Taiwan could import green power from Japan or Philippines

Comments from minister come as Taiwan stumbles in developing its offshore wind sector, with sky-high power prices putting off potential buyers

The skyline in Taiwan's capital, Taipei.
The skyline in Taiwan's capital, Taipei.Photo: Wikimedia Commons

Inspired by a planned power link between Australia and Singapore, Taiwan is now eyeing importing renewable energy from Japan or the Philippines, with a minister claiming this would be cheaper than homegrown green power.

Despite the challenges in importing power to Taiwan, its Minister of Economics Affairs JW Kuo told reporters today he believes this would still be cheaper than renewable energy generated on the island.

Power could be imported back through a submarine cable, he said, citing a plan to build a 4,300km subsea interconnector that would see renewable energy generated in the Australian outback piped to Singapore.

The distance between those countries is far longer than the roughly 300km between Taiwan and the Philippines’ northern island of Luzon, he said.

His comments come as Taiwan is currently struggling with the development of its offshore wind sector.

Stringent local content requirements have added to costs and local manufacturers are baulking at power prices reportedly as high as $190/MWh that developers say they need to make projects viable.
International and local banks alike are staying away from the market, and global developers and suppliers that once piled into Taiwan are now looking for exit strategies.

Countries and developers are meanwhile becoming increasingly ambitious in their plans for building subsea power links as a means of generating cheap green energy in one region and importing it to another.

North Sea nations in Europe are busy building a network of interconnectors to more effectively utilise offshore wind power and other renewable energy sources between them. A plan to pipe Saharan wind and solar power 4,000km from Morocco to the UK has meanwhile attracted backing from serious players including TotalEnergies.

Building a subsea interconnector to Taiwan would bring with it security concerns given its potential vulnerability to attack in the context of tensions with nearby China.

National broadcaster Radio Taiwan International quotes Kuo as also raising the prospect of importing power back through shipping, in an apparent reference to green hydrogen.
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Published 15 October 2024, 10:10Updated 15 October 2024, 10:10
TaiwanAsia-PacificJapanPhilippines