President Tsai: Taiwan’s offshore wind turbines lead the Asia-Pacific, emphasizing that more than 300 will be installed this year

WoXu Energy held a completion and paralleling ceremony for the first phase of offshore wind farms in the southeast and southwest of Greater Changhua yesterday (25th). President Tsai attended and delivered a speech, saying that since 2016, 297 offshore wind turbines have been installed, with a cumulative installation capacity of 2.37 GW (1 billion watts), the number of wind turbines will exceed 300 this year, not only leading the Asia-Pacific, but also ranking among the best in the world.

President Tsai said that it took us eight years to turn the four words “energy transition” in the policy white paper into the actual scene before us. Taiwan now has the largest wind farm in Asia and its own offshore wind power supply chain. The green power generated by the wind farm will lay the foundation for the competitiveness of Taiwan’s industry and society in the net-zero era.

Minister of Economic Affairs Wang Meihua also attended the ceremony yesterday. She spoke with emotion during her speech. Taiwan’s offshore wind power industry has grown from scratch, and the Ministry of Economic Affairs has suffered a lot. Foreign businessmen once threatened to leave Taiwan, but now it has been proven that Taiwan is the fastest growing, more transparent, and fairer market in Asia.

Wang Meihua mentioned that the current development of offshore wind power in Taiwan is also faced with construction costs caused by high inflation and interest rates, which will also push up the price of green power for enterprises. The corporate CPPA credit guarantee mechanism must be improved to create an environment that makes it easier to purchase electricity; in addition, it must also promote The National Bank’s support for the development of offshore wind power requires inter-ministerial cooperation and the president’s assistance to make offshore wind power develop more smoothly and steadily.

Wang Meihua said that the Ministry of Economic Affairs has suffered a lot in the past few years when the offshore wind power industry has grown from scratch. Because it is a brand-new industry, relevant regulations, inter-ministerial coordination, central and local coordination, and the establishment of cooperation with developers The process has been very hard all the way, and the Ministry of Economic Affairs has solved and overcome various difficulties one by one.

Wang Meihua pointed out that Taiwan’s manufacturing industry accounts for 32% of GDP and is part of the international supply chain. The demand for green power is increasingly urgent. Taiwan needs green power to support industrial development. Foreign businessmen who come to Taiwan will also complain to Wang Meihua about institutional problems. The European Chamber of Commerce also often meets with her. Some foreign businessmen told her that other Asian countries actually also need offshore wind power. If Taiwan’s system does not change, they will leave Taiwan. Now it has been proved that Taiwan is Taiwan is the fastest growing wind power market in Asia. Taiwan is not only an open market, but also a fairer and more transparent market. “Reporting to the president, we are serious about doing this today.”

Wang Meihua said that there are already 297 wind turbines and five wind farms in the Taiwan Strait, and the future growth will be very rapid.

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