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Enhancing Sea and Air Rescue Capabilities: Establishing a Taiwan-Specific Offshore Wind Farm Joint Defense and Sharing Mechanism
Sep. 06 2024
Enhancing Sea and Air Rescue Capabilities: Establishing a Taiwan-Specific Offshore Wind Farm Joint Defense and Sharing Mechanism
Since the development of offshore wind in Taiwan, there have been multiple incidents requiring vessel and medical rescues at wind farms, underscoring the growing importance of ensuring the safety of wind farm personnel and equipment. In response to these challenges, the National Maritime Engineering Association (NMEA) organized a 2-day "2024 Offshore Wind Marine Salvage and Emergency Response Summit" on August 15 and 16. The summit was structured around four key themes: policy, industry, academia, and medical care. It aimed to collaboratively discuss and develop a disaster prevention and emergency response system tailored to Taiwan's unique geographical environment and the specific needs of its offshore wind power industry.
GRUNDFOS and YCM Collaborate to Advance Sustainable Transformation in Taiwan's Machine Tool Industry
Sep. 02 2024
GRUNDFOS and YCM Collaborate to Advance Sustainable Transformation in Taiwan's Machine Tool Industry
The advanced pump solution and water resource technology company, GRUNDFOS Pumps, recently signed a Memorandum of Understanding (MoU) with Yeong Chin Machinery Industries (YCM) on the 30th, aiming to accelerate the adoption of smart and energy-efficient systems in Taiwan's machine tool industry, promoting environmental sustainability. As the world's first company to achieve full verification of the Science Based Targets initiative (SBTi) for the 2050 net-zero emissions goal, GRUNDFOS is committed to providing intelligent, connected, and energy-saving pump solutions that help customers optimize system performance, save energy, and reduce carbon emissions.
CSBC's New Chairman Cheng-Hung Huang Assumes Office and Suggest Strategic Adjustments Across 5 Key Areas
Aug. 29 2024
CSBC's New Chairman Cheng-Hung Huang Assumes Office and Suggest Strategic Adjustments Across 5 Key Areas
CSBC Corporation Taiwan, also known as CSBC, recently underwent a change in leadership. Former Chairman Wen-Lon Cheng officially stepped down on the 19th, and Cheng-Hung Huang took over as the new Chairman on the 28th. Chairman Cheng-Hung Huang has set out strategies and solutions in 5 key areas: "Global Economic Challenges and Supply Chain Management," "Technological and Product Innovation," "Financial and Capital Management," "Human Resources and Organizational Management," and "Government and Social Cooperation."
OMNI Features｜Vena Energy and MGen Renewable Energy Partner on 550MW Solar PV Project in the Philippines．MOL Training Center in the Philippines Achieves DNV Accreditation for Maritime Training．Data Gaps Hinder Climate Action in Asia-Pacific
Aug. 29 2024
OMNI Features｜Vena Energy and MGen Renewable Energy Partner on 550MW Solar PV Project in the Philippines．MOL Training Center in the Philippines Achieves DNV Accreditation for Maritime Training．Data Gaps Hinder Climate Action in Asia-Pacific
Vena Energy, based in Singapore, has entered into an investment agreement with MGen Renewable Energy to develop a 550MW solar PV project in Bugallon, Pangasinan, Philippines. The project, situated approximately 200km northwest of Manila, is set to commence construction later this year, with operations expected to begin in the fourth quarter of 2025. The project will span 590 hectares and require an investment of approximately US$565 million.
Foxwell Power (FWP) Leads with ESCO Services to Achieve 40-50% Energy Savings
Aug. 26 2024
Foxwell Power (FWP) Leads with ESCO Services to Achieve 40-50% Energy Savings
The Executive Yuan recently approved the Ministry of Economic Affairs' "Deep Energy Conservation Promotion Plan," which plans to invest NT$35.3 billion from 2023 to 2027 to enhance energy efficiency and drive NT$326.6 billion in energy-saving investments. Shinfox Energy's energy technology service brand subsidiary, Foxwell Power (FWP), has pioneered the launch of an Energy Service Company (ESCO) deep energy conservation program, tailored to help various enterprises achieve 40-50% energy savings, supporting both businesses and the nation in reaching significant energy efficiency goals.
