Energy solution nord Taiwan

Can Taiwan supply energy for its economy?

“They’re all interested in how Taiwan can supply energy for its economy going forward—energy that meets global goals for decarbonization,” says Robert C. Armstrong, the Chevron Professor of Chemical Engineering, emeritus, at MIT, as well as a principal investigator for the TIGER program. “Each company is going to have its own particular needs.

Can Taiwan secure its energy future?

The MIT Energy Initiative and a consortium of Taiwanese companies are exploring how Taiwan can secure its energy future as the world transitions away from fossil fuels.

Will Taiwan get nuclear energy?

There are significant political roadblocks standing in the way, but business leaders are intrigued by the prospect of nuclear energy in Taiwan where available land for wind and solar power generation is sparse. “So far, Taiwan government policy is anti-nuclear,” Hsu says.

Will Taiwan rely on natural gas by 2025?

Without a bold policy shift, reliance on natural gas is expected to reach 50 percent by 2025. In terms of Taiwan’s energy security, this poses a problem due to the nature of LNG. Because LNG requires ultra-low temperatures for storage, it is difficult to stockpile on a large scale, as is possible with coal and oil.

How will Taiwan's energy policy affect the semiconductor industry?

If electricity prices soar due to excessive reliance on natural gas-fired power, it could weaken the semiconductor industry and indirectly undermine Taiwan’s national security. The second challenge with the current energy policy, which calls for an increase in the share of renewables, is the uneven distribution of offshore wind power.

Does Taiwan rely on foreign energy?

Taiwan’s extreme reliance on imported energy sources poses significant risks. Nearly 98 percent of its fossil fuels are imported, primarily from the Middle East. This dependency on foreign energy, particularly in a region where China’s influence is expanding, raises concerns about Taiwan’s long-term energy security.