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Economy Minister Says Taiwan Working To Increase Energy Storage Capacity
TaiwanPlus News
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3 months ago
Economy Minister Kung Ming-hsin says the government is working to increase energy storage capacity amid reports the country would quickly use up its fuel reserves in the event of a Chinese blockade.
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00:00
Economy Minister Gong Mingxin says the government will work to expand the country's energy storage capacity as quickly as possible.
00:08
That's after a Wall Street Journal report found that Taiwan's energy reserves would be used up quickly if China were to blockade the country.
00:16
Liquefied natural gas would be gone after a week, while coal would last about seven weeks.
00:21
Aside from increased storage, Gong says Taiwan is developing more renewable sources.
00:26
The government aims for renewables to make up 20% of the country's energy mix by next year.
00:31
Taiwan currently imports almost all of its energy.
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