By: Tai Ya-chen and Lilian Wu
Taipei, Oct. 20 (CNA) Taiwan will push for the development of green energy and prepare for the transformation of the state-owned Taiwan Power Company (Taipower) under a draft amendment to the Electricity Act that passed the Executive Yuan on Thursday.
Premier Lin Chuan (林全) said that in the first of the two-phased law amendment, the government will deal with the liberalization of green energy.
The premier said the development of renewable and green energy is a major campaign platform of President Tsai Ing-wen (蔡英文), and the amendment to the Electricity Act can no longer be delayed.
He said liberalizing the sector was necessary because Taipower, which now serves as a player and a referee, cannot possibly allow green energy to develop rapidly. [FULL STORY]