Robust infrastructure and a clear regulatory framework are the key elements in the nation’s efforts to develop offshore wind farms, foreign industry representatives said at a forum in Taipei on Wednesday.
Taiwan is moving fast to introduce offshore wind farms, said Martin Skiba, chairman of World Forum Offshore Wind (WFO), the first organization dedicated to fostering the global growth of offshore wind energy and the forum’s organizer.
As the sector is just emerging, there are challenges that need to be addressed, Skiba said.
Typical challenges are the inability to develop robust infrastructure, including reinforcement of onshore grid networks and harbor facilities to better install transmission lines, he said.
The biggest concern about investing in Taiwan is the need for a clear and detailed industry road map, Germany-based Innogy director of offshore investment and asset management Richard Sandford said.
While recognizing that Taiwan has set a goal of generating 5.5 gigawatts of offshore wind energy by 2025, Sandford said the related regulatory framework is not in place.
“You’ve got the target, which is great,” he said, adding that there are no details as yet about bidding on tariffs, for instance, including how often auctions would be held and how much generating capacity is to be auctioned.
“We don’t yet know the details of the rules,” he said. “Having clarity over the regulatory work would be very useful.”
WFO members have set a target of generating more than 500 gigawatts of installed capacity by 2050 worldwide, based on them adding a record total of 5 gigawatts last year.
Skiba said he is not sure what proportion Taiwan would contribute by then, but added that Asia is likely to produce between 300 and 350 gigawatts, making it the biggest market in the sector.
There are no Taiwanese companies directly involved in the WFO yet, but interested local companies in the offshore wind farm supply chain are welcome to join the group, he said.
The first global hotel Keys Selection by the Michelin Guide includes four hotels in Taiwan, Michelin announced yesterday. All four received the “Michelin One Key,” indicating guests are to experience a “very special stay” at any of the locations as the establishments are “a true gem with personality. Service always goes the extra mile, and the hotel provides much more than others in its price range.” Of the four hotels, three are located in Taipei and one in Taichung. In Taipei, the One Key accolades were awarded to the Capella Taipei, Kimpton Da An Taipei and Mandarin Oriental Taipei. Capella Taipei was described by
The Taichung District Court yesterday confirmed its final ruling that the marriage between teenage heir Lai (賴) and a man surnamed Hsia (夏) was legally invalid, preventing Hsia from inheriting Lai’s NT$500 million (US$16.37 million) estate. The court confirmed that Hsia chose not to appeal the civil judgement after the court handed down its ruling in June, making the decision final. In the June ruling, the court said that Lai, 18, and Hsia, 26, showed “no mutual admiration before the marriage” and that their interactions were “distant and unfamiliar.” The judge concluded that the couple lacked the “true intention of
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INDUSTRY: Beijing’s latest export measures go beyond targeting the US and would likely affect any country that uses Chinese rare earths or related tech, an academic said Taiwanese industries could face significant disruption from China’s newly tightened export controls on rare earth elements, as much of Taiwan’s supply indirectly depends on Chinese materials processed in Japan, a local expert said yesterday. Kristy Hsu (徐遵慈), director of the Taiwan ASEAN Studies Center at the Chung-Hua Institution for Economic Research, said that China’s latest export measures go far beyond targeting the US and would likely affect any country that uses Chinese rare earths or related technologies. With Japan and Southeast Asian countries among those expected to be hit, Taiwan could feel the impact through its reliance on Japanese-made semi-finished products and
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