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OMNI Features｜Toyota to Establish New EV Battery Plant in Japan's "Silicon Island" Kyushu．SK oceanplant and Anma Offshore Wind Power Renew Substructure Contract．Komai Haltec Plans to Manufacture Offshore Wind Turbine Towers in Chiba
Jul. 29 2024
OMNI Features｜Toyota to Establish New EV Battery Plant in Japan's "Silicon Island" Kyushu．SK oceanplant and Anma Offshore Wind Power Renew Substructure Contract．Komai Haltec Plans to Manufacture Offshore Wind Turbine Towers in Chiba
Toyota Motor has announced it will make 5 trillion yen ($32 billion) in EV-related investments by 2030. Toyota already has battery plants in the prefectures of Aichi, Hyogo, and Shizuoka and plans to construct an EV battery plant in Kyushu. Toyota intends to invest 300 billion yen in its joint venture with Panasonic Holdings, the Himeji plant.
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EU Challenges Taiwan's Discriminatory Rules on Local Content regarding Offshore Wind Projects MOEA: Exploring Prospects for Opening Up
Jul. 28 2024
EU Challenges Taiwan's Discriminatory Rules on Local Content regarding Offshore Wind Projects MOEA: Exploring Prospects for Opening Up
The EU (26th) has requested dispute settlement consultations at the WTO concerning Taiwan's use of local content criteria for offshore wind energy projects. The EU is committed to leading the global green transition and, as such, welcomes Taiwan's efforts to support green energy. However, such efforts must respect the global level playing field and comply with international trade rules. In the view of the EU, Taiwan's local content eligibility and award criteria in energy capacity allocation auctions for offshore wind farms are inconsistent with its WTO commitment to not discriminate against imported goods and services.
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Typhoon Gaemi Strikes: Taipower's 6,000 Staff Continuously Repairing and On Standby; Wind Power Output and Distributed Microgrid Effectiveness Highlighted
Jul. 26 2024
Typhoon Gaemi Strikes: Taipower's 6,000 Staff Continuously Repairing and On Standby; Wind Power Output and Distributed Microgrid Effectiveness Highlighted
As Typhoon Gaemi made landfall, Taiwan experienced significant increases in wind speeds, reaching gusts of up to Force 8 to 10 along the western coastal areas. Taipower reported that at 12:36 PM on the 25th, instantaneous wind power output peaked at 2 million kW, although not breaking records, it constituted 7% to 8% of the total electricity generation, equivalent to the output of the Third Nuclear Power Plant.
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MOEA Minister J.W. Kuo Calls for Relaxation of Offshore Wind Localization Requirements Emphasizes Geothermal and Hydrogen Energy Development, and AI Engineer Training
Jul. 26 2024
MOEA Minister J.W. Kuo Calls for Relaxation of Offshore Wind Localization Requirements Emphasizes Geothermal and Hydrogen Energy Development, and AI Engineer Training
In a recent local media interview, Minister J.W Guo of MOEA discussed Taiwan's energy development plans. Amid the country's entry into the Phase 3-2 (the zonal development) of offshore wind farm development, the inflationary impact triggered by the Russia-Ukraine conflict has intensified construction costs, prompting developers to urge the government to review localization policies. Originally, Phase 3-1 required a 60% localization ratio, but Phase 3-2 has allowed developers greater flexibility by adopting a fully elective approach, albeit still seen as insufficiently flexible by developers.
