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Taiwan to Ramp Up Gas Imports After Shuttering Last Nuclear Plant
Having shut down its last remaining nuclear plant Saturday, Taiwan is working to secure new imports of natural gas. The Maanshan nuclear plant closed following the expiration of its 40-year operating license, fulfilling a promise by the ruling Democratic Progressive Party of a “nuclear-free” Taiwan.
The Maanshan nuclear plant following the expiration of its 40-year operating license, fulfilling a promise by the ruling Democratic Progressive Party of a “nuclear-free” Taiwan. To service its booming semiconductor industry, Taiwan will add 5 gigawatts of gas power to the grid this year, the equivalent of five nuclear reactors. Liquefied natural gas imports are at a record high for this time of year, Bloomberg reports, and state-owned energy firm CPC is seeking additional deliveries of the fuel.
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