Business Monitor International


Taiwan Renewables Report

Published 13 May 2014

  • 37 pages
  • Instant access to your report online and PDF format through your account library
  • Includes 3 free updated quarterly reports
 
$1,295.00
Taiwan Renewables Report

BMI View : The Taiwan renewables report looks at a range of forecasts, including the expected growth in solar, wind and biomass energy generation throughout our current forecast period through to 2023, as well as examining the key infrastructure investment projects and government targets for the sector. While nuclear and thermal energy will continue to dominate Taiwan's electricity market, we expect non-hydropower renewables to make slow but steady gains by 2023.

Biomass and waste generation is the most well-established of non-hydropower renewable energy in Taiwan, and total biomass and waste generation is expected to increase by 4.18% in 2014. This growth means generation is forecast to reach 4.05TWh - an improvement on previous forecasts based on revised growth expectations and more ambitious government targets. Following healthy growth of just under 4% per year throughout the forecast period, we expect that biomass and waste generation will reach 5.82TWh in 2023. Biomass and waste generation will therefore come to represent almost 70% of Taiwan's total non-hydropower renewables generation, though it will still only account for 1.63% of Taiwan's total electricity generation.

The solar energy sector is expected to show more robust growth in 2014, of an impressive 13.29%, followed by an average annual increase of around 7% during the remainder of the forecast period. Solar power is however starting from a much smaller base, and despite the high growth rates solar generation is expected to reach just 0.07TWh in 2023, constituting only 0.02% of Taiwan's total electricity generation. Prospects are more positive in terms of the manufacturing side of solar power as Taiwan is one of the largest producers of solar panels in the world, though its PV industry focuses on the mid- and down-stream of the value chain such as solar cell and silicon wafer and imports polysilicon materials, though the industry could suffer a set back if the US imposes the suggested new...

Table of Contents

BMI Industry View
7
SWOT
9
Industry Forecast
11
Taiwan Renewables Forecast Scenario
11
Table: Taiwan Total Electricity Generation, Historical Data And Forecasts, 2012-2017
11
Table: Taiwan Total Electricity Generation, Long-Term Forecasts, 2018-2023
12
Table: Taiwan Electricity Generating Capacity, Historical Data And Forecasts, 2012-2017
14
Table: Taiwan Electricity Generating Capacity, Long-Term Forecasts, 2018-2023
15
Table: Taiwan - Solar Feed-In Tariffs, 2013
19
Taiwan Renewables Projects Database
23
Table: Taiwan Key Projects
23
Industry Risk Reward Ratings
24
Taiwan Renewables Risk/Reward Ratings
24
Rewards
24
Risks
24
Market Overview
26
Sustainable Energy Policy And Infrastructure
26
Targets (Renewables And Emissions)
26
Subsidies
27
Table: Renewable Feed-In Tariffs In Taiwan, 2013
27
Infrastructure
28
Competitive Landscape
30
Taiwan Power Co
30
Motech Industries
30
Teco Electric & Machinery (Teco)
31
WPD Group (WPD)
31
Taiwan Generations Corp (TGC)
31
Green Energy Technology (GET)
31
Glossary
33
Table: Glossary Of Terms
33
Methodology
34
Methodology And Sources
34
Industry Forecast Methodology
34
Sources
36
Risk/Reward Ratings Methodology
36
Table: Renewables Risk/Reward Rating Indicators
38
Table: Weighting Indicators
40

The Taiwan Renewables Report researched at source contains Business Monitor International (BMI)'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.

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Testimonials

'An essential, multi-faceted research tool. BMI’s thorough understanding of the major market players enables an informed – and informative – review of the sector’s actual performance, together with useful insights into current industry issues, which are topped-off with detailed and invaluable forecasts of industry and macroeconomic trends.’

Senior Research Analyst, ABC International Bank plc