20 GW
solar capacity planned to be built by 2025
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This analysis includes a comprehensive Taiwan energy market report and updated datasets. It is derived from the most recent key economic indicators, supply and demand factors, oil and gas pricing trends and major energy issues and developments surrounding the energy industry. The report provides a complete picture of the country situation, dynamics, current issues and future prospects. With 2021 market data and continuous follow-up of markets news, this report brings clear and concise insights with which to tackle national energy challenges and opportunities. Browse the tabs below for a detailed table of contents, the list of graphs and tables, and details on the data files.
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Highlights
20 GW
solar capacity planned to be built by 2025
0 GW
increase in nuclear capacity after 2021 referendum
80%
of power mix is met by coal and gas (2021)
Abstract
Institutions & Energy Policy
The Bureau of Energy (BOE) of the Ministry of Economic Affairs (MOEA) is in charge of the energy sector.
Energy Companies
Electricity:
Taiwan Power Company (Taipower) is the national electricity company (96.92% state owned).
Energy Supply
Resources:
Taiwan's fossil resources are very limited.
Energy Prices
Oil:
Gasoline and diesel prices rose in 2021 by 25% and 30%, respectively, nearly reaching their pre-pandemic levels: US$74c/l for gasoline, and US$77c/l for diesel. In 2020, these prices dropped by 29% due to the global crisis. Previously, premium gasoline and diesel prices increased from 2016 until 2018 by 2.7%/year each.
Energy Consumption
The country's total consumption per capita reached 4.7 toe in 2021, which is over three times higher than the Asian average (1.5 toe). Electricity consumption per capita is also 3 times higher than the regional average, at around 11 300 kWh (2021).
Issues & Prospects
Gas:
MOEA plans to increase the deployment of LNG with new LNG terminals.
Below is a list of the Taiwan energy market report graphs:
In the Taiwan energy market report you will find the following tables:
The Taiwan energy market data since 1990 and up to 2021 is included in the Excel file accompanying the Taiwan country report.
It showcases the historical evolution, allowing users to easily work with the data.
Key Data included in the excelsheet:
The Taiwan country report is complemented with a national power generation dashboard (excel file) from our Power Plant Tracker Service.
Data included in the excelsheet:
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