Policy & Regulation
Taiwan’s rising gas demand to be met by LNG
Uninspiring upstream prospects mean Taiwan has little choice but to boost LNG imports to compensate for a reduction in coal-fired and nuclear power generation Uninspiring upstream prospects mean Taiwan has little choice but to boost LNG imports to compensate for a reduction in coal-fired and nuclear power generation
18 November 2019
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Taiwan’s gas consumption is set to increase at a steady pace over the next decade, buoyed by the government’s commitment to reducing coal-fired generation and phasing out nuclear by the middle of the coming decade.
Since taking office in 2016, Taiwan’s Democratic Progressive Party (DPP) has pushed to create a “nuclear-free homeland” by 2025 by permanently shutting down the country’s six operable nuclear reactors. The first of two reactors at the 40-year old Chinshan plant has not generated power since 2015, while the...
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