OMNI Features｜Germany Announce Carbon Emission Management Strategies for CCS Facilities / U.S. Petroleum Production Hits a New High During Biden's Administration / Taipower: Wind/Solar Energy Penetration Reaches 35.45% at the End of 2023

Germany to Restart Discussion and Announce Carbon Emission Management Strategies for CCS Facilities
Germany had concerns that CCS technology could be used as an excuse to slow down the green transition. However, considering the German government's explicit goal of climate neutrality by 2045 and recognizing that some industrial processes cannot achieve net-zero emissions, GRÜNE in Germany has announced a change in stance and is now willing to explore the feasibility of technologies such as Carbon Capture and Storage (CCS) or Carbon Capture and Utilization (CCU).

U.S. Petroleum Production Hits a New High During Biden's Administration
Despite the U.S. commitment to gradually phase out fossil fuels, announced during the Climate Change Conference of Parties (COP28) with the EU, and the Biden administration's signing of bills to address climate change and promote clean energy, U.S. petroleum production hit a new high in 2023, making it the world's largest oil-producing country.

Taipower: Wind/Solar Energy Penetration Reaches 35.45% at the End of 2023
On the last day of 2023, Taipower Company announced that, at 12:31 PM on December 31, 2023, the penetration rate of wind/solar energy reached 35.45%, breaking historical records. This is equivalent to every 3 kWh having 1 kWh of clean green energy.

Reference: International Trade Administration, Ministry of Economic Affairs (TITA)｜cna｜Taipower Company