Taiwan Key Figures
- Population:
- 23.6 million
- GDP growth rate:
- 2.45 %/year
- Energy independence:
- 9.51%
Data of the last year available: 2022
- Total consumption/GDP:*
- 61.6 (2005=100)
- CO2 Emissions:
- 11.6 tCO2/capita
- Rate of T&D power losses:
- 3.52%
* at purchasing power parity
View all macro and energy indicators in the Taiwan energy report
Taiwan Related News
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Taiwan Related Research
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Total Energy Consumption
The country's total consumption per capita reached 4.5 toe in 2022, which is three times higher than the Asian average (1.5 toe). Electricity consumption per capita is also 3 times higher than the regional average, at 11,200 kWh (2022).
Total consumption decreased by 3.6% in 2022 to 107 Mtoe, after a 3.7% 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%/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
Crude Oil Production
Taiwan imports all its crude oil needs (43 Mt of crude in 2022). Over half of the crude oil is imported from the Middle East (34% from Saudi Arabia, 21% from Kuwait and 8% from the UAE), while 20% is imported from the United States (2022). Oil product imports stood at 11.9 Mt in 2022, while exports stood at 15.7 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
Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data
Additionally, for more detailed information on refineries, you can request a sample of our Asia Refineries Dataset
Renewable in % Electricity Production
The e "Renewable Energy Development Act" (2009) was amended in 2017 and 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 725 MW were installed), 20 GW of solar by 2025 (48% achieved end of 2022), and 5.7 GW of offshore wind by 2025 (only 4% achieved at end-2021). 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
CO2 Fuel Combustion/CO2 Emissions
Although not part of the UNFCCC, Taiwan has submitted its own NDC to decrease its GHG emissions by 50% by 2030 compared to a BAU projection; this corresponds to a level of emissions of 214 MtCO2eq, which is 20% lower than 2005 levels. Taiwan released an updated version of its NDC in January 2023, in which the GHG emissions reduction target is raised so as to reach emissions in 203025% lower than in 2005. Taiwan also pledged in the revised NDC to reach carbon neutrality by 2050.