Page 4 - GreenEnergy
P. 4

Policy Initiatives —

            Green Energy Technology

            Industry Innovation

            Promotion Plan



                 The Taiwanese government views green power and renewable energy
            as one of the core strategic industries for responding to rapid changes in the
            energy environment, global trends in greenhouse gas reduction, and the goal
            of creating a non-nuclear homeland by 2025. The "Green Energy Technology
            Industry Innovation Promotion Plan" is the core of the new energy policy
            announced by the government in October 2016. The Plan focuses on the
            three major goals of "green energy promotion," "industrial development," and
            "technological innovation," which go together hand-in-hand with the four major
            themes of "innovative capacity, energy storage, energy conservation, and system
            integration." In addition to aiming for the policy goal of attaining 30,161MW in
            renewable energy power generation capacity by 2025, it also seeks to promote
            green energy technology development and industry development, create green
            employment, and build a safe, stable, and efficient supply and demand system
            for clean energy in Taiwan. With an eye to the targets for installed renewable
            energy capacity in Taiwan set out in Table 1, Taiwan mainly focuses on solar
            photovoltaics and offshore wind power, which together are expected to account
            for more than 85% of Taiwan's renewable energy by 2025.
                     Table 1 Targets for installed renewable energy capacity in Taiwan,
                                 and percentage of each type
                                                                 Unit: 10MW, %
                                    2020          2021           2025
             Renewable Energy Category
                               Capacity  Percentage  Capacity  Percentage  Capacity  Percentage
                 Photovoltaics  650    57.4    875    57.1   2,000  66.3
                      Land-based  81.4  7.2    83.5   5.5    120     4.0
             Wind power
                       Offshore  97.6    8.6   267.4   17.5   573.8  19.0
               Geothermal energy  15    1.3    16     1.0     20     0.7
                  Biomass       76.8    6.8    77.5   5.1    81.3    2.7
                 Hydropower     210    18.5    210    13.7   215     7.1
                  Fuel cell     2.2     0.2    2.5    0.2    6.0     0.2
                   Total       1,133.1  100.0  1,531.9  100.0  3,016.1  100.0
            Source: Announcement of the Ministry of Economic Affairs (September 9, 2019),
            Source: Announcement of the Ministry of Economic Affairs (September 9, 2019),
                 https://gazette2.nat.gov.tw/EG_FileManager/eguploadpub/eg025170/ch04/type1/gov31/num7/Eg.htm.
                https://gazette2.nat.gov.tw/EG_FileManager/eguploadpub/eg025170/ch04/type1/gov31/num7/Eg.htm.
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