Taiwan's Nuclear Phaseout Fuels Energy Anxiety and Geopolitical Risks
2025-05-19
With its last nuclear plant shut down, Taiwan is heavily reliant on imported natural gas, raising concerns about energy security. This move, aimed at achieving a 'nuclear-free' Taiwan, increases dependence on fossil fuels and exposes the island to volatile gas prices. To power its booming semiconductor industry, Taiwan is adding 5 gigawatts of gas power this year, but with only 11 days of gas storage, it's vulnerable to potential blockades by China. A simulated attack on a Taiwanese gas import terminal during April's military exercises highlights the geopolitical risks, while also jeopardizing Taiwan's climate goals.