Date Announced: 29 Mar 2012 Source： Taiwan Todayhttp://www.taiwantoday.tw/ct.asp?xItem=188524&ctNode=445by Aaron HsuTaiwan will replace 326,000 mercury-vapor street lamps with light-emitting diode ones by the end of 2014 as part of an effort to cut carbon emissions, according to the Ministry of Economic Affairs March 27. The project, to be carried out in Taiwan proper as well as in the outlying archipelagoes of Penghu, Kinmen and Matsu, will also help nurture the local LED industry, the MOEA added. Up to 143 million kilowatt hours of electricity, or 87,500 metric tons of carbon dioxide, will be saved as a result of the switch to more energy-efficient bulbs, the ministry said. In addition, “the project will result in orders worth NT$7.25 billion (US$245 million), money that can provide the nation’s LED manufacturers with a new and steady source of revenue,” an MOEA official said. “The components, modules and finished products of LEDs will be recognized by customers at home and abroad,” she said. “As a result local manufacturers will stand a better chance of making a profit in the global market.” According to the official, local and central governments will only have to allocate an additional NT$2.76 billion for the project during the next three years. The remaining NT$4.49 billion will come from the money saved on electricity bills, she said. “This is a win-win-win situation for the environment, industry and government finance,” she added. According to the MOEA, Taiwan’s LED street lamp sector is expected to create NT$34 billion in annual output value by 2018. (HZW)
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