Taiwan to Ramp Up Gas Imports After Shuttering Last Nuclear Plant
4 months ago
- #Taiwan
- #Natural Gas
- #Energy Security
- Taiwan shuts down its last nuclear plant, Maanshan, fulfilling a 'nuclear-free' policy.
- Increased reliance on imported natural gas raises concerns over energy security and price volatility.
- Taiwan plans to add 5 gigawatts of gas power to support its semiconductor industry.
- LNG imports hit record highs, with potential annual costs rising by $2 billion by 2030.
- Critics warn of climate goal setbacks and vulnerability to Chinese blockades due to low gas storage (11 days).
- China's military drills included simulating attacks on Taiwan's gas infrastructure.