Clean energy to Taiwan

Trends and opportunities

The market

Clean energy currently constitutes around two per cent of the total power generated in Taiwan. Crude oil and petrol along with coal continue to be the major sources of energy supplied in Taiwan, representing around 78 per cent of the total energy generated. (Source: Bureau of Energy, Ministry of Economic Affairs, Energy Statistics Annual Reports, 2 Sep 2014)

In response to climate change, the Taiwanese government has set a renewable energy target of 15 per cent, to be reached by 2025. As part of this two-staged process, energy sourced from clean energy is expected to reach 3355MW in 2013. At the conclusion of the second stage in 2025, 8450MW of power is expected to be derived from clean energy sources.
(Source: Bureau of Energy, Ministry of Economic Affairs, Energy Statistics Annual Reports, 2 Sep 2014)

Structure of Energy Supply in Taiwan

Structure of Energy Supply in Taiwan
*Includes conventional Hydro power, biomass and waste, solar thermal and solar photovoltaic, and Wind power.
(Source: Bureau of Energy, Ministry of Economic Affairs, Energy Statistics Annual Reports, 2 Sep 2014)

Sources of Clean Energy (excluding Thermal Energy)

The Power Generation from Renewable Energy, unit: Gwh




Wind Power

Solar Power











10 625.7






(Source: Bureau of Energy, Energy Statistics Handbook 2012, pg 87, Aug 2013)


Hydro resources are mainly located in more biologically-sensitive regions of Taiwan and as such, there is limited scope for new development. However, there are opportunities for the repair, upgrade and maintenance of existing infrastructure.

In accordance with the Taiwanese government’s target for offshore wind energy, wind power generation is expected to reach 4200MW by 2030, with the planned construction of 1000 offshore wind-turbines. Opportunities for Australian businesses include:

  • Australian wind developers to work with local partners to build offshore wind farms in Taiwan.
  • Marine engineering e.g. offshore wind farm vessels (cable laying, installation vessels, jack-up barges, O&M boats), offshore foundation engineering, geotechnical engineering, offshore substations, subsea cabling and offshore risk assessment (typhoon, earthquake, tsunami, animal impact).

A target of 3100MW solar is expected to be generated by 2030. Government initiatives include the installation of one million solar panels on rooftops. Taiwan solar power developers are building solar farms in the country and overseas. While Japan and the US are the priority destinations for these investors, opportunities for Australian businesses include:

  • Engineering, procurement and construction companies to work with Taiwan solar developers in these markets.
  • Solar developers to build joint ventures with Taiwanese companies for investment projects in Australia.
  • Research institutes to undertake Research and Development (R&D) for higher efficiency and next-generation technology.

Biofuel opportunities exist for Australian exporters and companies seeking to complete joint R&D on second and third generation technology.

The estimated output of energy for Taiwan’s 26 hot spring sites range from between nine MW to 500MW, with the potential to generate over 25GW of power. Opportunities exist for Australian geothermal energy developers to establish geothermal energy generation in the country.

According to studies published by National Taiwan University, there is in excess of 60GW resources that can be developed from the Kuroshio Current. Opportunities exist for Australian ocean energy developers to establish current generation.

Joint R&D opportunities exist for carbon capture and energy storage

There are a number of LED lighting producers interested in establishing joint venture partnerships with Australia developers.

Tariffs, regulations and customs

The Renewable Energy Development Act is a basic foundation for further development of feed-in-tariffs and subsidies.

The guarantee procurement rates of different renewable energy sources

Energy sources Type Install capacity (KW) NT$/kWh





10KW and more

2.6900 – 2.7229



5.7405 (for 20 years) or 7.1085 for years 1-10 and 3.4586 for years 11-20






Non-anaerobic digestion systems


Anaerobic digestion systems






(Source: Bureau of Energy, Ministry of Economic Affairs, R.O.C., The 2015 Wholesale Guarantee Rates and their Calculation Formula of Renewable Energy in Taiwan (Korean), 5 Dec 2014)

Marketing your products and services

Market entry

For exports, it is recommended to approach system integrators, distributors and associations and joint ventures to approach venture capital or individual companies.

For joint research, it is recommended to approach R&D centers and institutions in Taiwan, e.g. the Metals Industry Research and Development Center (MIRDC), the Industrial Technology Research Institute (ITRI), Institute of Nuclear Energy Research (INER) and Taiwanese universities.

Distribution channels

Different sectors have their own segmentation, it is recommended to approach system integrators.

Links and industry contacts

Energy-related resources

Bureau of Energy
Energy Conservation
Taiwan Fuel Cell Information
Taiwan Photovoltaic Industry Association
Taiwan Wind Energy Association
Taiwan Wind Power Industry Association
Thousand Wind Mill Platform
Million Rooftop PVs Promotion Office

Australian resources

Clean Energy Council
The Department of Industry

Please note: This list of websites and resources is not definitive. Inclusion in this list does not imply endorsement by Austrade. The information provided is a guide only. The content is for information and carries no warranty; as such, the addressee must exercise their own discretion in its use. Australia’s anti-bribery laws apply overseas and Austrade will not provide business related services to any party who breaches the law and will report credible evidence of any breach. For further information, please see foreign bribery information and awareness pack.

Contact details

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