Reported 12 months ago
FTNN News Network reported on July 2, 2024, that Taiwan experienced a surge in electricity usage to 41.18 million kilowatts at 1:52 PM yesterday, matching the record spike in the stock market. Despite this, Taiwan Power Company assured that with a backup capacity of over 16%, there is no risk of power shortages. However, some citizens criticized the situation, questioning why electricity costs were increasing. On the horizon, the nuclear Unit 3 is set to be decommissioned at the end of July, leading to concerns about power supply. Nevertheless, Taiwan Power Company has contingency plans in place, including larger capacity units and renewable energy sources, to meet future demand effectively.
Source: YAHOO