New Energy

Taiwan Opens Door to Restart Atomic Power Plants in Reversal

A nuclear reactor in New Taipei City.

Photographer: Yasuyoshi Chiba/AFP/Getty Images

Taiwanese lawmakers revisedBloomberg Terminal a nuclear power bill that effectively opens the door for a restart of the island’s atomic plants, underscoring a wider policy shift as its energy demand grows and geopolitical tensions worsen.

Under the amended law, nuclear plants that could previously only operate for 40 years will be allowed to renew or extend their licenses for up to 20 years at a time, according to Legislative Speaker Han Kuo-yu. The revision also allows operators to apply for license renewal before or after it expires.