Friday, December 30, 2011

Guest Post: Another Asian Fukushima Imminent?

Submitted by John C.K. Daly from OilPrice.com,

Another Asian Fukushima Imminent?

Taiwan imports 99 percent of its energy, which is vital to its rapidly industrializing economy.

The island nation's electricity demand was recently growing at almost 5 percent per year, but this is slowing to about 3.3 percent per annum to 2013. Nuclear power has been a significant part of the electricity supply for two decades and now provides 17 percent of the country's overall energy needs.

But

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