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Meeting demand with supply: renewable energy market briefing Taiwan

10 December 2020, 20:02 GMT

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

38%
of RE100 members will depend on Taiwan to achieve 100% renewable electricity globally
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Taiwan Market Briefing 2020.pdf

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Date added: 10/12/20

Renewable energy market briefing Taiwan