The government could revise the rules on the use of nuclear power, if the public agrees, to meet electricity needs to drive economic growth and industrial development, National Development Council (NDC) Minister Kung Ming-hsin (龔明鑫) said yesterday.
Kung made the remarks in response to opposition lawmakers who said that minister of economic affairs-designate J.W. Kuo (郭智輝) called nuclear power “a clean energy source” during his courtesy visit to the legislature one day earlier.
Opposition lawmakers and trade groups have pressed the Democratic Progressive Party (DPP) government to reconsider phasing out nuclear power in the pursuit of net zero carbon emissions next year, saying that nuclear power is cheaper and environmental hazards could be controlled.
Photo: Fang Pin-chao, Taipei Times
The government would go ahead and raise the share of renewable energy sources in line with its pursuit of a nuclear-free policy, said Kung, who is to serve as Cabinet secretary-general after the power transition next week.
“Authorities could revisit the issue if there is a change to the energy policy or the power mix,” he said at a meeting of the legislature’s Economics Committee in Taipei.
If a majority of Taiwanese favor rule changes, the issue would be open for discussion, Kung said.
Taiwan’s current renewable energy output falls way behind the 20 percent target for next year, but the government would strive to bolster its contribution, NDC Deputy Minister Kao Shien-quey (高仙桂) said.
Coal and gas generated 77.6 percent of energy last year, while renewable energy accounted for 10.5 percent and nuclear power plants supplied 6.31 percent, Taiwan Power Co (Taipower, 台電) said in January.
Green energy sources would remain insufficient, because Taiwan’s economy grows rapidly and depends heavily on power-consuming technology firms to meet fast-growing global demand for artificial intelligence applications, Kao said.
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), the world’s largest contract maker of advanced chips, consumes the bulk of electricity to fulfill orders from Apple Inc, Nvidia Corp, Intel Corp, Advanced Micro Devices Inc and other technology giants.
The EU counts nuclear power as a low-carbon alternative to fossil fuels, with stiff safety and waste disposal requirements, meteorologist Peng Chi-ming (彭啟明), who is to be the new minister of environment, said during an online interview on Wednesday.
A high social consensus would be necessary for the incoming administration of president-elect William Lai (賴清德) to extend the service of existing nuclear power plants, as the move would contradict the stance of outgoing President Tsai Ing-wen (蔡英文), Peng said.
Electronics maker Pegatron Corp (和碩) chairman Tung Tzu-hsien (童子賢) during said that he used to oppose nuclear power, but had changed his stance, as the safety issue has become manageable due to technological progress.
Green energy farms also pose environmental hazards, but in a less evident manner, Tung said.
Tung had turned down Lai’s invitation to be premier after protest from his family, he said.
RECYCLE: Taiwan would aid manufacturers in refining rare earths from discarded appliances, which would fit the nation’s circular economy goals, minister Kung said Taiwan would work with the US and Japan on a proposed cooperation initiative in response to Beijing’s newly announced rare earth export curbs, Minister of Economic Affairs Kung Ming-hsin (龔明鑫) said yesterday. China last week announced new restrictions requiring companies to obtain export licenses if their products contain more than 0.1 percent of Chinese-origin rare earths by value. US Secretary of the Treasury Scott Bessent on Wednesday responded by saying that Beijing was “unreliable” in its rare earths exports, adding that the US would “neither be commanded, nor controlled” by China, several media outlets reported. Japanese Minister of Finance Katsunobu Kato yesterday also
Jensen Huang (黃仁勳), founder and CEO of US-based artificial intelligence chip designer Nvidia Corp and Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) on Friday celebrated the first Nvidia Blackwell wafer produced on US soil. Huang visited TSMC’s advanced wafer fab in the US state of Arizona and joined the Taiwanese chipmaker’s executives to witness the efforts to “build the infrastructure that powers the world’s AI factories, right here in America,” Nvidia said in a statement. At the event, Huang joined Y.L. Wang (王英郎), vice president of operations at TSMC, in signing their names on the Blackwell wafer to
‘DRAMATIC AND POSITIVE’: AI growth would be better than it previously forecast and would stay robust even if the Chinese market became inaccessible for customers, it said Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday raised its full-year revenue growth outlook after posting record profit for last quarter, despite growing market concern about an artificial intelligence (AI) bubble. The company said it expects revenue to expand about 35 percent year-on-year, driven mainly by faster-than-expected demand for leading-edge chips for AI applications. The world’s biggest contract chipmaker in July projected that revenue this year would expand about 30 percent in US dollar terms. The company also slightly hiked its capital expenditure for this year to US$40 billion to US$42 billion, compared with US$38 billion to US$42 billion it set previously. “AI demand actually
Taiwan-based GlobalWafers Co., the world’s third largest silicon wafer supplier, on Wednesday opened a 12-inch silicon wafer plant in Novara, northern Italy - the country’s most advanced silicon wafer facility to date. The new plant, coded “Fab300,” was launched by GlobalWafers’ Italian subsidiary MEMC Electronics Materials S.p.A at a ceremony attended by Taiwan’s representative to Italy Vincent Tsai (蔡允中), MEMC President Marco Sciamanna and Novara Mayor Alessandro Canelli. GlobalWafers Chairwoman Doris Hsu (徐秀蘭) said the investment marked a milestone in the company’s expansion in Europe, adding that the Novara plant will be powered entirely by renewable energy - a reflection of its