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ESG (e.g., Offshore Wind and Solar Power in Taiwan), 2030 Green Plan,…

- - - - Growth Factors
        
        Passage of the Renewable Energy Development Ordinance in 2009
        
        Feed-In Tariff
        
        Encouraging Businesses and Homes to Adopt Solar Solutions
        
        Key Policies
        
        Substantial reduction in construction
      - Maximum share of renewable energy production in 2023
      - Started to promote in 2000
    - - Growth Factors
        
        “Regulations on Subsidies for the Installation of Wind Power Demonstration Systems”.
        
        In 2000
        
        “Wind Power Offshore System Demonstration Incentive Program”.
        
        In 2012
        
        'Key Operational Points for Allocation of Capacity to Offshore Wind Power Planning Sites'
        
        Government embarks on major offshore wind development in 2018
      - Second largest share of renewable energy production in 2023
  - - - By 2025, 20% of the island's electricity will come from renewable sources.
        
        Solar Energy
        
        Setting a target of 20 GW of solar installation capacity by 2025
        
        Wind Energy
        
        Realize 5.7 GW of offshore wind power capacity by 2025
    - - “Green Energy Industries and Technological Innovations Plan”
      - “Renewable Energy Development Act”
- - - - 98% of energy sourced from abroad.
      - 80% of Electricity
        
        fossil fuels :fuelpump:
        
        Coal
        43%
        
        Natural Gas
        39%
    - - Taiwan
        Only 16%
  - - - Four Major Transitions
        
        Energy Transition
        
        Industrial Transition
        
        Lifestyle Transition
        
        Social Transition
      - Two Governance Foundations
        
        Technological Research and Development
        
        Climate Legislation
    - - Solar Power
        now
        
        Wind Power
        future
        
        Offshore Wind
        
        Limited land space & Favorable offshore wind speeds.
  - - - Over 66,000 MW of offshore wind power
    - - Taiwan Strait benefits from strong and steady wind speeds
    - - Increase the share of clean energy to 20% by 2030
    - - Wind turbine manufacturing
  - - - Some international developers to be cautious about Taiwan’s market
- - - - :red_flag:Limited land resources
      - :hotel:Urban heat island effect
      - :sun_with_face:Global warming
        
        climate change
      - :warning:Energy demand
  - - - 3.cooling singapore plan
        
        Set up monitoring stations in city centers and green spaces to collect data such as temperature, wind speed and sunshine
        
        Research results show that trees can effectively reduce temperatures in urban areas, with the effect varying depending on tree species and shapes.
        
        Effect: Reduce urban heat island effect.
        
        Smart grid &Peer-to-peer energy trading platform
        
        Smart grid reform
        
        Peer-to-peer energy trading platform
        
        Decentralized energy trading model
        
        SolarShare Platform: Southeast Asia’s first peer-to-peer energy trading platform
        
        Operational process
        
        Install solar panels: Users who own solar panels can join the peer-to-peer trading platform.
        
        Modern and digital power system
        
        Solve the problem of intermittency in solar power generation, such as balancing power supply through energy storage technology.
        
        New model of energy sharing
      - Perovskite solar panels can be thinner, lighter, more flexible, and cheaper to manufacture using inkjet printers.
        
        Effect: Improved energy efficiency
    - - 1.Denge Reservoir Floating Solar Power Plant
        
        Estimated to offset 32 kilotonnes of carbon emissions per year, equivalent to taking 7,000 cars off the road.
        
        Composed of 122,000 solar panels, covering an area equivalent to 45 football fields.
- - - - Economic impact
        
        Impact on employment
        
        Wind turbine manufacturing, engineering construction, operation and maintenance services, etc.
        
        Investment opportunities
        
        attract capital investment
        
        Participation of foreign teams
  - - - Future outlook
        
        Potential to reduce carbon emissions
        
        Larger investment in wind turbines
        
        Local and central government support
      - Impact on ecosystems
        
        Bird migration and roosting
        
        Underwater noise affects marine life
        
        Impact on fishery resources
      - Local community reactions and protests
        
        landscape
        
        fishery resources
        
        living environment
      - Sustainable development balance
    - - Wind direction
      - Temperature
      - Wind speed
    - - Underwater infrastructure
      - Construction time and efficiency
    - - Ensure its stability and durability
  - - - Narrow place and densely populated area
        
        Superior wind resources
        
        Taiwan Strait
        
        Geographical shape
        
        Northeast monsoon
        
        Average wind speed throughout the year
      - Limited land space
- - - - Maximum