Taiwan sees China's military drills
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Regtechtimes |
On Tuesday, the Chinese military announced it had launched large-scale military drills around Taiwan, involving its army, navy, air force, and rocket forces. These exercises were described as a “stern...
The Economist |
China’s armed forces launched large-scale military exercises on April 1st, warning that the “reunification” of the self-ruling island—by military means if necessary—was “an unstoppable trend”.
Reuters |
Taiwan's government condemned the drills, with the presidential office saying China was "widely recognised by the international community as a troublemaker" and that the government has the confidence ...
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Taiwan will not raise electricity prices for now given global uncertainty over the impact of trade tariffs and geopolitical risks, but the government will seek parliamentary approval for funding to stem nearly $13 billion in losses for the state-run power firm.
Taiwan's state utility Taipower faces significant losses and calls for price hikes primarily due to soaring fossil fuel costs that power 80% of the island's electricity supply, not from renewable energy subsidies as some have suggested.
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The “reserve margin” is a “part of statecraft which simplifies or even ignores uncertainty such as unplanned outages and delayed overhauls, as they are not itemized separately.” Inherent in that is the way Taipower’s calculations for renewable energy have historically deprecated renewables.
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Taiwan will not raise electricity prices for now given global uncertainty over the impact of trade tariffs and geopolitical risks, but the government will seek parliamentary approval for funding to stem nearly $13 billion in losses for the state-run power firm.
Instead, the ministry said it would seek parliamentary support for extra funds for state-run power utility Taipower to ensure the stability of its "financial structure". Taiwan's state refiner ...