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Civil Nuclear Power Energy Taiwan Economic Development and Investment

Taiwan Nuclear Energy

Taiwan’s return to nuclear energy is expected to create significant business opportunities for U.S. companies in reactor-related equipment, nuclear waste dry storage, and next-generation nuclear reactors. On May 13, 2025, Taiwan’s Legislative Yuan passed an amendment to the Nuclear Reactor Facilities Act, providing the legal basis for Taiwan Power Company (TPC) to restart several of its nuclear power plants. This represents a major policy shift from the former “nuclear-free homeland” strategy and creates a more favorable environment for international cooperation and investment in the nuclear energy sector.

TPC, a state-owned enterprise, owns and operates three nuclear power plants in Taiwan: Chinshan, Kuosheng, and Maanshan. In line with the nuclear-free homeland policy upheld by the ruling party, TPC began decommissioning these facilities in 2019—starting with Chinshan and concluding with the shutdown of the last reactor at the Maanshan plant in May 2025. The decommissioning process presents a market potential of over $1.5 billion, with opportunities in the construction of dry storage facilities for nuclear waste and the recycling of usable materials. TPC is now tendering the dry storage projects for nuclear waste at the Chinshan and Kuosheng power plants. The Request for Proposals (RFP) for the Maanshan dry storage project is expected to be released in the fourth quarter of 2025. 

Following the legislative amendment, if TPC plans to restart nuclear power generation, Maanshan would come online first, followed by Kuosheng. The market value associated with the potential restart of the plants at Maanshan and Kuosheng is estimated at approximately $2.8 billion. U.S. companies that previously supplied reactor-related equipment to these facilities are well-positioned to benefit from the reactivation process.

Taiwan’s authorities have set three key preconditions for the restart of nuclear energy: 

  1. Ensuring safety.
  2. Securing public consensus.
  3. Establishing viable solutions for spent nuclear fuel storage. 

In alignment with these policy directives, Taiwan is expected to show growing interest in advanced technologies related to permanent waste storage and next-generation nuclear reactors. 

For further information, please contact the U.S. Commercial Service in Taiwan at Kenneth.Chen@trade.gov.