New Energy
Taiwan Considers Importing Clean Energy From Nearby Countries
- Imported renewable power could be cheaper, minister says
- Other nations in Asia also have plans to buy green power
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Taiwan is considering building renewable power plants in nearby countries like the Philippines or Japan and importing the electricity back home to feed the needs of its manufacturers.
“We believe the green power that we import back will be cheaper than the renewable energy that we develop in Taiwan ourselves,” Minister of Economics Affairs, J.W. Kuo, told reporters on Tuesday, adding the power could be brought back via submarine cables.