What difficulties does Taipower face in terms of power generation, electricity market liberalisation and CO2 reduction?
Taipower will evaluate the mix of power generation types in its power system from time to time to optimise the balance among security, economic supply and CO2 reduction. The liberalisation of the electricity market is a long-term policy of the government in Taiwan. In order to cope with the challenges in a competitive market, Taipower will endeavour to improve the quality of customer service and power supply to win customer’s loyalty. Taipower is doing its best to cut down expenses, enhance efficiency and diversify business areas. Taipower also faces the soaring prices of the energy market and the uncertainties of energy supply. Taipower will review its fuel purchase contracts and strategies to appropriately respond to the market change, look for opportunities for overseas energy investment, build new bulk-carrier vessels for coal freight and promote the conversion of the domestic natural gas pipeline system into a ‘common carrier’ in order for Taipower to embark on the import of LNG f
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