Terry Gou: Taiwan’s Low Electricity Costs Overshadow Importance of Saving Energy

Taiwan citizens could soon see a jump in electricity costs as the country faces energy shortages. Anti-nuclear sentiment is gaining momentum in the country as construction for Taiwan’s controversial fourth nuclear power plants nears completion.

Wide-scale protests have led to a temporary halt on construction, which could led to increased electricity prices, impacting households and the competitiveness of the electronics, semiconductor, steel and textile industries, said Foxconn chairperson Terry Gou at the Cross Strait Guizhou Economic Cooperation Forum held in Taipei. However, Gou also believes this is an opportune moment to restructure the country’s industries ahead of possible energy shortages. 

Terry Gou, Taiwanese tycoon and chairman of Foxconn. 

LED manufacturers such asFoxconn and Nichia have been working together to produce LED lighting products, but it is becoming increasingly clear that Taiwan’s service industry is not willing to make the switch. Since electricity prices in Taiwan are so low, businesses and industries do not see the necessity in using more energy efficient lighting. 

“Industrialists and the service industry should all consider saving energy as a habit. No matter whether the power plant is finished or not, saving energy is a necessary step,” said Gou in a recent China Times article. 

Disclaimers of Warranties
1. The website does not warrant the following:
1.1 The services from the website meets your requirement;
1.2 The accuracy, completeness, or timeliness of the service;
1.3 The accuracy, reliability of conclusions drawn from using the service;
1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website
2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein<
Proprietary Rights
You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.
Signify, the world leader in lighting, announces that Qaztomat, one of the largest high-tech greenhouse operations in Central Asia, has selected Philips Horticulture LED Solutions as the lighting supplier for a new 10-hectare greenhouse expansion... READ MORE
Daktronics, a recognized industry leader in digital display and control system technology, has partnered with Massillon Washington High School in Ohio to install a new LED video display and become the first high school in the nation to impleme... READ MORE