Taiwan Mulls Nuclear Revival to Cut Its LNG Exposure

AI Summary

Taiwan is considering restarting its Maanshan nuclear power station to reduce reliance on expensive LNG imports amid rising gas prices. While nuclear revival plans are advancing with regulatory reviews, the revival will be gradual, limiting immediate relief to Taiwan's energy supply challenges.

Taiwan is moving toward a nuclear comeback barely a year after shutting its last reactor, as soaring LNG prices and mounting dependence on imported gas force a rethink of its energy strategy. The preparations are already tangible: Taipower has submitted a restart plan for the Maanshan nuclear power station, and regulatory reviews are advancing. But restoring nuclear generation will take years, limiting its ability to ease the immediate supply squeeze. Taiwan may be preparing to reduce its LNG exposure, but it will first have to navigate an expensive…