Taiwan pivots to coal power as Mid-East war disrupts global LNG market
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Taiwan is increasing coal-fired power generation to bolster energy security due to the disruption of global LNG markets caused by the war in the Middle East. The move aims to address LNG supply risks and mitigate the impact of high gas prices on electricity rates, with Taiwan Power procuring coal-fired power from the Mailiao plant starting in May.
Taiwan will increase coal-fired power generation to ensure energy security. The war in the Middle East has disrupted global LNG markets, cutting gas supplies. Taiwan Power will procure coal-fired power from the Mailiao plant starting in May. This move aims to address LNG supply risks and mitigate high gas prices. Taiwan typically relies on LNG for half its electricity generation, with a significant portion coming from Qatar. The island has secured LNG supply through May and has arrangements for about half its June requirements.
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