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$70 billion price tag for restarting Taiwan’s No. 4 nuclear plant project , and that’s not counting wastes costs

Restarting No. 4 nuclear plant project could cost NT$70 billion: AEC Focus Taiwan, 2019/03/14   Taipei, March 14 (CNA) It could cost an estimated NT$60-70 billion (US$1.94-2.26 billion) and take at least 10 years to revive the mothballed fourth nuclear power plant at Longmen in New Taipei’s Gongliao District, Atomic Energy Council (AEC) Minister Hsieh Shou-shing (謝曉星) said Thursday.

However, Hsieh said that a decision to search for a final disposal repository for radioactive waste has not been reached and he declined to answer the question of when the location of a final repository can be determined, because no cities or counties in the country are willing to have such a facility in their localities.

Hsieh was responding to a legislator’s questioning about restarting the nuclear plant project during a legislative hearing, as the topic has sparked considerable debate after pro-nuclear energy activists recently proposed a referendum on the issue……..

 the ministry also cited Taipower estimates that it would require about NT$47.8 billion to revive the nuclear plant and put it into commercial operation, adding that the amount could be even higher than that.

(By Liu Lee-jung and Evelyn Kao) http://focustaiwan.tw/news/aeco/201903140013.aspx

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March 16, 2019 - Posted by | business and costs, Taiwan

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