Taiwan
With a power score of 2.18, Taiwan ranks number 12 among emerging markets and number 32 in the global power ranking.
- Emerging markets
- Asia-Pacific
2.18 / 5
Power score
Transport score
Overview
Taiwan has a power score of 2.18, which puts it at rank 32 in the global power ranking, and rank 12 in the emerging markets power ranking. In comparison to 2021, Taiwan has deteriorated in the power rankings by -13 places, from rank 19, to rank 32.
At 2.18, the power score of Taiwan is better than the regional average of 1.88 in the Asia-Pacific region.
Regional power score comparison
Power
Power policy
Taiwan implements policies in 5/6 power policy categories tracked by Climatescope, including Renewable energy target, Renewable energy auction, Feed-in Tariff, Net Metering, Import tax incentives, VAT incentives.
Power policies
Power prices and costs
The average electricity price in Taiwan has dropped from 101 USD/MWh in 2021 to 97.01 USD/MWh in 2022. Since 2017, the average electricity price in Taiwan has fluctuated between 92.68 USD/MWh (2017) and 101 USD/MWh (2021).
Power market
The top amount of capacity installed in Taiwan in 2022 was in Coal at 35.48%, down from 37.09% in 2021. The technology with the biggest increase in capacity installed in 2022 was Solar PV at 17.07%, up from 13.39 in 2021.
Installed capacity (in MW)
Electricity generation (in GWh)
The largest electricity generating technology in Taiwan in 2022 was Coal, generating some 42.52% of electricity, down from 44.8% in 2021. The technology with the biggest increase in eletricity generation in 2022 was Natural Gas at 39.23%, up from 37.64% in 2021.
Investment in clean energy in Taiwan was around $3085.89 million in 2022, a decrease of 1.46% from 2021 ($3131.68 million). Between 2017 and 2022, the highest investment in clean energy was in 2019 at $8349.84 million, while the lowest was in 2017 with $116.65 million.
Utility privatisation
Which segments of the power sector are open to private participation?
Type
Question
Availability
Wholesale power market
Does the country have a wholesale power market?
Doing business and barriers
Type
Question
Availability
Currency of PPAs
Are other PPAs (eg. corporate PPAs) signed in or indexed to U.S. Dollars or Euro?
Type
Question
Availability
Bilateral power contracts
Can a C&I (Commercial and Industrial) customer sign a long-term contract (PPA) for clean energy?
Type
Question
Availability
Fossil fuel price distortions - Subsidies
Does the government keep the wholesale price of electricity from fossil fuels artificially low through subsidies?
Type
Question
Availability
Fossil fuel price distortions - Taxes and carbon prices
Does the government significantly increase the wholesale price of electricity from fossil fuel through targeted taxes and/or carbon prices?
Transport
Transport policy
Taiwan implements policies in 6/9 transport policy categories tracked by Climatescope, including Clean transport target, National ICE phase-out, EV purchase grant/loan incentive, EV VAT reduction/exemption, EV import tax reduction/exemption, EV income tax reduction/exemption, EV recurring tax reduction/exemption, EV charging infrastructure target, E-bus target.
Transport policies
Type
Question
Availability
Fuel economy standards
Does the country have a fuel economy standard in place?
