Geography of Taiwan - Energy Resources

Energy Resources

Taiwan 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.