CPC Signs MOU with Academia Sinica and NCU to Promote Geothermal Research Exploration and Development Technologies

In response to the Taiwan government's energy transition policy, CPC Corporation Taiwan (CPC) is actively promoting the development of green energy and carbon reduction technologies in Taiwan, alongside the growth of related industries. On the 6th of this month, CPC signed a Memorandum of Understanding (MOU) with Academia Sinica and National Central University (NCU) to jointly advance geothermal research, exploration, and development technologies in Taiwan. This collaboration aims to contribute significantly to the realization of the 2050 net-zero carbon emissions target.

The MOU was signed by Shou-Li Tang, CEO of Exploration & Production Business Division at CPC; ; Sun-Lin Chung, Distinguished Research Fellow and Director of Academia Sinica; and Shu-Kun Hsu, Dean for Department of Earth Sciences at NCU. This agreement is set to accelerate the tripartite collaboration in geothermal energy development and sustainable clean energy initiatives.

Academia Sinica, as the nation's premier academic research institution, possesses advanced geological, geochemical, and geophysical survey data and analytical techniques through its Institute of Earth Sciences. National Central University, with its College of Earth Sciences and its Carbon Sequestration and Geothermal Research Center, has specialized research capabilities in the geothermal field and extensive experience in exploration.

In recent years, CPC has actively sought collaborative teams to align with the national energy transition policy. In addition to collaborating with Academia Sinica on geothermal exploration in Yilan, the three parties also jointly explored the potential and challenges of geothermal resources at the Tatun Volcano Group during the "Tatun Geothermal Seminar" held on July 22, 2024, at National Central University. The signing of this MOU not only aids in the survey and analysis of domestic geothermal reservoir distributions but also solidifies future collaborative projects, making them more concrete and stable.

Geothermal power generation, characterized by its clean energy and baseload power supply, is regarded as one of the essential renewable energy sources. Moving forward, the three parties will jointly promote scientific cooperation, collaborative projects, and personnel exchanges in geothermal development. This will enhance the progress of fundamental geothermal research, pilot exploration, and practical development, leveraging the strengths of all three entities to accelerate the advancement of national geothermal power generation, thereby realizing Taiwan's vision of net-zero sustainable energy.