Energy Resources
See also: Energy in TaiwanTaiwan has significant coal deposits and some insignificant petroleum and natural gas deposits. As of 2010, oil accounts for 49.0% of the total energy consumption. Coal comes next with 32.1%, followed by nuclear energy with 8.3%, natural gas (indigenous and liquefied) with 10.2%, and energy from renewable sources with 0.5%. Taiwan has six nuclear reactors and two under construction. Nearly all oil and gas for transportation and power needs must be imported, making Taiwan particularly sensitive to fluctuations in energy prices. Taiwan is rich in wind energy resources, with wind farms both onshore and offshore, though limited land area favors offshore wind resources. By promoting renewable energy, Taiwan's government hopes to also aid the nascent renewable energy manufacturing industry, and develop it into an export market.
Read more about this topic: Geography Of Taiwan
Famous quotes containing the words energy and/or resources:
“I rather think the cinema will die. Look at the energy being exerted to revive it—yesterday it was color, today three dimensions. I don’t give it forty years more. Witness the decline of conversation. Only the Irish have remained incomparable conversationalists, maybe because technical progress has passed them by.”
—Orson Welles (1915–1984)
“When we want culture more than potatoes, and illumination more than sugar-plums, then the great resources of a world are taxed and drawn out, and the result, or staple production, is, not slaves, nor operatives, but men,—those rare fruits called heroes, saints, poets, philosophers, and redeemers.”
—Henry David Thoreau (1817–1862)