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MOEA welcomes Taiwan-U.K. offshore wind power cooperation
Organization: Department of International Cooperation        Publish Date: 2018-04-10 15:53
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MOEA welcomes Taiwan-U.K. offshore wind power cooperation

Minister of Economic Affairs Jong-Chin Shen and U.K. Minister for Investment at the Department for International Trade Graham Stuart witnessed the signing of a memorandum of understanding on cooperation in the field of offshore wind farm development between the British Office Taipei and the Taiwan Offshore Wind Turbine Foundation and Marine Engineering Association (T-Wind Marine Association) at the Taipei Fullerton Hotel on April 9, 2018.

Earlier the same day, Minister Shen and Minister Stuart engaged in dialogue at the Ministry of Economic Affairs, exchanging views on bilateral offshore wind power cooperation.

During the dialogue, Minister Shen noted that the MOEA has set the goal of 5.5 GW of offshore wind power total installed capacity in Taiwan by the year 2025. He expressed the hope of strengthening cooperation with the U.K. on offshore wind turbines and maritime engineering in order to upgrade Taiwan's offshore wind power technology and to promote industrial supply chain localization.

Minister Stewart stated that the U.K. is willing to share offshore wind power expertise and industry development experience with Taiwan, adding that areas of potential cooperation include initial development, design, engineering, installation support, operations and maintenance.

The U.K. is a global leader in offshore wind power generation, with total installed capacity expected to reach 7.5 GW this year. As of the end of 2017, renewable energy total installed capacity in the U.K. amounted to 40.5 GW, an increase of 13.3% over the previous year. A total of 39.7% of the country's electricity is currently generated by natural gas, 29.4% by renewable energies, 20.9% by nuclear energy and 10% by kerosene.

Taiwan has launched an energy transition initiative, with the set targets for 2025 being 50% of electricity generated by natural gas, 30% by coal, and 20% by renewable energy, with a focus on solar and wind power for the latter.
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