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)
Licensing:

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

19 May 25
Taiwan: Lamprell signs MOU with Dong Fang Offshore
Lamprell has signed a Memorandum of Understanding (MOU) with Dong Fang Offshore (DFO) for a newbuild NG-9000X wind turbine installation and maintenance vessel. The newbuild vessel will support offshore wind activities in the Asia Pacific region and will be designed to accommodate the latest generation of turbines.
12 May 25
Taiwan: Copenhagen Infrastructure Partners divests 10% stake in Fengmiao I
Copenhagen Infrastructure Partners (CIP), on behalf of its fund Copenhagen Infrastructure V (CI V), has entered into an agreement to divest a 10% stake in the 495MW Fengmiao I offshore wind farm in Taiwan to Mitsui O.S.K. Lines (MOL). Construction of Fengmiao I is expected to be completed by the end of 2027
31 Mar 25
Taiwan: Vestas wins 495 MW offshore order with V236-15.0 MW turbines in Taiwan
Vestas has secured a 495 MW order from Copenhagen Infrastructure Partners (CIP) for the Fengmiao I offshore wind project off the coast of Taichung, Taiwan.
19 Mar 25
Taiwan: Copenhagen Infrastructure Partners reaches financial close on Fengmiao I offshore wind farm
Copenhagen Infrastructure Partners (CIP), through its fund Copenhagen Infrastructure V (CI V), has reached financial close on the 495MW Fengmiao I offshore wind project off the coast of Taichung, Taiwan.
04 Mar 25
Taiwan: TotalEnergies and partners inaugurate 640 MW Yunlin Wind Farm in Taiwan
TotalEnergies and its partners announced the successful inauguration of the Yunlin offshore wind farm in Taiwan, which is now fully operational and generating renewable electricity at its planned capacity of 640 MW.

Taiwan - more news

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