Taiwan is set to significantly expand its renewable energy sector to meet growing power demand, according to Deputy Director of the Energy Bureau of the Ministry of Economic Affairs, Lee Chun-Li.
Speaking at a press conference in Taipei ahead of the Energy Taiwan and Net-Zero Taiwan exhibition, Chun-Li emphasized the need for growth and diversification in the country's green energy sources, including wind, solar, tidal, hydro, and geothermal energy.
Chun-Li highlighted that Taiwan's power system is crucial to supporting the island's industries, particularly its semiconductor sector. “What matters most to Taiwan is the semiconductor industry and AI is also on the way to [becoming important],” he said. “Both require stable energy supply…from green energy and that is something we are working on.”
Taiwan is undergoing a “second energy transformation” under President Lai Ching-te, who took office in May. The government aims to have 70% of the island's energy come from green sources by 2050, in alignment with international climate and energy goals. “Net-zero carbon emissions are a global goal. The government is promoting deep energy conservation and accelerating the development of diversified green energy,” said Chun-Li.
Industry representatives also expressed support for the government's policies. Terry Tsao, President of SEMI Taiwan, stated, “The net-zero transition is the only solution to the challenges of climate change.” He emphasized the role of diverse green energy solutions in achieving deep energy savings and positioning Taiwan in the global sustainable business market.
Walter Yeh, Secretary-General of TAITRA, the event organizer, hailed the upcoming exhibition as a pivotal moment for Taiwan's energy sector. “Energy Taiwan and Net-Zero Taiwan serve as crucial platforms for converging green energy and net-zero industries,” said Yeh. The event will see a record number of 480 exhibitors and 1,625 booths, with 20% of the participants being international, making it the largest exhibition of its kind to date.