Experts at the annual CAPRI forum in Taipei urged Taiwan to increase investments in green technology to strengthen national energy security [1, 2].
This push for energy independence is critical as Taiwan seeks to reduce its vulnerability to global market fluctuations and the risks associated with imported fossil fuels [1, 2].
During the forum, analysts said there is a need for a strategic shift toward sustainable energy sources to stabilize the power grid. The transition is viewed as a necessity for long-term economic stability, and environmental resilience [1, 2].
A primary focus of the discussions centered on the development of offshore wind power. Experts said the national financing guarantees for the offshore wind round 3.3 projects should be expanded [2].
These financial mechanisms are intended to alleviate the pressure on developers and investors. By providing stronger government guarantees, Taiwan can attract the capital necessary to scale its wind energy infrastructure, a move seen as vital for meeting energy targets [2].
The call for expanded financing comes as the industry faces logistical and economic hurdles. Strengthening the financial framework for round 3.3 would allow for more aggressive deployment of turbines and supporting infrastructure across nationwide development sites [2].
Beyond wind power, the experts said Taiwan should embrace green technologies to diversify the energy mix. Reducing the reliance on foreign fuel imports is framed not only as an environmental goal, but as a matter of national security [1, 2].
“Taiwan must invest in green technology to strengthen energy security.”
The emphasis on financing guarantees for 'round 3.3' indicates that Taiwan's ambitious energy transition is hitting a financial bottleneck. By shifting from simple subsidies to national guarantees, the government can lower the risk profile for private investors, which is essential for the massive capital expenditures required for offshore wind. This transition reflects a broader strategic pivot toward energy sovereignty to mitigate geopolitical risks associated with fuel imports.
