Taiwan has scrapped its target of having no nuclear power by 2025 and is reviewing its energy policy after voters in a referendum on Saturday decided against a government policy of abolishing the energy source. The plan to phase-out nuclear power stemmed from public concern after the 2011 Fukushima nuclear disaster and has been a key part of the ruling Democratic Progressive party’s sweeping energy reforms, which are also aimed at slashing coal use and boosting wind and solar. But the move has been opposed by some business groups concerned about energy security for the country’s high-tech manufacturers. In the referendum, held as part of Taiwan’s local elections that delivered a series stunning losses for the DPP and which cast uncertainty on the future of the government ahead of the 2020 presidential and parliamentary elections, 59.5 per ce nt of voters chose to repeal the law. While the nuclear target has now been dropped and Premier William Lai has asked officials to review the government’s energy policy, government policy remains aimed at achieving a nuclear-free Taiwan, officials said.
FT 28th Nov 2018 read more »