Energy policy same, despite fears - News Summed Up

Energy policy same, despite fears


By Kuo Chia-erh / Staff reporterThe Ministry of Economic Affairs yesterday said its energy policy remains unchanged, after business groups expressed concern about the risk of unstable electricity supplies. Under the nuclear-free homeland policy, the government aims to raise the contribution of renewable energy to 20 percent of the nation’s electricity supply, increase gas-fired power to half and reduce coal-fired power to 30 percent by 2025. While the goal remains unchanged, the ministry would consider adjusting the proportion of gas-fired power and coal-fired power to reflect people’s concerns, Shen said. Asked if the development of “green” energy resources would lead to electricity price hikes, Shen said that adjustments of utility rates should be reasonable and competitive, compared with neighboring nations. Wong, chairman of Formosa Plastics Group (台塑集團), also did not agree with the government’s attempt to replace coal-fired power with natural gas, saying that energy diversification is a global trend to ensure stable power supply.


Source: Taipei Times April 18, 2018 15:56 UTC



Loading...
Loading...
  

Loading...