A weekly snapshot of Taiwan business news stories brought to you by CommonWealth and AmCham Taiwan’s TOPICS Taiwan, Australia Seek Cooperation on Hydrogen On July 29, the Australian Office in Taipei and Taiwan’s Ministry of Economic Affairs held the Australia-Taiwan Hydrogen Trade and Investment Dialogue to discuss opportunities for developing hydrogen energy and other emerging…

A weekly snapshot of Taiwan business news stories brought to you by CommonWealth and AmCham Taiwan’s TOPICS Third UK-Taiwan Energy Dialogue Held Virtually in July Taiwan’s Bureau of Energy and the British Office Taipei held the Third Taiwan-Britain Energy Dialogue on July 6, during which the two sides signed a memorandum of understanding to cooperate…

A weekly snapshot of Taiwan business news stories brought to you by CommonWealth and AmCham Taiwan’s TOPICS CPC, Qatar Petroleum Sign LNG Deal On July 7, Taiwan’s state-owned petroleum company CPC and Qatar Petroleum signed a Sales and Purchase Agreement for Liquefied Natural Gas (LNG). Under the agreement, the CPC will purchase 1.25 million tons…

Taiwan’s industrial parks have long faced waste disposal challenges. The reshoring of many Taiwanese manufacturers in recent years amid the restructuring of global supply chains has added to these challenges. Taiwan’s already limited industrial waste-processing capabilities have been stretched to capacity, as is evident from the increasing cost of disposing of waste. In light of…

With renewable energy projects likely to be delayed, Taiwan will be relying even more heavily than expected on natural gas. From its inception in 2016, Taiwan’s energy transition plan relied heavily on the use of natural gas. But with solar and offshore wind development facing possibly substantial delays, the importance of the natural gas portion…

A new, globally certified training center in Taichung is helping Taiwan develop specialized personnel and talent for its offshore wind industry. Taiwan’s shortage of qualified talent to work in the offshore wind business is among its chief challenges in developing the sector. Unlike many nations that have developed offshore wind, Taiwan has almost no marine…

Environmental activists aim to ensure that Taiwan’s green energy revolution is truly environmentally sustainable. But will their efforts slow down Taiwan’s energy transition? The fishing industry is generally condemned by environmental organizations, and Greenpeace has often targeted Taiwan’s deep-sea fishing fleet for illegal and unsustainable practices. Yet in Yunlin County, local environmentalists have found common…

The COVID-19 pandemic has slowed down the development of offshore wind resources in 2020 due to disruptions in supply chains. Over the long-term, however, the government’s rigorous localization policy may present an even bigger impediment. Riding high on the inauguration of its first major offshore wind farm – the 128-megawatt (MW) Formosa 1, Phase 2…