Page 4 - AsiaElec Week 05 2023
P. 4

AsiaElec                                      COMMENTARY                                             AsiaElec


       Taiwan power policy confused as





       outgoing president sticks to guns








       Taiwanese energy security a mix of stubborn adherence to old campaign promises
       and an underperforming renewables sector




        TAIWAN           WHEN Taiwan’s ruling Democratic Progressive   It is, though, a goal largely out of reach with-
                         Party (DPP) came to power in early 2016, it did  out a significant change in domestic energy pol-
       WHAT:             so having in part campaigned on a no-nuclear  icy and concerted moves away from coal and gas
       Taiwan’s confused   policy.                            dependency.
       approach to energy   A law soon followed promising that nuclear   At present, of the five coal power plants con-
       security          power plants (NPPs) then operational or under  structed while the DPP has been in power, none
                         construction would be shuttered by 2025, a year  have state-of-the-art carbon capture and storage
       WHY:              after the current president’s tenure ends in 2024.  (CCS) capabilities built in, or even planned as
       Outgoing president   But with little in the way of its own natural  later add-ons; not a good state of affairs for one
       sticking to no-nuclear   resources, and almost all coal and gas imported,  of the world’s leading polluters, despite being
       campaign promises  the island nation remains heavily dependent on  home to just 0.3% of the global population.
                         its access to sea routes to bring in fossil fuels to
       WHAT NEXT:        power its cities.                    Referendum ignored
       Clarity and nuclear-  Renewables policies, much lauded by the   Current policy dictates that coal-generated capac-
       inclusive policy needed,   DPP in the past seven years, have already seen  ity will make up 30% of the total energy mix in 2025,
       but unlikely      promises of wind and solar generation capacity  a decrease of over 15% from today’s 47% of the total.
                         of 20% of the total by 2025 adjusted downwards   How this will be achieved in unclear.  Power cuts
                         to 15% in the same timeframe, with few in the   LNG too faces difficult times ahead, with cost-ef-
                         industry seeing even this as realistic.  fective cargoes hard to come by when sandwiched   have become
                           Recent figures on renewables output indicate  between Japan and China as the world’s top two gas   an increasingly
                         a range of between 4% and 6% output from solar  importers.
                         and wind capacity – combined – at best.  Yet current DPP goals have LNG-powered capacity   common part of
                           As a result, once the last of its NPPs are offi-  responsible for 50% of output in 2025; up from just 37%
                         cially put into hibernation, there is little on the  today.                life across large
                         horizon to indicate that energy security for Tai-  Even with the ideal energy mix in place, Tai-
                         wan is a feasible reality any time soon.  wan’s energy woes then extend to its ageing grid   parts of Taiwan in
                           For many of the island of 23mn people long  infrastructure.                recent years.
                         coveted by neighbouring China, the only real-  Power cuts have become an increasingly common
                         istic way to help Taiwan retain a modicum of  part of life across large parts of Taiwan in recent years.
                         energy security is to maintain its nuclear power   Statements following some of the more wide-
                         capabilities as a counterbalance to one day los-  spread or lengthy outages affecting the heavily popu-
                         ing access to imports by sea of coal, LNG and oil.  lated northern part of the main island have attributed


























       P4                                       www. NEWSBASE .com                       Week 05   02 •February•2023
   1   2   3   4   5   6   7   8   9