Taiwan
100% Renewable Energy Adoption is Possible For Taiwan’s ICT Companies
In June, Greenpeace, in collaboration with the Research Centre for Sustainable Hong Kong, released a cost-benefit analysis supporting the assertion that an accelerated transition to 100% renewable energy would bring economic and environmental advantages to 13 major electronics manufacturers in East Asia. The insights are particularly relevant for Taiwanese companies, key players in the high-tech electronics sector in Asia, whose renewable energy efforts have trailed their rivals.
Taiwan’s LNG Development Overpowers Its Renewables Ambitions
The Taiwanese government has earmarked some USD 32 billion for renewables, hydrogen and carbon capture and storage (CCS) investments to move the country’s energy development in the right direction. However, it also continues a major liquefied natural gas (LNG) build-out as part of its long-term energy mix strategy, putting the country in an energy supply and climate mitigation quandary.
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