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Promotional policy for renewable energy development in Taiwan

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  • Hwang, Jenn Jiang

Abstract

On June 12, 2009, Taiwan government approved a bill of "Statute for Renewable Energy Development", which aimed at promoting the use of renewable energy, boosting energy diversification, and helping reduce greenhouse gases. The new act caps the subsidies for renewable energy up to 10Â GW within 20 years. It authorizes the government to enhance incentives for the development of renewable energy via a variety of methods, including the acquisition mechanisms, incentives for demonstration projects, and the loosening of regulatory restrictions. According to the subsidies of the Statute, the share of power capacity of renewable energies will be triple of the nationwide power installation capacity by 2029. The purpose of this paper is to present an updated overview of promotional policy of renewable energy in Taiwan, in addition to evaluate the growth space of individual renewable energies in the post-Statute era by considering the technology development, domestic conditions, and indigenous industries related to renewable energy.

Suggested Citation

  • Hwang, Jenn Jiang, 2010. "Promotional policy for renewable energy development in Taiwan," Renewable and Sustainable Energy Reviews, Elsevier, vol. 14(3), pages 1079-1087, April.
    • Handle: RePEc:eee:rensus:v:14:y:2010:i:3:p:1079-1087
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    Cited by:

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    14. Radpour, S. & Gemechu, E. & Ahiduzzaman, Md & Kumar, A., 2021. "Developing a framework to assess the long-term adoption of renewable energy technologies in the electric power sector: The effects of carbon price and economic incentives," Renewable and Sustainable Energy Reviews, Elsevier, vol. 152(C).
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    16. Chou, Shuo-Yan & Nguyen, Thi Anh Tuyet & Yu, Tiffany Hui-Kuang & Phan, Nguyen Ky Phuc, 2015. "Financial assessment of government subsidy policy on photovoltaic systems for industrial users: A case study in Taiwan," Energy Policy, Elsevier, vol. 87(C), pages 505-516.
    17. Cheng-Chih Chou & Liang-Rui Chen & Kuo-Chen Wu, 2022. "A Study on Regulations Mandating Obligation on Renewable Energy in Taiwan," Energies, MDPI, vol. 15(23), pages 1-23, December.
    18. Lee, Shun-Chung & Shih, Li-Hsing, 2011. "Enhancing renewable and sustainable energy development based on an options-based policy evaluation framework: Case study of wind energy technology in Taiwan," Renewable and Sustainable Energy Reviews, Elsevier, vol. 15(5), pages 2185-2198, June.
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    20. Hwang, Jenn Jiang & Chang, Wei Ru, 2011. "Policy progress in mitigation of climate change in Taiwan," Energy Policy, Elsevier, vol. 39(3), pages 1113-1122, March.
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    24. Hwang, Jenn Jiang, 2010. "Sustainable transport strategy for promoting zero-emission electric scooters in Taiwan," Renewable and Sustainable Energy Reviews, Elsevier, vol. 14(5), pages 1390-1399, June.

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