Central & SE Asia / Australasia

Taiwan flag
Summary | Profile

Country profile: Taiwan

Location: Eastern Asia, islands bordering the East China Sea, Philippine Sea, South China Sea, and Taiwan Strait, north of the Philippines, off the southeastern coast of China
Climate: tropical; marine; rainy season during southwest monsoon (June to August); cloudiness is persistent and extensive all year
Terrain: eastern two-thirds mostly rugged mountains; flat to gently rolling plains in west
Size: 35980 sq. km total (Land area: 32260 sq. km  Water area: 3720 sq.km)
Population: 22,858,872 (July 2007 est.)
Languages: Mandarin Chinese (official), Taiwanese (Min), Hakka dialects
Government: multiparty democracy
Capital city: Taipei
Legal system: based on civil law system; has not accepted compulsory ICJ jurisdiction
Currency: new Taiwan dollar (TWD)

Country profile

Taiwan does not have substantial domestic energy resources and must import the vast majority of its needs. Taiwan has encouraged investment in domestic oil and natural gas projects in light of a need to obtain a secure supply, including partnerships with mainland Chinese companies and overseas ventures. However, these efforts are unlikely to yield sufficient energy resources to reverse the island’s energy import dependence. 

Nearly half of total energy consumption in Taiwan is from oil (45 percent), followed by coal (36 percent), although Taiwan no longer has any domestic coal production. Since the introduction of LNG imports in the 1990s, natural gas has played an increasingly important role in the island’s energy mix, accounting for 9 percent of total energy consumption in 2005.

Energy production and consumption

Oil Gas
Production: 7,755  1 bcm
Consumption: 965,000  11 bcm
Exports: NaN  NaN 
Imports: NaN  10 bcm
Reserves: 3 mm 76 bcm
Major fields:

Taiwan - recent news

30 Apr 24
Taiwan: UTEC strengthens presence in Taiwan’s offshore renewables market
UTEC, a brand in marine energy and infrastructure services company Acteon, has been awarded an offshore survey and positioning contract for the Taiwan Power Company (TPC) Phase 2 wind farm project offshore Taiwan. The contract further reinforces UTEC’s foothold in Taiwan building on its initial entry in 2019.
25 Apr 24
Taiwan: Ørsted inaugurates the Asia-Pacific region’s largest offshore wind farms
Ørsted has announced the inauguration of the Greater Changhua 1 and 2a offshore wind farms in Taiwan. With a total installed capacity of 900 MW, the two offshore wind farms are in operation and fully connected to the grid, making them the largest of their kind in Taiwan and in the Asia-Pacific region.
19 Feb 24
Taiwan: Jumbo Offshore awarded scope expansion contract for the Yunlin Offshore Wind Farm
Jumbo Offshore has recently been awarded a contract by Yunneng Wind Power Co (YWPC) for the removal of monopiles at the Yunlin Offshore Wind Farm. The contract award represents an expansion of the company’s existing scope, which has involved transport and installation of the project’s transition pieces
07 Feb 24
Seaway7 and Dong Fang Offshore collaborate on offshore wind in Taiwan
Seaway7 and Dong Fang Offshore have signed a Memorandum of Understanding outlining their intention to collaborate in an exclusive manner and further strengthen their offering to the offshore wind market in Taiwan. The collaboration will focus on developing a robust localised cable installation offering for the Taiwanese offshore wind projects to clients.
22 Dec 23
Taiwan: OEG Renewables companies to deliver turnkey marine coordination solution to the >1 GW Hai Long Offshore Wind Project in Taiwan
OEG Energy Group, a leading offshore solutions business, has announced that Specialist Marine Consultants and Fern Communications, both OEG Renewables businesses, have been contracted to deliver a turnkey marine coordination solution to the Hai Long Offshore Wind project in Taiwan.

Taiwan - more news

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