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Taiwan Transitions to Net-Zero Emissions with Advanced Technologies

Smart phone technology concept

Transitioning to net-zero carbon emissions by 2050 is not only an environmental issue but also an economic one, and represents both a challenge and an opportunity for Taiwan’s competitiveness. Taiwan encouraged full participation from the public and private sectors, as well as the general public while emphasising that the government will not leave any group behind on the path to achieve energy transition but will instead look for ways to attain shared prosperity throughout the next three decades’ marathon of challenges.

Given the growing demand for carbon border adjustment mechanisms and green supply chains, carbon emissions will soon become a strong determining factor in industrial competitiveness, posing a tremendous challenge for foreign trade-oriented economies such as Taiwan. This means that any economy that seizes on key emission-cutting technological innovations will be able to gain a competitive edge.

In response to the global trend towards net-zero, Taiwan aims to integrate the net-zero concept into the philosophies of all governance and implementations. As an example of mobilising self-transition in the public sector, the Ministry of Economic Affairs (MOEA) suggested that offices may examine the connections between their work and the target of net-zero emissions at weekly internal meetings.

MOEA proposed a 2×2 framework for the transition to net zero, which consists of a “low carbon – zero emissions” dimension and an “energy – industries” dimension. Under this plan, the immediate priority is to promote mature technologies in green power generation and carbon reduction as a way to shift industries and their energy consumption to a low-carbon state. In the long run, the industries will invest in advanced technologies, such as hydrogen energy, circular economy, and carbon capture, storage and utilisation, to transition from low to zero carbon.

Since the launch of the energy transition policy, the MOEA has overcome multiple challenges and increased the installed capacity of renewable energy at a rapid pace. The installed capacity of solar PV has grown more than fourfold in 4 years, and two offshore wind farms have been connected to the grid – a testament to the government’s ability to implement energy transition policies.

In shifting our energy system from low-carbon to net-zero, it is essential to identify key technologies with the potentials of domestic development and scaling up. The Ministry has consulted with experts in all energy areas in Taiwan and selected 55 decarbonisation technologies that we can potentially develop locally. Besides solar and offshore wind power, focus areas will also include other renewable sources, including geothermal power, which can both cover base loads and be scaled up domestically. Moreover, innovations in energy storage and system integration, which are vital to energy reliability, will also be key focuses in the future.

– Wang Mei-hua, Minister of Economic Affairs 

Regarding industry’s transition to net-zero, state-owned businesses are the leaders in Taiwan’s basic industry sector, and the MOEA has initiated their net-zero transition plans early this year. They are expected to serve as pioneers in their respective industries, rallying downstream suppliers to decarbonise. Large corporations are encouraged to cooperate with smaller companies throughout supply chains and share best practices and technologies of emission reduction.

As reported by OpenGov Asia, while the world is experiencing the COVID-19 outbreak since 2020, the most searched keyword in 2021 is net-zero emissions. This implies that climate change is going to be another battlefield because no country is immune to its effects, including Taiwan.

Therefore, in the process of developing smart cities, Taiwan has begun to explore ways to combine technology with commerce to create a new green economy while finding a new powerful engine for the industry and cities in support of international efforts to reduce greenhouse gas emissions. Ultimately, Taiwan aims to build urban resilience and usher into a new era of urban and environmental sustainability.

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

PARTNER

As a Titanium Black Partner of Dell Technologies, CTC Global Singapore boasts unparalleled access to resources.

Established in 1972, we bring 52 years of experience to the table, solidifying our position as a leading IT solutions provider in Singapore. With over 300 qualified IT professionals, we are dedicated to delivering integrated solutions that empower your organization in key areas such as Automation & AI, Cyber Security, App Modernization & Data Analytics, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Renowned for our consulting expertise and delivering expert IT solutions, CTC Global Singapore has become the preferred IT outsourcing partner for businesses across Singapore.

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Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

PARTNER

HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

PARTNER

IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.