Asian economic review Volume 79 Issue 1-2
Taiwan is not a party to the Paris Agreement, but the impact of climate change on Taiwan is enough to be one. The Government of Taiwan has set a target of adjusting the power mix to 50% natural gas-fired, 30% coal-fired and 20% renewable energy by 2025, increasing the proportion of relatively low carbon emissions and renewable energy, and aiming to reduce GHG emissions as a climate change policy. One of the key aspects of Taiwan’s energy policy is to phase-out nuclear power generation by 2025, and to increase the share of renewable energy in the power supply configuration and reduce the use of coal-fired power. The phase-out of nuclear power plants was initially faster than the expansion of renewable energy, reducing CO2 emissions from electricity production as needed to a small amount. Nevertheless, since 2016, Taiwan has been evaluating the “energy transition” derived from Germany and is trying to decentralize its power supply using conventional large-scale, inflexible power generation systems.
With regard to coal-fired power plants, Taiwan will accelerate the improvement of air pollution facilities at existing coal-fired power plants and implement utilization management measures in order to match air quality. Gas-fired and green energy power supplies will be the mainstays of power supply, which is the power stabilization target, in order to maintain 15% of the supply reserve rate. The government needs to plan supply-side measures and implement various tasks to save energy and reduce carbon emission in order to reduce electricity demand. To build clean energy systems and healthy living conditions, to promote the development of new green energy industries, to promote green employment, realize the spirit of energy empowerment, promote energy democracy and justice. Going forward, the focus will be on overall system integration, where all power supplies can ensure a sufficient level of revenue. In this study, we will consider Taiwan’s climate change and energy policy since the Paris Agreement, and summarize the current situation and issues.