Facing rising power demand and energy security risks, Taiwan is cautiously reconsidering nuclear energy, exploring next-gen technologies like SMRs and LMRs, while balancing political sensitivities, business needs, and long-term green goals.
Taiwan has made significant strides in e-waste recycling, achieving an impressive recycling rate of approximately 85.9% for discarded electronics, potentially the highest in the world. As the country braces for a surge in battery waste due to the rise of electric vehicles, experts emphasize the need to enhance local recycling capabilities and reduce reliance on imported processing, highlighting both environmental and strategic benefits of recycling lithium from end-of-life batteries.
In recent years, Taiwan has transformed its energy landscape, culminating in the elevation of the Bureau of Energy to the Energy Administration in 2023. A discussion with Deputy Director General Lee Chun-li highlighted the nation’s commitment to achieving net-zero carbon emissions, with a focus on diversifying renewable energy sources and enhancing energy security amid global geopolitical tensions.
As Taiwan pushes toward a greener future, innovative financial solutions play a crucial role in renewable energy projects. Maiora Renewable Energy, a leader in solar power, emphasizes the importance of long-term feed-in tariffs and stable regulatory frameworks in attracting international investment, while addressing the complexities of local approval processes and grid challenges.
Taiwan requires the nationalization of the offshore wind power supply chain, the construction cost of wind farms is 2.5 times higher than that of Europe, and the price of electricity will be 50% higher than in the past. How can offshore wind farms, which are so expensive that they cannot be built, continue in the…
Taiwan is harnessing its abundant solar resources to advance a green revolution, enhancing energy security and boosting economic growth. As the island phases out nuclear power and faces challenges in integrating solar energy with storage solutions, it is also tackling regulatory and land-use hurdles to expand its solar capacity.
To achieve net-zero emissions by 2050, the National Development Council has set a goal of an electricity mix where renewables will account for 70%, a significant increase from the 5.5% it represented in 2020. For Copenhagen Infrastructure Partners (CIP), this ambitious goal is a welcomed development, as the pioneering fund management enterprise aims to deploy…
Taiwan’s aspirations to become an island powered by green energy heavily depend on the efforts of wind power developers. And although the bustling industry now consists of many local and international firms, the first company to accelerate the island’s wind power transformation was Swancor Renewable Energy (SRE), a leading offshore wind developer. SRE has been…
For many international investors, Taiwan represents something of a ground zero for renewable energy development. In fact, the seed of this market has been germinating for over two decades in Taiwan, and it now represents a multi-billion-dollar industry. Among the pioneers of Taiwan’s renewable energy renaissance is German developer wpd, who had entered Taiwan’s market…
Despite rising fuel costs and increased power demand, Taiwan’s electricity prices have remained unchanged for the past four years. With the budgets of state-run gas company CPC and electricity provider Taipower stretched thin, is it time to rethink subsidized power? Taiwan has some of the world’s lowest electricity prices. The question is why? With no…
