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Taiwan targets up to 27.9 GW of offshore wind capacity by 2039

Taiwan has unveiled its 2026-2039 Offshore Wind Power Promotion Plan, targeting 24.7-27.9 GW of installed offshore wind capacity by 2039, up from around 4.9 GW currently installed (Taiwanese government press release, 23/07/2026).

The roadmap envisages the addition of 15-18 GW of new offshore wind capacity over the period, with the government planning to hold auctions every four years and allocate around 8 GW of capacity in each round. Installed offshore wind capacity is expected to reach 18.3-19.9 GW by 2035, compared with the previous target of 10.9 GW by 2030.

According to the Ministry of Economic Affairs, the strategy is intended to support rising electricity demand, which is projected to grow by around 2.5% per year between 2026 and 2035. The government also plans to launch floating offshore wind development in 2026.

The plan is built around four pillars: clearer policy direction, support for domestic supply chains, green financing mechanisms and streamlined permitting procedures

This strategy is aligned with Taiwan’s 2030 targets of reducing GHG emissions by up to 30% (compared to 2005 levels) as well as reaching a share of 30% of renewables in its power mix (Enerdata’s Global Energy Research).