Taiwan energy report
Latest update: November 2010
Table of Contents
LIST OF GRAPHS & TABLES 2
INSTITUTIONS AND ENERGY POLICY 3
ENERGY COMPANIES 4
ENERGY SUPPLY 5
ENERGY PRICES 6
CONSUMPTION 7
ISSUES AND PROSPECTS 7
GRAPHS & DATA TABLES 10
ABBREVIATIONS 13
GLOSSARY 14
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LIST OF GRAPHS & TABLES
List of Graphs
Graph 1: Installed Electric Capacity by Source (2009, %)
Graph 2: Power Generation by Source (2009, %)
Graph 3: Consumption trends by Energy Source (Mtoe)
Graph 4: Total Consumption Market Share by Energy Source (2009, %)
Graph 5: Final Consumption Market Share by Sector (2009, %)
Graph 6: Primary Consumption since 1970
List of Tables
Table 1: Economic indicators
Population, GDP growth
Imports & exports
Inflation rate, exchange rate
Table 2: Supply indicators
Oil & Gas proven reserves
Electric & refining capacity detailed by source
Production by energy source
Power production by source
External trade by energy source
Table 3: Demand indicators
Consumption / inhabitant
Consumption trends
Total consumption by energy source
Final consumption by energy source and by sector
Electricity consumption by sector
Energy security indicators
Energy efficiency indicators
CO2 emissions
Table 4: Energy Balance
Total energy balance
Detailed energy balance by energy source
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INSTITUTIONS AND Since 1995 the MOEA has encouraged the
establishment of independent producers
ENERGY POLICY (IPPs) in the country through 4 successive
phases that took place in January 1995,
The Energy Bureau of the Ministry of
August 1995, January 1999 and June
Economic Affairs (MOEA) is in charge of
2006. The MOEA‟s new energy policy
the energy sector.
programme should authorise the
construction of an additional IPP capacity
The energy policy is, above all, centred on
of 1980 MW between 2011 and 2013.
the diversification of the energy supply
through nuclear, coal and LNG imports,
Oil
through the development of renewable
A law on the oil sector («Petroleum Law
energies (wind) and through the
Management») was promulgated in
diversification of the supply of oil
October 2001, and the oil market was fully
products.
opened in 2002. A 5.23% tax on the
imports of crude oil and oil products was
Taiwan‟s energy policy focuses on
introduced in January 2002. That tax is
sustainable development. Its core
the result of the oil law of 2001. The
principle is to balance energy security,
annual revenue, which is estimated to
environmental protection, and the
equal almost US$300m, is used to supply
competitiveness of industry.
the National Petroleum Fund: 2/3 of the
revenues will be used to finance strategic
Electricity
storage facilities and 1/3 to finance
A new electricity law came into effect in
research into alternative energy sources.
1993. It opened up electricity production
to the private sector on the condition that
Efficiency
no more than 30% of a company's shares
Due to Taiwan's heavy dependence on
were held by foreign interests and that the
imports, special attention is being paid to
reserve capacity was lowered to 20% of
energy demand management measures.
the demand. That law was revised in
The strategy followed in this area is
December 1999 to allow the entry of
determined by the measures taken in the
private companies into the electricity
80s, which have been modified since then.
distribution and transport sectors, which
until then had been a monopoly of the
The objective of the programme is to
national company. Independent producers
reduce the energy intensity by 20% by
will be able to sell electricity directly to
2015 (compared to the level of 2005), i.e.
consumers. There are plans to create a
by 2%/year.
manager for the grid system. Under the
Elsewhere, the Government has put in
revised version of the regulation private
place incentives to encourage electricity
projects should be allowed even when the
and gas-powered cars.
reserve capacity exceeds 20% of the
demand.
Renewables
The country promotes renewable energies
Since January 2002, foreign companies
through a new Act, the “Renewable
have been entitled to hold up to 100% of
Energy Development Act”. The
the capital of «utilities», which is the case
Government‟s objective is to reduce the
of the electricity (or gas) companies,
country‟s energy