Energy & Resources

Key Facts & Market Volume

• Renewable energy accounted for 11.6% of electricity generation in 2024 and is expected to reach 20% by 2025 (possibly delayed to 2026).
• Taiwan targets an energy mix of 50% LNG, 30% coal, and 20% renewables by end‑2025, aiming to reduce its nearly 98% reliance on energy imports.
• By 2030, Taiwan plans to deploy 20 GWh of battery energy storage (BESS), primarily for wind and solar grid stabilization; this market is projected to reach EUR 6 billion (~US 6.2 billion). Both Taipower—Taiwan’s state-owned power company—and private firms will implement BESS, supported by a new energy trading platform to encourage private investment.
• In 2024, Taiwan launched pilot hydrogen projects; the MOEA created a Hydrogen Task Force focused on hydrogen policy and deployment, targeting 9–12% hydrogen share in power generation by 2050. Projects include Delta’s hydrogen R&D lab and Taipower–Siemens Energy hydrogen pilot; hydrogen initiatives are linked to hydrogen mobility, steel production, and CCUS strategies.
• Taiwan generates around 9 million metric tons of general waste annually. In 2024, the municipal recycling rate reached 59.6%, and industrial waste recycling hit 85.4%, placing Taiwan among global leaders in waste management. The circular economy market—including smart recycling systems, industrial reuse, and eco-design—is gaining traction and is projected to grow steadily.
• Taiwan has implemented a 4-in-1 Recycling Program, covering households, local governments, recycling enterprises, and the recycling fund, creating business potential in waste sorting technologies, AI-based recovery systems, and upcycling solutions.

Important Areas for Collaboration

Latest Trends

Taiwan is steadily expanding its energy transition infrastructure. Investments in battery energy storage (BESS) are accelerating, while hydrogen projects are becoming policy priorities. The government is aligning grid modernization with climate neutrality goals, and private‑public pilots (e.g. Taipower–Siemens Energy) signal growing momentum in hydrogen and smart grid innovations. Simultaneously, circular economy initiatives are moving from policy to implementation—particularly in high-waste sectors like packaging and manufacturing—highlighting a shift toward waste reduction and resource efficiency.

Potential for German Companies

German companies can offer advanced technology and solutions in grid stabilization, BESS, and renewable integration—key to Taiwan’s green energy goals. Taiwan’s emerging hydrogen and circular economy landscape opens doors for firms specializing in green gas infrastructure, materials reuse, and smart waste systems. Strong demand also exists for consulting expertise, smart sensors, and eco-industrial design, especially in collaboration with local governments and industrial parks transitioning to sustainable systems.

Key Players & Partners active in Taiwan