renewable energy

Energy in Taiwan

Taiwan, an island the size of Belgium located just of the coast of Mainland China, is home to 23.5 Million people. Its per-capita GDP(PPP) amounts to about USD 49,000 (comparable to Germany and Australia).

Due to the lack of natural resources, most of the energy produced in Taiwan itself is coming from nuclear power sources:

2018-06-20_TaiwanEnergyProduction

 

Source: IEA

As of 2015, Taiwan imports 118,220 ktoe per year of primary energy, including 40,217 ktoe of coal and 44,727 of crude oil. Most of the imported Coal as well as any imported Natural Gas are being used to generate Electricity:

 

2018-06-20TaiwanEnergyElectricityGeneration

Source: IEA

Until now, renewable energy only plays a small part in the Taiwanese energy mix: Hydro, geothermal, solar, biofuels and others contribute about 2.3% of the energy used in Taiwan.

  • Taiwan belongs to group of countries with the highest energy intensity, meaning a high cost of converting energy into GDP.

According to the Taiwanese Bureau of Energy, it is the goal to increase the share of renewable energy to 8%, to increase the utilization of low carbon natural gas to more than 25%, as well as to decrease energy intensity by 50%, all by 2025. In addition, the government wants to influence the industry to implement energy-conserving and emission-reducing measures.

And Taiwan has been making strides recently. In June 2018 alone

  • a Memorandum of Understanding for a cooperation between the Taiwanese government and ABS Consulting Inc. was signed to provide expertise for off-shore wind maintenance and innovation,
  • Siemens Gamesa, with a long history in Taiwan, signed a letter of intent to establish a training center for wind power industry personnel in Taiwan,
  • Siemens Gamesa also closed a contract to supply and install turbines for 20 units / 120 MW of offshore wind power capacity as part of the Formosa 1 Phase 2 plant.

These measures came in addition to the solar energy initiatives on Taiping, increased residential solar subsidies, as well as, research into geothermal energy sources.

 

 

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