Energy in Taiwan
In 2022, 79.6% of Taiwan's electricity generation came from fossil fuels (43.4% natural gas, 34.8% coal, 1.4% oil, 1.4% cogeneration, 1.2%), 9.1% from nuclear, 8.6% from renewables, and 1.2% from hydro.
[10] The Democratic Progressive Party Government of the Republic of China under Chen Shui-bian was elected in early 2000 promising to approve only liquefied natural gas power projects in the future, and to increase the share of liquefied natural gas of Taiwan's power generation to roughly one-third by 2010.
[11] During the third Cross-Strait Entrepreneurs Summit in Nanjing on 2–3 November 2015, executives from CNOOC and Shinfox gave a briefing on the joint venture project.
Under the cooperation framework, CNOOC facilities in Fujian will also supply compressed natural gas, along with production technology.
The new law authorizes the government to enhance incentives for the development of renewable energy via a variety of methods, including the acquisition mechanism, incentives for demonstration projects, and the loosening of regulatory restrictions in order to increase Taiwan's renewable energy generation capacity by 6.5 gigawatts to 10 gigawatts within 20 years.
[15][16] In July 2009, the Executive Yuan approved a proposal consisting of 16 measures to transform Taiwan into a “low carbon” country by 2020.
The Ministry of Economic Affairs’ (MOEA) proposal set a long-term goal of cutting total annual greenhouse gas emissions to 2000 levels by the year 2025.
Two pilot communities will be created per county or city over 2009-2011, with 50 percent of the energy supply in those areas coming from renewable sources.
Consumption of petroleum products account for about half of Taiwan's energy supply equivalent of 4.5 million kiloliters of oil.
Taiwan is preparing for the age of high oil prices, and is proactively developing clean energy, such as solar and wind power and biofuels.
The efforts would help reduce Taiwan's reliance on imported oil, while contributing to the reduction of greenhouse gases.
It would coordinate professors from related disciplines and build a diversified teaching platform to recruit young students and researchers.
Educating young scientists in the field of green technology and encouraging them to create innovative products will provide Taiwan with an edge in the international market.
[5] Dr. Yuan Tseh Lee[24] is alumni of National Tsing Hua University and actual Taiwanese Nobel Prize scientist at Lawrence Berkeley National Laboratory using with scientific method and with understanding on laws of thermodynamics looking for energy sources with high net capacity factor as base load power source and low carbon footprint.
[25] Taiwan has to step up its pace in fusion power research if it wishes to develop more sources of "clean" energy according to Dr. Cheng Chio-Zong[26]
