, Taiwan

Taiwan opens doors to investments in offshore wind power

Offshore wind's potential output exceeds 10 million kilowatts.

Nikkei Asian Review reported that the Taiwan Strait will likely generate an annual 3 million kilowatts to 5 million kilowatts from wind power, Premier Lin Chuan said Monday, implying an upgrade to the previously targeted 3 million kilowatts in 2025, thanks to investment applications from foreign companies.

President Tsai Ing-wen's administration aims to shrink nuclear's share of the electricity supply from 14% in 2015 to zero by 2025. To support the phaseout, the government plans to quintuple renewable energy's share from 2015 levels to 20%.

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