Taiwan Power Company facts for kids
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| Industry | Electric power |
|---|---|
| Predecessor | Taiwan Power |
| Founded | 1 May 1946, in Taipei, Taiwan |
| Headquarters | , |
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Area served
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Taiwan area (Taiwan and Fujian) |
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Key people
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Chu Wen-chen (Chairman) Chu Wen-chen (President) Chen Pu-tsan (Vice President) |
| Revenue | NT$ 547,164 million (2012) |
| 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 |
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Number of employees
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27,261 (2012) |
The Taiwan Power Company (Chinese: 台灣電力公司; pinyin: Táiwān Diànlì GōngSī; Pe̍h-ōe-jī: Tâi-oân Tiān-le̍k Kong-si), also known as Taipower (Chinese: 台電; pinyin: táidiàn; Pe̍h-ōe-jī: Tâi-tiān), is a big company in Taiwan. It is owned by the government. Taipower provides electricity to homes and businesses across Taiwan and its nearby islands.
Contents
How Taipower Started
Taipower was created on May 1, 1946. But its story began even earlier, in 1919. That's when the Taiwan Electric Power Co. was founded. This was during the time when Japan ruled Taiwan.
Over the years, the company built big projects. One important project was the Sun Moon Lake hydropower plant. This plant uses water to make electricity. They also built power lines to connect northern and southern Taiwan.
In 1994, a new rule allowed other companies to make up to 20 percent of Taiwan's electricity. This rule was meant to end Taipower's monopoly. A monopoly means one company controls everything.
In 2012, Taipower teamed up with the Taiwan Water Corporation. They offered a new service together. This service made it easier for people to pay for both water and electricity. Later that year, the government decided to cut Taipower's budget for buying power from other companies.
In 2015, the government planned to change how Taipower works. They wanted to split Taipower into two separate groups. One group would make electricity. The other group would manage the power lines. This was done to make the company work better. It also aimed to encourage fair competition in the electricity business.
In 2016, the government confirmed these changes. Taipower will be divided into smaller companies over the next 6 to 9 years.
How Taipower Works
Taipower runs Taiwan's two working nuclear power plants. It also operates power plants that use coal. However, the plan is to close these coal plants. Instead, Taipower will use power plants that run on natural gas.
The company expects to get its first shipments of liquefied natural gas (LNG) in 2023. This shows Taipower is moving away from coal. Using natural gas is a cleaner way to make electricity.
The main office for Taipower is in a 27-story building. This building is in Zhongzheng District, Taipei. When it was finished in 1983, it was the tallest building in Taiwan. It was also the first building to be taller than 100 meters.
Taipower's Money
In 2019, Taipower was the only government-owned company in Taiwan that was losing money. They reported a loss of about US$955 million in the first half of 2019. This was more than they lost in the same time in 2018.
Taipower said this was because fuel prices were going up. Also, new rules to stop pollution made it more expensive to produce energy.
Taipower Baseball Team
| Taipower baseball team | |||
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| Information | |||
| League | Popcorn League (since 2014) | ||
| Location | Kaohsiung | ||
| Year founded | 1948 | ||
| Uniforms | |||
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The Taiwan Power Company baseball team (Chinese: 台灣電力公司棒球隊), also known as the Taipower baseball team (台電棒球隊), is a famous amateur baseball team in Taiwan. It is one of two such teams owned by a government-sponsored company.
Both the Taipower team and the Taiwan Cooperative Bank team started in 1948. They have a long history of being the best baseball teams in Taiwan. People used to say, "TCB of the North, Taipower of the South."
Many of their best players later joined professional teams. This happened after the Chinese Professional Baseball League (CPBL) was created. Even so, the Taipower team is still considered one of the top teams. It plays in amateur or semi-professional leagues. The team has also helped train many of Taiwan's best baseball players. Many of these players are still important on their current teams.
In 1945, some Taipower employees who loved baseball formed a team. It was called the Kaohsiung Power Baseball Team. This team later became the core of the Taipower Baseball Team. Over the years, the team grew and found many talented players. It became very well known in the amateur league. The team was renamed the Taipower Baseball Team because it had players from all over Taiwan, not just Kaohsiung.
Since then, the team has played in almost every amateur season and tournament. They have won many of them. As of 2023, the team plays in the semi-professional Popcorn League. This league was started in 2014.
See also
- Taiwan Power Company F.C.
- List of power stations in Taiwan
- Electricity sector in Taiwan
- Energy in Taiwan
- Nuclear power in Taiwan
- Renewable energy in Taiwan
- List of companies of Taiwan
Images for kids
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Department of Maintenance
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Taiwan Power Research Institute
