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: Despite ambitious targets, expansion in Taiwan's non-hydro renewables sector will remain below- potential primarily due to the country's unstable regulatory environment and low liberalisation levels in the power sector. Considering the Taiwanese government's focus on offshore wind power and the significant solar panel manufacturing base in the country , we do expect growth to pick up marginally across these segments over out 10-year forecast period. That said, non-hydro renewables con tribution to Taiwan's total power generation mix will remain below 4%.

Renewables Headline Forecasts (Taiwan 2015-2021)
2015e 2016f 2017f 2018f 2019f 2020f 2021f
e/f = BMI estimate/forecast. Source: EIA, BMI
Generation, Non-Hydropower Renewables, TWh 6.776 7.335 7.856 8.389 8.898 9.529 10.110
Generation, Non-Hydropower Renewables, % y-o-y 15.009 8.260 7.097 6.782 6.072 7.089 6.105
Capacity, Non-Hydroelectric Renewables, MW 2,278.3 2,580.5 2,809.9 3,029.8 3,257.5 3,528.6 3,783.6
Capacity, Non-Hydroelectric Renewables, % y-o-y 11.5 13.3 8.9 7.8 7.5 8.3 7.2

Latest Updates A nd Structural Trends

  • This quarter we have maintained our forecasts for Taiwan's non-hydro renewables sector and expect the country's capacity to reach almost 4.8GW by 2025, with the annual growth rate averaging 7.7% between 2016 and 2025. However, non-hydro renewables contribution to the total electricity generation will remain very limited, rising from just 2.7% in 2015 to 3.7% in 2025.

  • In April 2016, Google informed it will provide seed funding for renewable energy certification programs across Asia helping businesses to source electricity from clean energy sources. The initiative will start in Taiwan, by launching certificates for renewable power. The company did not disclose the amount of funding to be provided.

  • In February 2016, Taiwan's Pingtung County launched the first floating solar system in the country, which was constructed by Taipei-based LCY Group and local company Sun Rise E&T Corp. According to the Pintung county government, the new facility can produce 273kWh daily.

  • In early 2016, the state-run power monopoly Taipower announced it will undergo a corporate restructuring, establishing four business units: a power generation division, nuclear power division, a transmission system division and a distribution and service division. This will be the first company's restructuring in 70 years.

BMI Industry View
7
Table: Renewables Headline Forecasts (Taiwan 2014-2024)
7
SWOT
9
Industry Forecast
11
Taiwan Renewables Forecast Scenario
11
Latest Updates
11
Structural Trends
11
Table: Total Electricity Generation Data And Forecasts (Taiwan 2013-2018)
18
Table: Total Electricity Generation Data And Forecasts (Taiwan 2019-2024)
18
Table: Electricity Generating Capacity Data And Forecasts (Taiwan 2013-2018)
19
Table: Electricity Generating Capacity Data And Forecasts (Taiwan 2019-2024)
20
Taiwan Renewables Projects Database
21
Table: Taiwan - Top 5 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)
30
Taiwan Generations Corp (TGC)
30
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.