Taiwan, one of the world’s major manufacturing hubs, is now charting a path to becoming a clean energy centre in Asia-Pacific. But to realise its full potential, it must ensure sufficient supply of renewable electricity to meet the growing demand of both RE100 members and their supply chains.
Authored by Chung-Hua Institution for economic research (CIER), the Regional Delivery Partner for RE100 in Taiwan, this briefing reviews major policy achievements to date, and assesses the market implications of rising corporate renewable electricity use.
It also underlines the need to deliver on the goal of generating 20% of power from renewable energy by 2025 to retain the local operations of global companies.
Priorities for the Taiwanese authorities include:
- Lowering the cost of renewables
- Improving transparency
- Easing access for small and mid-sized enterprises (SMEs)
- Increasing direct purchasing
RE100 is the global renewable energy initiative led by international non-profit the Climate Group in partnership with CDP.
Taiwan Market Briefing 2020.pdf
Size: 3.03 MB
Date added: 10/12/20