Taiwan’s renewable energy transformation is being led by strong policy drivers and corporate leadership. The Electricity Act that passed in 2017 specifically deregulated the retail sector for renewable energy traders. In 2019, Taiwan mandated a national target to achieve 27GW of renewable energy sources by 2025. The next wave of reforms followed when Taiwan announced the Major Electricity Consumer regulation in January 2021, which requires major energy users to install 10% of renewable energy power sources within five years. On Earth Day 2021, Taiwan’s president declared the country will pursue net zero emissions by 2050.
Taiwan's energy transition is accelerating
The surge in demand for renewable energy in Taiwan has been led by governmental policy drivers, waves of regulatory reforms and businesses. As the local design and manufacturing hub of many global companies, going green in Taiwan is critical for businesses to achieve net zero emissions. 38% of RE100 members depend on Taiwan to achieve 100% renewable electricity globally.
Enel X Partners with CDP
As a proud CDP Gold Accredited Renewable Energy Solutions Provider, we are a recognized leader in the sustainability sector.