Power shortages still a major concern in the private sector

Radio Taiwan International
Date: 29 July, 2019
By: Paula Chao

A potential power shortage is still a major concern in the private sector. That’s according to a white

Taiwan’s leading business tycoon Wang Wen-yuan (CNA photo)

paper released Monday by a Taiwan-based industrial group called Chinese National Federation of Industries (CNFI). 

The group urged the government to extend the lifetime of existing power plants. It said that although the government has promised that Taiwan will not face a power shortage crisis before 2025, the planned changes to Taiwan’s energy mix and the high maintenance cost of green energy are both worrisome.

CNFI’s head, leading business tycoon Wang Wen-yuan, says nuclear power is pretty safe. He said China has built several nuclear power plants just across the Taiwan Strait, and that Taiwan will not be spared from a disaster if an accident occurs.

In its white paper, CNFI lists more than 200 policy suggestions in a number of fields, including industry, energy resources, the environment, tax and finance, and cross-strait relations.

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