Economic incentives needed for green powerBy Chen Yung-jen 陳詠仁The presidential candidates of the Chinese Nationalist Party (KMT) and the Taiwan People’s Party (TPP) have both announced their energy policies. Due to climate change and an energy crisis, the international community is increasingly emphasizing the development of distributed generation, renewable energy and energy flexibility. The Ministry of Economic Affairs allowed the private sector to establish independent power producers to generate electricity for sale between 1995 and 1999. Companies that need to rely on green energy can be both the manufacturer and the consumer, and hence the burden of green power generation can be distributed more equally. The government has failed to achieve its goals in terms of green energy development.

Source: Taipei Times August 22, 2023 16:49 UTC