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OMNI Features｜First Decline in EU Wood Pellet Sales in 2023．Korean Cable Manufacturer Taihan Launches Korea's First Offshore Wind CLV "Palos"．German Company Neuruppin Completes Its First 500-Meter Geothermal Drilling Project
Jul. 25 2024
OMNI Features｜First Decline in EU Wood Pellet Sales in 2023．Korean Cable Manufacturer Taihan Launches Korea's First Offshore Wind CLV "Palos"．German Company Neuruppin Completes Its First 500-Meter Geothermal Drilling Project
According to a report by the U.S. Department of Agriculture, the EU's consumption of wood pellets decreased by 1.2% last year, reaching 24.5 million metric tons. This marks the first decline since 2015. The primary reasons for this decrease are the mild winter and reduced demand from the commercial power sector. The current low prices, combined with government incentives, are expected to support the widespread use of biomass for residential heating in 2024. It is anticipated that demand from the industrial power sector will remain stagnant this year.
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OMNI Features｜Parkwind and MJR Power Collaborate to Launch the World-First Offshore Green Energy Charging System．ABL Secures MWS Contract for France-Spain Electricity Interconnection Project．Chinese Wind Turbine Manufacturer Secures First German Order Rising Tensions in the European Trade Market
Jul. 23 2024
OMNI Features｜Parkwind and MJR Power Collaborate to Launch the World-First Offshore Green Energy Charging System．ABL Secures MWS Contract for France-Spain Electricity Interconnection Project．Chinese Wind Turbine Manufacturer Secures First German Order Rising Tensions in the European Trade Market
Parkwind has installed an innovative offshore vessel charging station system designed to significantly reduce greenhouse gas emissions from offshore maintenance vessels. This pioneering infrastructure is being utilized for the first time at the Nobelwind wind farm, where vessels can directly use locally produced renewable electricity. Developed by UK partner MJR Power and integrated and deployed in collaboration with Parkwind, this technology represents a crucial milestone in achieving low-carbon maritime transport.
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OMNI Features｜South Korea Poised to Become Reactor Supplier for Multiple Countries．Scientists Warn of the Impact of Climate Change Accelerating Annual Surface Temperature in Russia．AI and Green Energy Drive Expansion of Investments in Taiwan by Three Companies
Jul. 23 2024
OMNI Features｜South Korea Poised to Become Reactor Supplier for Multiple Countries．Scientists Warn of the Impact of Climate Change Accelerating Annual Surface Temperature in Russia．AI and Green Energy Drive Expansion of Investments in Taiwan by Three Companies
South Korea is set to fulfill its ambition of exporting nuclear power technology and becoming a reactor supplier for several countries. State-owned Korea Hydro & Nuclear Power Co. (KHNP) was selected last week to build 2 multibillion-dollar reactors in the Czech Republic, surpassing its competitors. Once finalized, this project could position South Korea to build reactors in Europe. KHNP is also conducting a feasibility study for a nuclear plant in the Netherlands, while Sweden's Vattenfall AB is considering using Korean technology. Additionally, South Korea is in talks to supply reactors to the U.K., Poland, and other nations, putting it on track to achieve the government's goal of exporting ten units by 2030.
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BlueFloat Energy Secures Feasibility License for Gippsland Dawn Offshore Wind Farm in Australia
Jul. 22 2024
BlueFloat Energy Secures Feasibility License for Gippsland Dawn Offshore Wind Farm in Australia
Gippsland Dawn Offshore Wind Project has been awarded a feasibility licence by the Australian Government to further its development plans. BlueFloat Energy, the proponent of Gippsland Dawn, has been active in Gippsland since 2021 and believes the project could be operational by 2031.
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OMNI Features｜MOEA Preannounce Amendments to The Electricity Act．Governor Launches New York's Largest Sunrise Wind Offshore Wind Project
Jul. 22 2024
OMNI Features｜MOEA Preannounce Amendments to The Electricity Act．Governor Launches New York's Largest Sunrise Wind Offshore Wind Project
On July 19, 2024, the Ministry of Economic Affairs (MOEA) officially announced proposed amendments to specific provisions of "The Electricity Act," aimed at revitalizing the green energy trading market and supporting the 2050 net-zero transition goals. Since the liberalization of green energy trading in 2017, the power market environment has progressively diversified, and fair grid usage has seen advancements. These amendments emphasize the ongoing strengthening of the power system, while increasing regulations for grid-connected energy storage and demand response measures to align with renewable energy development trends.
