Taiwan strips away nonrenewable fuel 

The country has set a goal to shift to renewable energy by 2050

On the road to global net zero, nations have come up with a myriad of ways to lower their carbon emissions and shift to more renewable energy. Among these countries is Taiwan, which is taking a step toward wind power.

Wind energy organisation Fred. Olsen Windcarrier said the Taiwanese government is developing a new windfarm for clean and renewable energy. Named Formosa 2, this windfarm will be located in Miaoli County and will provide 5.5GW of wind power to the country’s energy mix by 2025. This solution is said to be strong enough to generate electricity that can power 380,000 households with its turbines generating 376MW. The installation started in June 2022 with 26 turbines, followed by another 14, and now seven is being installed with the help of new utilities. 

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According to the Institute for Energy Economics and Financial Analysis, Taiwan’s Ministry of Economic Affairs (MOEA) provided the capacity to allocate support to seven out of ten of the future wind farms of Taiwan selected for the last round of the Zonal Development Phase. They would be developed in Taichung and Changhua, alongside Miaoli, and would be coming online and in full function by 2026 and 2027.

To help with the completion of the windfarm projects, a meeting was held by the International Marine Contractors Association (IMCA). Around 25 representatives were present from the different contractors, suppliers, and regulators who are involved in the project to discuss the ambitious plans Taiwan had set out for offshore winds. The group aims to produce 40GW to 55GW by 2050, and communicated their plan to operate within Taiwan openly and safely with the right guidance.

The Property Report editors wrote this article. For more information, email: [email protected].