Taiwan Key Figures
- Population:
- 23.6 million
- GDP growth rate:
- 3.73 %/year
- Energy independence:
- 7.24%
Data of the last year available: 2024
- Total consumption/GDP:*
- 54.4 (2005=100)
- CO2 Emissions:
- 11.3 tCO2/capita
- Rate of T&D power losses:
- 2.75%
* at purchasing power parity
View all macro and energy indicators in the Taiwan energy report
Taiwan Energy News
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Taiwan Energy Research
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Taiwan Total Energy Consumption
The country's total consumption per capita reached 4.6 toe in 2024, which is three times higher than the Asian average (1.6 toe). Electricity consumption per capita is also 3 times higher than the regional average, at 11 200 kWh (2024).
Total consumption stabilised in 2024 (109 Mtoe). It decreased by 4.5%/year between 2021 and 2023, after a 4.3% rise in 2021. Previously, it experienced a 2.2%/year decline from 2018 to 2020. It increased slightly from 2012 to 2018 (+0.8%/year on average).
The energy intensity to the GDP is decreasing very rapidly (-3.4%/year since 2010).
Interactive Chart Taiwan Total Energy Consumption
Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data
View the detailed fondamentals of the market at country level (graphs, tables, analysis) in the Taiwan energy report
Taiwan Crude Oil Production
Taiwan imports all its crude oil needs (45 Mt of crude in 2024). In 2023, over half of the crude oil was imported from the Middle East (31% from Saudi Arabia and 18% from Kuwait), while 27% was imported from the United States. Oil product imports stood at 10.4 Mt in 2024, while exports stood at 15.3 Mt.
The country's refining capacity (1.1 mb/d) is distributed over three refineries: CPC's Talin (450 kbl/d) and Taoyuan (200 kbl/d) refineries and Formosa Petrochemical Corp's Mailiao refinery (540 kbl/d).
Interactive Chart Taiwan Crude Oil Production
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Additionally, for more detailed information on refineries, you can request a sample of our Asia Refineries Dataset
Taiwan Renewable in % Electricity Production
The "Renewable Energy Development Act" (2009, amended in 2017) raised the renewable capacity target to 27 GW in 2025, corresponding to a 20% share of renewables in the capacity mix in 2025 (investments estimated at US$56.6bn). This objective includes 1.2 GW of onshore wind by 2020 (target missed as only 0.8 GW were installed), 20 GW of solar by 2025 (71% achieved end-2024), and 5.7 GW of offshore wind by 2025 (44% achieved). These new capacities are expected to be sufficient to replace nuclear power plants.
Interactive Chart Taiwan Share of Renewables in Electricity Production (incl hydro)
Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data
Learn more about renewables in the Mini grid Africa & Asia markets for village electrification
Taiwan CO2 Fuel Combustion/CO2 Emissions
Although not part of the UNFCCC, Taiwan has submitted its own NDC to decrease its net GHG emissions by 50% by 2030 compared to a BAU projection (LULUCF included); this corresponds to a level of emissions of 214 MtCO2eq, which is 20% lower than 2005 levels. In an updated version of its NDC (2023), the reduction target was raised to 25% compared to 2005. In January 2025, Taiwan's Ministry of Environment announced a new GHG emissions reduction goal targeting a reduction of up to 30% by 2030 compared to 2005 levels. Taiwan also pledged in the revised NDC to reach carbon neutrality by 2050.