Current New & Renewable Energy Priorities in Chinese Taipei Chinese TAIPEI

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1 APEC New & Renewable Energy Technologies Expert Group Meeting 32 nd Meeting, April , Honolulu, Hawaii, USA Current New & Renewable Energy Priorities Yu-Chin Huang Bureau of Energy Ministry of Economic Affairs April 1~3, 2009 Honolulu, Hawaii, USA APEC EGNRET 32 (2009) Hawaii, USA 1

2 Outline Current Targets of Renewable Energy Promotion Sustainable Energy Policy Guidelines New Energy Industry Flagship Program National Energy Conference APEC EGNRET 32 (2009) Hawaii, USA 2

3 Current Targets of Renewable Energy Promotion Renewable energy shall contribute 15%, in terms of installed capacity by Renewables year Installed Capacity (MW) Rate (%) Installed Capacity (MW) 1. Hydropower 1, , Wind Power , Solar PV , Geothermal Biomass , Fuel Cell Ocean Energy Solar Thermal Water Heater Rate (%) Total 3, , million m million m 2 Source: BOE (2009) APEC EGNRET 32 (2009) Hawaii, USA 3

4 Renewable Energy Development Bill The Bill has been submitted to the Legislative Yuan for approval. The goal of 6,500 MW for renewable energies utilization was set. Purchase price for renewable energy shall be reviewed. A special-purpose fund shall be set-up. APEC EGNRET 32 (2009) Hawaii, USA 4

5 Sustainable Energy Policy Guidelines June 5, 2008 World Environment Day Objectives Pursue energy efficiency, clean energy and energy stability to create a win-win-win situation for energy production, the environment and economic growth. Policy Principles two highs and two lows High efficiency High value-added Low emissions Low dependency (on imported energy) APEC EGNRET 32 (2009) Hawaii, USA 5

6 Sustainable Energy Policy Guidelines June 5, 2008 World Environment Day Enhancing Energy Efficiency To reach an annual improvement of 2% in energy efficiency Energy intensity in 2015 will be 20% less than in 2005 and 50% lower than the 2005 level by 2025 Developing Clean Energy To return to 2008 levels of carbon emissions by 2020 and to return to the level of emissions in 2000 by 2025 To promote the share of "low carbon" energy sources of total electricity power output from 40% at present to 55% by 2025 Ensuring Energy Supply Stability To achieve an annual economic growth of 6 percent, secure per capita income of US$30,000 by 2015 based on the energy supply security system APEC EGNRET 32 (2009) Hawaii, USA 6

7 New Energy Industry Flagship Program February 24, 2009 The 3rd Trillion NT$ (~US$ 30 billion) Industry after the semiconductor and TFT/LCD panel industries in Chinese Taipei by Seven energy technologies to be developed including solar PV, LED, wind power, biofuels, hydrogen energy & fuel cell, energy IC, and electric vehicle. Source:BOE (2009) APEC EGNRET 32 (2009) Hawaii, USA 7

8 New Energy Industry Flagship Program Background Changes of Industrial Development Source: ITRI (2009) APEC EGNRET 32 (2009) Hawaii, USA 8

9 New Energy Industry Flagship Program Scope for Chinese Taipei GHG Reduction Developing Renewable Energy Major Industries Solar PV, LED Energy Industries Promoting Energy Conservation Potential Industries Wind power, Biofuels, H 2 & Fuel cell, Energy IC, Electric vehicle Source:BOE (2009) APEC EGNRET 32 (2009) Hawaii, USA 9

10 New Energy Industry Flagship Program Vision & Mission Vision Leading the industry shift toward developing low carbon & valueadded industries Developing Chinese Taipei as a new energy tech & product megaeconomy Mission Year Product World s top three solar PV production economy Largest LED supply economy World wind power system supplier Domestic self-supplier for biofuels World fuel cell fabrication & product base Member of international energy IC supplier Major electric vehicle production base in Asia Pacific regime 2008 NT$ bil 2012 NT$ bil 2015 NT$ Tri Employee 16,030 47, ,800 Source:BOE (2009) APEC EGNRET 32 (2009) Hawaii, USA 10

11 2009 National Energy Conference (3rd NEC) To be held on April 15-16, 2009 Main Issue Developing a Low Carbon Energy Structure by 2025 Topics Developing Low Carbon Energy Promoting Renewable Energy Renovating Power Plants Applying Nuclear Energy APEC EGNRET 32 (2009) Hawaii, USA 11

12 Photo: KOC (2009) Main Stadium for 2009 World Game, Kaohsiung, Chinese Taipei Thank you for your attention. APEC EGNRET 32 (2009) Hawaii, USA 12