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With a cumulative score of 2.13, Taiwan ranks number 4 among emerging markets and number 25 in the global ranking.

  • Emerging markets
  • Asia-Pacific

2.40 / 5

Power score

1.48 / 5

Transport score


Buildings score

Only 56 markets (28 emerging markets) are scored on the Buildings sector. See the full list on the methodology page.


Low-carbon strategy

Net-zero goal and strategy

The island has not set a net-zero goal yet.

Nationally Determined Contributions (NDC)

Even though not among the Parties to the UNFCCC, Taiwan passed its Greenhouse Gases Reduction and Management Law on July 1, 2015, and set the region's 2050 emissions reduction goal to 50% of the 2005 emissions level.

Fossil fuel phase-out policy

There is no fossil fuel phase-out policy in Taiwan.


Power policy

The current administration, which came to power in 2016, has an aggressive energy-transition plan to phase out nuclear by 2025 while adding 25 gigawatts of renewables. The share of renewables in power generation is targeted to reach 20% by 2025, and that of natural gas 50%, while the share assigned to coal by then is expwected to be 30%.

Power policies

Renewable energy auction
Feed-in Tariff
Import tax incentives
Net Metering
Renewable energy target
VAT incentives

Power prices and costs

Taiwan's electronics manufacturing and technology service industries have in recent years initiated strong demand for clean energy. Taiwan Semiconductor Manufacturing Co. (TSMC) signed the island's first offshore wind corporate PPA in July 2020. Before then, Google signed the island’s first corporate PPA with a 10MW solar project in January 2019. In May 2020, eight power consumers and retailers purchased 110GWh of clean energy from five solar farms.


Power market

Utility-scale PV on public land and developer-owned rooftop projects are sometimes determined through auctions organized by local governments. Other projects can receive feed-in tariffs. In the wind sector, 1.7GW of offshore wind projects were awarded through a tender in June 2018. And the government announced in 2021 a new plan to add 15GW of new offshore wind capacity in 2026-35 via auctions.

Installed Capacity (in MW)

20122014201620182020010K20K30K40K50K MW

Electricity Generation (in GWh)

20122014201620182020050K100K150K200K250K GWh

Utility privatisation

Which segments of the power sector are open to private participation?


Wholesale power market

Does the country have a wholesale power market?

Not available

Doing business and barriers

Land is by far the biggest barrier for renewable project development. Local citizens may oppose projects citing land rights, environmental protection and other reasons, delaying if not preventing project construction. Government subsidizes all consumers' power prices, mainly by setting low power prices, controlling their increases and letting Taipower bear the additional cost of power supply.

Currency of PPAs

Are PPAs signed in or indexed to U.S. Dollars or Euro?

Not available

Bilateral power contracts

Can a C&I (Commercial and Industrial) customer sign a long-term contract (PPA) for clean energy?

Not available

Bilateral power contracts

Can a C&I (Commercial and Industrial) customer sign a long-term contract (PPA) for clean energy?

Not available

Bilateral power contracts

Can a C&I (Commercial and Industrial) customer sign a long-term contract (PPA) for clean energy?

Not available

Fossil fuel subsidies

Does the government influence the wholesale price of fossil fuel (used by thermal power plants) down through subsidies?

Not available

Fossil fuel taxes

Does the government influence the wholesale price of fossil fuel (used by thermal power plants) up through taxes?

Not available


EV market

Taiwan legislated the target in 2017 to electrify all buses for government and public transit by 2030, ban new ICE two-wheelers from 2035, and ban new ICE cars from 2040.

EV policy

To achieve that, the government provides upfront purchase grants and offers tax rebates for two-wheeler EVs. The grant level is adjusted annually, with the 2021 rates up to TWD17,000 (including tax rebate). EVs are exempted from annual vehicle license tax, currently until the end of 2021. At least three cities (Taipei, Taichung and Tainan) offer grants for new chargers installed in public or residential buildings.

Transport policies

Electric vehicle target
Electric vehicle purchase grant or loan incentive
VAT incentives for EV
Import tax incentives for EV
EV charging infrastructure target
EV charging infrastructure support

Fuel economy standards

Does the country have a fuel economy standard in place?

Not available


Buildings market

Taiwan launched a four-year energy efficiency program in 2017-20 to save 4.47TWh of electricity and lower power demand by 8.382TWh. The central government has mainly focused on government and school-building energy efficiency, energy saving diagnostics, power and public facility efficiency improvements, and expanding building retrofits. While county-level governments support residential and commercial-building energy-efficiency improvements, mainly with an emphasis on lighting and AC upgrades as well as introducing energy management systems in the service sector. Taiwan offers grants to energy-efficiency service providers on a project-by-project basis, with the current grant level at 4 TWD/kWh of electricity saved under a total cap of TWD10 million per project. Similar grants are available for upgrading lighting, AC and energy management systems. Private banks, such as First Bank, offer special loans for energy efficiency improvements.

Energy performance standards

Are there minimum energy performance standards for buildings?

Not available

Energy efficiency plan

Does the country have a national energy efficiency plan?

Not available

Buildings policy

The government has yet to implement any substantive policy support in this sector and the low-carbon heat market remains at an early stage.

Buildings policies

Low-carbon heat target/roadmap
Tax credits
Boiler scrappage schemes
Heat pumps purchase grants/loans incentive
Ban on boilers: new build homes
Ban on boilers: all homes

Additional insights
from BNEF

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