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Industry | Electric power |
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Predecessor | Taiwan Power |
Founded | 1 May 1946; 78 years ago (1946-05-01), inTaipei,Taiwan |
Headquarters | , |
Area served | Taiwan area (Taiwan andFujian) |
Key people | Chu Wen-chen (Chairman) Chu Wen-chen (President)[2] Chen Pu-tsan (Vice President)[3] |
Revenue | NT$ 547,164 million (2012)[4] |
Total assets | NT$ 1,624,314 million (2012) |
Total equity | NT$ 282,642 million (2012) |
Owner | 96.92%government (Ministry of Economic Affairs), 3.08%public |
Number of employees | 27,261 (2012) |
Website | taipower.co.tw![]() |
TheTaiwan Power Company (Chinese:台灣電力公司;pinyin:Táiwān Diànlì Gōngsī;Pe̍h-ōe-jī:Tâi-oân Tiān-le̍k Kong-si), also known by the short nameTaipower (台電;Táidiàn;Tâi-tiān), is a state-ownedelectric power industry providingelectricity toTaiwan and its off-shore islands.
Taipower was established on 1 May 1946. Its origins can be traced to 1919 whenTaiwan Electric Power Co. was founded duringJapanese colonial rule. In the subsequent decades, theSun Moon Lake hydropower project was completed, and the company built a transmission line that connected northern Taiwan with the south.[5]
In 1994, a measure which allowed independent power producers (IPP's) to provide up to 20 percent ofTaiwan'selectricity should have ended themonopoly.[6] On 1 October 2012, Taipower allied withTaiwan Water Corporation to provide cross-agency integrated services calledWater and Power Associated Service that accepts summary transactions between the two utilities. On 11 October 2012, the Economics Committee of theLegislative Yuan cut Taipower's budget for power purchases fromIPP.[4]
In July 2015, theExecutive Yuan approved the amendments to the Electricity Act which were proposed by theMinistry of Economic Affairs, which will divide Taipower into two separatebusiness groups in the next five to nine years: apower generation company and apower grid company. The measures were taken to improve efficiency within the company and to encourage positive competition within the industry.[7]
On 20 October 2016, the Executive Yuan passed an amendments to the Electricity Act according to which Taipower will be divided into subsidiary companies in 6–9 years.[8]
Taipower operates both of Taiwan's active nuclear power plants. It also operatescoal power plants, but these are planned to be shut down in favor of natural gas turbines.[9]
The company is expecting its first deliveries ofliquefied natural gas (LNG) in 2023 as Taipower is moving away from coal for power generation.[10]
The Taipower headquarters is housed in a27-story building located inZhongzheng District,Taipei. Completed in 1983, it was then the tallest building in Taiwan and the first building to surpass the 100 meter height.[11]
As of 2019, Taipower is the only Taiwanese state-owned company that is unprofitable, reporting a loss ofNT$29.7 billion (US$955 million) during the first six months of 2019, a minus of NT$5.7 billion compared to the same period of 2018.[12] The company attributed this on risingfuel prices and various anti-pollution measures which increased the costs of energy production.[12]
Taipower baseball team | |||
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Information | |||
League | Popcorn League (since 2014) | ||
Location | Kaohsiung | ||
Founded | 1948 | ||
Current uniforms | |||
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TheTaiwan Power Company baseball team (Chinese:台灣電力公司棒球隊), also known as theTaipower baseball team (台電棒球隊), is one of the two amateur baseball teams in Taiwan's First Division amateur baseball league that are owned by a government sponsored corporation. Both founded in 1948, the team andTaiwan Cooperative Bank have a long tradition of being the two dominant baseball teams in Taiwan's baseball history. At one point, they were known asTCB of the North, Taipower of the South (北合庫,南台電). Although many of its most prominent players left for professional career after the founding of theChinese Professional Baseball League (CPBL) and struggled to keep its players on the team, it is still considered one of the best teams in the amateur or semi-professional leagues. It also has been training some of the best Taiwanese baseball players, and many of them are still valuable players on their current teams.
In 1945, a group of TPC employees who were enthusiastic of baseball formed the Kaohsiung Power Baseball Team, which would later form the core of Taipower Baseball Team. After many years of development and recruiting many promising players, the team rose to prominence in the amateur league, and was renamed Taipower Baseball Team since its roster included not only players from Kaohsiung, but also other parts of Taiwan. It has since been in virtually every amateur seasons and tournaments, and has won many of them. As of 2023, the team is part of the semi-professionalPopcorn League established in 2014.
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