The state-owned Taiwan Power Company (Taipower) plans to implement smart meters and variable electricity prices in order to manage growing demand for electricity.
The Cabinet recently announced a plan to have all new motorcycles on the market be electric powered by 2035, and have all electric cars on sale by 2040. The plan has drawn questions as to whether the national grid will be able to support increased demand for electricity.
Taipower on Friday detailed its plan to manage the electricity supply. The company said it will introduce smart meters and adopt variable rates to encourage members of the public and companies to charge their motorcycle batteries at off-peak times.
Taipower also said it will install charging stations for electric vehicles within communities.