Taiwan pushes law amendment to liberalize green energy sector

Focus Taiwan
Date: 2016/10/20
By: Tai Ya-chen and Lilian Wu

Taipei, Oct. 20 (CNA) Taiwan will push for the development of green energy and prepare for the 26033502transformation 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]

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