Taiwan Renewables Report

Providing expert analysis, independent forecasts and competitive intelligence on the Renewables industry.

Report includes: BMI Industry View, Industry SWOT Analysis, BMI Industry Forecast, BM's Renewables Risk Reward Index, Market Overview, Business Environment Rankings and Competitive Landscape.

Why you should buy this report

  • Benchmark BMI's independent renewables industry forecasts to test other views
  • Understand the threats to your operations and investments and protect your company against future risks
  • Gain insight on emerging trends that could support, strengthen or disrupt your activities in the market
  • Get a full view of the competitive landscape to assess your market position.
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Taiwan Renewables Report
Product Price
$1,295.00

BMI View: Taiwan ' s commitment to phase out nuclear energy bodes well for non-hydro renewables sector, which is set to become an attractive alternative , helping to plug power supply gaps, mitigate the rise in expensive fossil fuels imports , as well as ensure greater energy security. Frequent changes to renewables policy and low liberalisation levels in the power industry have dampened investor interest in Taiwan ' s non-hydro renewables sector over the recent years. These issues will remain key to realising the sector's full potential in the next decade.

Renewables Headline Forecasts (Taiwan 2015-2021)
2015 2016f 2017f 2018f 2019f 2020f 2021f
f = BMI forecast. Source: EIA, BMI
Generation, Non-Hydropower Renewables, TWh 6.970 7.380 7.750 8.160 8.550 9.040 9.470
Generation, Non-Hydropower Renewables, % y-o-y 19.610 5.800 4.990 5.380 4.720 5.780 4.760
Capacity, Non-Hydroelectric Renewables, MW 2,303.0 2,508.8 2,765.6 3,055.9 3,302.1 3,590.9 3,857.5
Capacity, Non-Hydroelectric Renewables, % y-o-y 9.0 8.9 10.2 10.5 8.1 8.8 7.4

Latest Updates And Structural Trends

  • We forecast total non-hydro renewables capacity growth to average 7.9% per annum over the next decade, expanding from an estimated 2,303MW in 2015 to 4,896MW in 2025. In terms of generation, growth will average 4.6% per annum over the same period, reaching 10.9TWh in 2025.

  • By 2025, solar power will experience strongest growth rates both in terms of generation and capacity. Nonetheless, biomass will remain the biggest non-hydro renewables generator, although the sector's expansion will be limited over the coming decade.

  • Government support for solar power will strengthen over the coming years, as Taiwan undertakes a nuclear power phase-down and tries to curb the need to plug power supply gaps with thermal power reliant on imported feedstock. The country's track-record of frequent changes to renewables policy informs our relatively conservative solar power forecast amid increasing government targets for the sector.

  • Swiss private equity firm Partners Group has agreed to invest more than USD200mn in photovoltaic projects in Taiwan as the controlling shareholder in a Taiwanese solar power development platform. The platform has signed an agreement with local firm Sinogreenergy to build up to 550MW of solar power plants across the country in the next three years. The plants will be supported by a 20-year power-purchase agreement with a state-owned utility.

BMI Industry View
7
Table: Renewables Headline Forecasts (Taiwan 2015-2021)
7
SWOT
8
Industry Forecast
10
Taiwan Renewables Forecast Scenario
10
Latest Updates
10
Structural Trends
10
Table: Total Electricity Generation Data And Forecasts (Taiwan 2014-2019)
17
Table: Total Electricity Generation Data And Forecasts (Taiwan 2020-2025)
18
Table: Electricity Generating Capacity Data And Forecasts (Taiwan 2014-2019)
19
Table: Electricity Generating Capacity Data And Forecasts (Taiwan 2020-2025)
20
Taiwan Renewables Projects Database
21
Table: Taiwan - Top Five Renewables Projects By Capacity (MW)
21
Industry Risk Reward Index
22
Taiwan Renewables Risk/Reward Index
22
Rewards
22
Risks
22
Market Overview
24
Sustainable Energy Policy And Infrastructure
24
Targets
24
Subsidies
25
Table: Renewable Feed-In Tariffs In Taiwan, 2013
25
Infrastructure
26
Competitive Landscape
28
Taiwan Power Co
29
Motech Industries
29
Teco Electric & Machinery (Teco)
30
WPD Group (WPD)
31
Taiwan Generations Corp (TGC)
31
Green Energy Technology (GET)
31
Glossary
32
Table: Glossary Of Terms
32
Methodology
33
Methodology And Sources
33
Industry Forecast Methodology
33
Sources
35
Risk/Reward Index Methodology
35
Table: Renewables Risk/Reward Index Indicators
37
Table: Weighting Indicators
38

The Taiwan Renewables Report researched at source contains BMI Research's assessment of the current renewables market in Taiwan. The report also contains historical data together with forecasts to end-2018 covering electricity generation (TWh) and electricity capacity (MW).

The renewables sectors covered in the report include Wind, Solar, Geothermal, Tidal and Wave, and Biomass (See Table of Contents for exact coverage). The report also features details on government green energy agendas and funding opportunities, as well as presenting a detailed list of key renewables projects currently being planned or undertaken in Taiwan, their capacity, the timeframe of construction and their current status.

The report discusses the various energy policies currently in force, including targets, subsidies and the relevant infrastructure developments or limitations which might impact on renewables growth, analysing the potential effects of regulatory changes in conjunction with the background macroeconomic outlook. Finally, there is a general overview of the competitive landscape in Taiwan, together with a detailed summary of the main utilities and manufacturers present and their business operations.

BMI's Taiwan Renewables Report provides industry professionals and strategists, sector analysts, investors, trade associations and regulatory bodies with unique independent forecasts and competitive intelligence on the Taiwan renewables industry.

Key Benefits

  • Benchmark BMI's independent renewables industry forecasts for Taiwan to test other views - a key input for successful budgeting and planning in the renewables market.
  • Target business opportunities and risks in the Taiwan renewables sector through our reviews of latest industry trends, regulatory changes and major deals, projects and investments in the country.

Coverage

BMI Industry View

Summary of BMI's key industry forecasts, views and trend analysis covering the renewables market in Taiwan, regulatory changes, major investments and projects and significant multinational and national company developments.

Industry SWOT Analysis

Analysis of the major Strengths, Weaknesses, Opportunities and Threats within the renewables sector and within the broader political, economic and business environment.

BMI Industry Forecasts

Historic data series (2010-2012) and forecasts to end-2018 for electricity generation (TWh) and electricity generating capacity (MW) for each individual renewables sector present in the country.

These in turn are broken down into:

Electricity Generation: Overall capacity (TWh), growth % change year-on-year, KWh per capita, % of Total Non-Hydropower renewables generation, % of total electricity generation.

Electricity Capacity: Overall capacity (MW), growth % change year-on-year, % of non-hydroelectric renewables capacity and % of total capacity.

These forecasts are in turn supported by explicit assumptions, in conjunction with analysis of the key risks to the main forecast.

Business Environment Rankings

BMI's Renewables Business Environment Rankings provide fully comparable Risk-Reward Rankings aimed at investors in the regional renewables market.

The rankings methodology makes sophisticated use of various industry, economic and demographic data point.