffs and be subject only to
The Taiwan Space Agency (TASA) yesterday released the first images from its Formosat-8A satellite, featuring high-resolution views of Hsinchu Science Park (新竹科學園區), Tainan’s Anping District (安平), Kaohsiung’s Singda Harbor (興達港), Japan’s National Stadium in Tokyo and Barcelona airport. Formosat-8A, named the “Chi Po-lin Satellite” after the late Taiwanese documentary filmmaker Chi Po-lin (齊柏林), was launched on Nov. 29 last year. It is designed to capture images at a 1m resolution, which can be sharpened to 0.7m after processing, surpassing the capabilities of its predecessor, Formosat-5, the agency said. It is the first of TASA’s eight-satellite Formosat-8 constellation to be sent into orbit and
RSS