Following the success of last year’s event, the second annual Global Offshore Wind Summit – Taiwan will take place on 21-23 April 2020 in Taipei. Organised by the Global Wind Energy Council (GWEC) and the European Chamber of Commerce Taiwan – Low Carbon Initiative (ECCT-LCI), this official industry event will be co-organised by the Taiwan International Ports Corporation and endorsed by the Ministry of Economic Affairs.
- The second annual Global Offshore Wind Summit – Taiwan will be held on the 21-23 April 2020 in Taipei.
- GWEC Market Intelligence forecasts that Taiwan is set to become the second largest offshore wind market in Asia, with over 15GW of offshore wind capacity expected to be added over the next ten years
- With a current target in place for 5.7GW of offshore wind capacity by 2025, Taiwan’s President Tsai Ing-wen announced last week that Taiwan plans to add an additional 10GW of capacity between 2026 and 2035, thereby doubling their current target.
- Taiwan serves to benefit greatly from a booming offshore market to stimulate the local economy, creating green jobs, investment in local infrastructure, and becoming an export hub for the growing offshore industry.
“Taiwan has redoubled its commitment to offshore wind with last week’s announcement by President Tsai Ing-wen to add an additional 10GW of capacity between 2026 and 2035. The global wind industry has its sights set on Taiwan to be the next big offshore wind market, and this event is the ideal platform to bring developers, OEMs, investors, port authorities, supply chain stakeholders and policymakers together to discuss how we can achieve this 10GW goal while creating local economic opportunities”, says Ben Backwell, CEO of GWEC.
“As Taiwan’s first large-scale offshore wind farm starts operations in 2019, we are about to see the real benefits of offshore wind energy in terms of renewable energy generation and the resulting reduction in carbon emissions and pollution. It marks a significant step in Taiwan’s energy transition away from fossil fuels towards clean energy and proof of concept of Taiwan’s great potential to develop into one of the world’s largest offshore wind markets. Following the outstanding success of the 2019 summit, the 2020 summit will serve to highlight the remaining regulatory, financial and logistical hurdles that need to be overcome to speed up the roll-out of wind energy infrastructure and secure Taiwan’s reputation as a global renewable energy leader,” says Freddie Höglund, CEO of the European Chamber of Commerce Taiwan.
This three-day event will address the current challenges and opportunities for Taiwan’s offshore wind market while exploring how Taiwan’s experience of building an offshore wind market can be used in the global context. The programme includes a visit to the Formosa Offshore Wind Farm and TIPC Ports Facilities, a first-class conference programme featuring a CEO Forum, Mayor’s Session and High-Level Finance Forum as well as technical sessions to highlight the latest technology development in the industry.
More information on the programme and registrations will be announced early in the New Year.
About the Global Wind Energy Council
Global Wind Energy Council (GWEC) is a member-based organisation that represents the entire wind energy sector. The members of GWEC represent over 1,500 companies, organisations and institutions in more than 80 countries, including manufacturers, developers, component suppliers, research institutes, national wind and renewables associations, electricity providers, finance and insurance companies. See more: www.gwec.net
About the ECCT
With over US$55 billion in direct foreign investments, Europeans remain the largest group of foreign investors in Taiwan. The European Chamber of Commerce Taiwan is the principal nationwide organisation promoting European business interests in Taiwan. The chamber represents over 900 members from over 400 companies and organisations. Through a network of 30 industry and support committees, the ECCT has been successful in addressing specific concerns and providing concrete recommendations to all levels of government to facilitate improving the business environment. The ECCT’s annual position papers comprise issues identified by its committees as hindering the further development of their respective industries and provide recommendations to the government of Taiwan aimed at improving the business environment. They also serve to keep the European Commission and parliament as well as the governments of individual European Union member states informed about Taiwan’s business environment.
About the ECCT Low Carbon Initiative
The ECCT launched the Low Carbon Initiative (LCI) in 2011 to showcase the best European low carbon solutions and practices through its three strong platforms: 1) Advocacy, 2) Best Practices, and 3) CSR & Education, across a broad range of industries, to raise awareness about sustainable development and promote the adoption of low carbon solutions in order to help Taiwan to reduce its carbon emissions. The LCI aims to engage local business, policy-makers and the public to work together to meet the targets set by the Taiwan government to lower carbon emissions and prepare companies to deal with rising energy costs. The LCI now has over 50 members representing companies, government agencies and consultancy firms and other organisations.