Solar power to be cheaper than coal or nuclear power in 5 years

Focus Taiwan
Date: 2015/12/16
By: Hsu Chih-wei and Christie Chen

Taipei, Dec. 16 (CNA) A Taiwanese-born Nobel laureate threw his weight 26236762behind renewable energy Wednesday and predicted that solar power will be cheaper than coal or nuclear power within five years.

Nuclear power should have been weeded out a long time ago, but people have yet to figure out a way to store solar power — something that could change in 20 or 30 years when technology allows solar energy to be stored and sold on the international market, Lee Yuan-tseh (李遠哲) predicted.

Taiwan needs to cooperate with international society because it is impossible for a small and highly populated country like Taiwan to be self-sufficient in energy, Lee said at a press conference held by National Taiwan University’s Risk Society and Policy Research Center to release a survey on Taiwanese people’s attitudes toward climate change.

Lee, a former president of the International Council for Science, noted that Taiwan produces a lot of solar power panels and LED products each year for export, but seldom uses them domestically.     [FULL  STORY]

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