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Ministry of Economic Affairs,R.O.C.

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2021-01-13 11:00
Bureau of Energy, Ministry of Economic Affairs

The MoU on Cooperation within the Area of Energy and Minerals Renewed at the 25th Taiwan-Australia Joint Energy and Minerals, Trade and Investment Cooperation Consultations

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The 25th Taiwan-Australia Joint Energy and Minerals, Trade and Investment Cooperation Consultations
The 25th Taiwan-Australia Joint Energy and Minerals, Trade and Investment Cooperation Consultations (JEMTIC) was held via video-conferencing in the morning on November 12, 2020. The ROC delegation was led by Deputy Minister Tseng Wen-sheng of Economic Affairs and Australian delegation was by Deputy Secretary Sean Sullivan of Department of Industry, Science, Energy, and Resources. In his pre-recorded opening remarks, Minister Assisting the Minister for Trade and Investment Andrew Gee congratulated the renewal of the MoU between Taiwan and Australia; based on this MoU, JEMTIC was the facilitating force of bilateral cooperation. The consultations were jointly chaired by Director-General Yu Cheng-wei of Bureau of Energy, MOEA, and General Manager Tim Wyndham and General Manager David Laurence of Department of Industry Science, Energy, and Resources. A total of 12 officials and experts in the area of energy and minerals from both sides reported in the meeting, and a total of 69 attendees from the industry, government, and academia, participated in the video conference.

According to Deputy Minister Tseng Wen-sheng, Australia was Taiwan's eleventh trade partner, ranking 15th in export and sixth in import, and Taiwan highly regarded its trade and investment relationship with Australia. The two sides, despite difficult circumstances, still got together via the video conference to discuss the future of bilateral cooperation in energy and minerals, showing how much they treasured this partnership. Moreover, Deputy Secretary Sean Sullivan recognized the contributions of JEMTIC to Taiwan-Australia cooperation in energy and minerals.

Three topics were discussed at the meeting, including energy policy, promotion of clean and renewable energy, and resources cooperation.

1.In terms of energy policy, the Australian delegation shared on the policies and measures in the areas of power generation, natural gas, liquid fuel, and technology, implemented by Australia in response to the challenges of summer wildfires and COVID-19 this year; Taiwan delegation presented the important progresses in the promotion of energy transition.
2.Regarding the promotion of clean and renewable energy, both parties exchanged opinions on the issues of energy innovation, energy resilience, and energy storage, sharing both parties' progresses in the development of renewable energy and low-carbon technology and exploring potential areas of cooperation. Australia also introduced major policies launched recently, including Technology Investment Roadmap and Hydrogen Energy and Integrated System Plan; Australia also recognized that investments in generation dispatching and infrastructures would help to maintain stability of the grid, while also enhancing security and safety of energy and power supplies.
3.In the area of resources cooperation, the two parties not only discussed outlook on future supply and demand of energy and minerals, but also explored ways to strengthen cooperative ties in the areas of LNG, coal, and iron ore.

The five-year "MoU on Cooperation within the Area of Energy and Minerals" between Taiwan and Australia expired this year, and was to be renewed. On the day of the meeting, the MoU was signed by Representative Elliot Charng of the Taipei Economic and Cultural Office in Australia and Representative Gary Cowan at the Australian Office Taipei, who were in Australia and Taiwan respectively, whereas Deputy Minister Tseng and Deputy Secretary Sullivan served as witnesses. According to Ministry of Economic Affairs, the "MoU on Cooperation within the Area of Energy and Minerals" is the foundation of cooperation in the area of energy and minerals between Taiwan and Australia, and this renewal manifests both parties' determination to continually deepen the cooperative ties

According to Ministry of Economic Affairs, since the First JEMTIC in 1993, both parties have taken turns to host the meeting over the years, and this year's meeting was the 25th edition. JEMTIC is not just an exchange platform in the area of energy for Taiwan and Australia, it also promotes and facilitates cooperative projects executed by both sides' energy and minerals authorities. By updating annually the Taiwan-Australia strategic partnership action plan, the two parties formulate concrete items of cooperation and regularly track and review progresses. In the future, both Taiwan and Australia will continue to explore new cooperative opportunities through JEMTIC; as for on-going collaborations, both sides will strive for execution and deepening of ties, hoping to facilitate both sides' energy transition and development of the mining industry.


Spokesperson for Bureau of Energy, Ministry of Economic Affairs: Deputy Director General, Chun-Li Lee
Phone number: 02-2775-7700, 0936-250-838
Email: chunlee@moea.gov.tw

Business Contact: Director, Ming-Chih Chuang
Phone Number: 02-2775-7710, 0936-889-606
Email: mcchuang@moea.gov.tw

Media Contact: Section Chief, Yu-Hsuah Hsia
Phone number: 02-2775-7705, 0910-668-295
Email: yhhsia@moea.gov.tw
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