- Update
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- Format
- 3 files (PDF report, 2 Excel files)
- Pages
-
54 (Report only)
- Delivery
- Immediate by e-mail
- GENERAL OVERVIEW
- ENERGY AND CLIMATE POLICY FRAMEWORK
- ENERGY COMPANIES
- ENERGY SUPPLY AND DEMAND
- ENERGY USE AND PRICE BY SECTOR
- ISSUES AND PROSPECTS
- STATISTICS
- ABBREVIATIONS
- GLOSSARY
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Overview
Taiwan is advancing its energy transition with ambitious targets, including a 30% renewable share in its power mix by 2030 and net-zero emissions by 2050. Key policies focus on phasing out nuclear, expanding gas and renewables, and enhancing energy efficiency, supported by regulatory reforms and infrastructure investments.
Get more details on the table of contents and data files, as well as the list of graphs and tables by browsing the tabs below.
Highlights
- Taiwan plans to reach a share of 30% of renewables in its power mix and to phase out nuclear in 2030.
- It targets a 30% reduction in GHG emissions in 2030 compared to 2005.
- Two state-owned companies dominate the energy sector: Taipower for power (with around 2/3 of total generation) and CPC for hydrocarbons.
- The share of gas in the power mix is increasing rapidly (43% in 2024, +18 pp since 2010), to the detriment of coal (-11 pp).
- Solar capacity is increasing rapidly (2 GW/year since 2020) and solar now has a share of 5% of the power mix.
- Gasoline and diesel prices declined slightly in 2024, while gas and electricity prices rose for industries.
- Motor fuel prices are about 25% lower than in Japan.
- The 5.5 GW Taichung coal-fired power plant will be decommissioned by 2034.
Energy & Climate Policy Framework
The Energy Administration (formerly known until 2023 as the Bureau of Energy or BOE) of the Ministry of Economic Affairs (MOEA) is in charge of the energy sector.
Energy Companies
Electricity:
Taipower had a capacity of 32.3 GW in 2024 (around 50% of the country's total), mainly composed of thermal power plants (81%), which makes the company very dependent on international energy prices. Taipower also operates several hydropower plants (1.8 GW). Taipower has closed its 3 last nuclear units since 2023: Kuosheng-2 in 2023, Maanshan-1 in 2024 and Maanshan-2 in May 2025.
Energy Supply & Demand
Oil:
Taiwan imports all its crude oil needs (45 Mt of crude in 2024). In 2024, around 60% of the crude oil was imported from the United States and 40% from the Middle East. Consumption fell by 3% to 45 Mt in 2024, after a 1% decrease in 2023 and a 4%/year growth from 2020 to 2022. Between 2010 and 2019, consumption fluctuated around 50 Mt.
Energy Use and Price by Sector
Energy Prices in Residential:
Household gas prices have decreased by 19%/year since 2022, reaching US$4.1c/kWh. Prices have been highly volatile since 2010, with sharp increases of 47% in 2021 and 92% in 2022, and significant decreases of 43% in 2015 and 25% in 2023. On average, between 2010 and 2022, household gas prices increased by 9%/year.
Issues & Prospects
Electricity:
In 2025, Taiwan released its national electricity forecast and long-term development plans. The government projects 1.7% annual growth in electricity demand through 2034 and a net addition of 12.2 GW of gas-fired capacity.
- Graph 1: Primary Consumption Trends by Energy Source
- Graph 2: Total Consumption Market Share by Energy (2024)
- Graph 3: Installed Electric Capacity by Source
- Graph 4: Installed Electric Capacity by Source (2024)
- Graph 5: Gross Power Production by Source & Consumption
- Graph 6: Power Generation by Source (2024)
- Graph 7: Crude Oil Production & Consumption
- Graph 8: Petroleum Products Production & Consumption
- Graph 9: Gas Production & Consumption
- Graph 10: Coal Production & Consumption
- Graph 11: Emissions of GHG and CO2 from Fuel Combustion
- Graph 12: Final Demand Trends by Energy Source
- Graph 13: Final Consumption by Sector
- Graph 14: Final Consumption Market Share by Sector (2024)
- Graph 15: Final Consumption in Industry by Energy Source
- Graph 16: Energy Prices in Industry (Taxes Included)
- Graph 17: Final Consumption in Transport by Energy Source
- Graph 18: Energy Prices in Transport (Taxes Included)
- Graph 19: Final Consumption in Residential, Services, Agriculture by Energy Source
- Graph 20: Energy Prices in Residential (Taxes Included)
- Graph 21: Upcoming New Capacity by Energy Source
- Economic Indicators: Annual historical data including population, GDP growth, imports and exports, inflation rate, energy security and efficiency indicators, CO2 emissions.
- Supply Indicators: Historical data including oil and gas reserves, electric and refining capacity, energy production, power production and external trade. All are detailed by energy source.
- Demand Indicators: Historical data including consumption per inhabitant, consumption trends, total consumption by energy source, final consumption by energy source and sector, and electricity consumption by sector.
- Energy Balances: Single table displaying the overall energy industry balance per annum, also graphically displayed by energy sub-segment.
The Taiwan energy market data since 1990 and up to
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:
- Economic indicators: Annual historical economic indicators, energy security, energy efficiency and CO2 emissions.
- Supply indicators: Annual historical reserves, capacity, production and external trade (imports(+) exports(-) balance).
- Demand indicators: Annual historical consumption per capita, consumption trends, total consumption, final consumption (per energy and per sector) and electricity consumption total and per sector.
- Energy Balance: total and per energy.
- Taiwan Energy Prices: In addition to the analysis provided on the report we also provided a data set which includes historical details on the Taiwan energy prices for the follow items: price of premium gasoline (taxes incl.), price of diesel (taxes incl.), price of electricity in industry (taxes incl.), price of electricity for households (taxes incl.), price of natural gas in industry (taxes incl.), prices of natural gas for households (taxes incl.), spot price of Brent and CO2 emissions (from fuel combustion).