Friday 17 April 2009

Time to tap into renewable energy

following yesterday's news that the government responded with the proverbial "well, you know where the door is" when German wind energy company InfraVest announced it might have to leave Taiwan (VftH here),

the Taipei Times has a good editorial on the topic:

Time to tap into renewable energy

... after German wind turbine maker InfraVest Wind Power Group threatened to withdraw from the local market if state-run energy monopoly Taipower refused to raise the tariffs it pays for electricity generated by InfraVest’s turbines.

... InfraVest also implored the government to speed up passage of the proposed statute on promoting renewable energy, a bill that has lain idle in the legislature since 2003.

It would be a severe blow to renewables in Taiwan if InfraVest pulled out of the market as German companies are world leaders in renewable energy generation.

... since [Germany's Renewable Energy Sources Act was] passed, the share of renewable energy in total electricity consumption has risen rapidly, from 6.3 percent in 2000 to 14 percent in 2007, according to Germany’s Federal Ministry of Economics and Technology. It hopes to make that figure 45 percent by 2030.

... Contrast that with Taiwan where, according to the Bureau of Energy, renewable energy this year will make up just 3.5 percent of total consumption, and it becomes clear that successive governments have been dragging their feet on this issue.

This is a shame, as Taiwan has great potential for renewable power sources such as solar, wind, tidal and geothermal. If properly harnessed, these sources could make up a good portion of Taiwan’s electricity needs. ...

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