Taipower and the European Business Council in Taiwan (ECCT) have collaboratively unveiled the "Paving the Way to Net Zero Power Report" further examines the supply-side, electrical grid, and demand-side aspects of energy sector, articulating strategic policy perspectives and proposes solutions for the advancement of sustainable energy development

Taipower and the European Chamber of Commerce in Taiwan (ECCT) jointly unveiled the "Paving the Way to Net Zero Power Report" on Dec.5th , addressing carbon neutrality strategies, the development of hydrogen energy, co-burning technologies, and pertinent issues in green energy, such as electric vehicles. The report systematically presents policy perspectives and responsive solutions for energy development, grounded in the policy context, supply-side considerations, electrical grid dynamics, and demand-side factors. Recognized as the industry's premier net zero practice guide, this report signifies a significant contribution to advancing sustainable practices in the energy sector.

The press conference for the "Paving the Way to Net Zero Power Report" took place at the Grand Hyatt Taipei. There’s a crucial ceremony was given that to present the report to Deputy Minister Wen-Sheng Zeng from the Ministry of Economic Affairs (MOEA) by Taipower General Manager Yao-Ting Wang and ECCT Chairman Giuseppe Izzo. The Attendees included ECCT CEO Freddie Höglund, Deputy Director General Jun-Li Lee from the Energy Administration of MOEA, representatives from the French and Finnish offices, as well as approximately 50 delegates representing European companies.

In alignment with international standards and the imperative to achieve the 2050 net-zero emission target, the Taiwan Power Research Institute (TPRI) functions as a specialized research entity under the purview of the TaiPower collaborating with the "Low Carbon Initiative" (LCI) of the European Chamber of Commerce in Taiwan (ECCT), have conducted ten exchange seminars spanning the years 2021 to 2022. These seminars comprehensively addressed crucial subjects such as carbon neutrality strategies, hydrogen energy, and electric vehicles. The sessions facilitated dialogue among over 1,300 participants, fostering discussions on global net-zero trends and the application of cutting-edge technologies, including but not limited to solar panels, wind turbine blade recycling, and energy storage.

The seminar series encompassed diverse themes aimed at advancing discussions on critical topics related to green energy and the circular economy. Notably, the "Workshops on Green Energy & Circular Economy" session delved into strategies for expanding international cooperation to achieve future carbon reduction goals. This involved discussions on carbon reduction technology, renewable energy, hydrogen energy, ammonia energy, carbon capture and storage, energy efficiency, and evolving business models.

In the "Advanced Hydrogen Technology and Application" seminar, practical applications of hydrogen energy on a global scale were explored. The session on "Hydrogen & Ammonia Co-firing Technology" delved into specific examples and the technical feasibility of co-firing hydrogen and ammonia. The "Offshore Wind, Smart Grid, Infrastructure, and Turbine Technology" seminar provided insights into the current status of development in these industrial fields, laying the groundwork for future collaborative endeavors.

Additionally, the seminar on "Energy Storage, System, and Problem Solving Experiences" delved into the technology and application of energy storage systems, drawing on international experiences to identify potential challenges. The "Issues that Power Companies are Facing Regarding the Development of EV" seminar addressed challenges in the development of electric vehicles and strategies for their mitigation.

Furthermore, specialized sessions on "Turbine Blades Recycling Practices & Solutions" and "PV Panel Recycling Practices & Solutions" addressed global concerns surrounding recycling issues, exploring mechanisms and the future direction of technological research in this domain. The seminar on "How Business and Electric Vehicles Run on 100% Renewable Energies" focused on the application of RE100 in electric vehicles, while "Experiences Exchange Regarding Risk Management" provided a platform for discussing the management of risks associated with energy and power assets.

The report also highlights various industry proposals and innovative solutions put forth by key stakeholders. These include recommendations for national low-carbon strategy policies by entities such as the European Economic and Trade Office (EETO) and the French Office in Taipei. Industry-specific contributions encompass proposals for onshore wind power by NERCON Taiwan Ltd., floating offshore wind power by Bureau Veritas and the Dept. of Engineering Sciences and Ocean Engineering of National Taiwan University ; geothermal solutions by Baseload Power Taiwan, and value chain decarbonization strategies by Schneider Electric Co., Ltd.

Additional innovative solutions featured in the report cover building energy-saving technology practices presented by ABB Ltd. and RCI Engineering Inc., sustainable lighting solutions by Signify, and developments in logistics electric vehicles by Gaius Automotive Co., Ltd. Solutions addressing the production and use of clean hydrogen involve collaborative efforts from ABB Ltd., Atlas Copco, Bosch Taiwan, Taiwan Rheinland Technology Guardianship Consulting Co., Ltd., and YARA ENVIRONMENTAL TECHNOLOGIES GMBH, TAIWAN BRANCH.

Furthermore, the report underscores initiatives for the promotion and use of green energy by Ubiqconn, as well as the introduction of carbon markets by Taiwan Carbon Solution Exchange (TCX). These collective contributions signify a comprehensive and collaborative approach towards addressing diverse facets of sustainable energy and carbon reduction.

Taipower has underscored its dedication to staying abreast of the latest international advancements and industrial landscapes. The company is steadfast in leveraging the collective experiences of various nations to propel energy initiatives and foster the development of new energy applications. In a strategic move earlier this year, Taipower designated the Kaohsiung Xingda Power Plant as a demonstration base for mixed hydrogen power generation. Subsequently, in November, in collaboration with Academia Sinica, the foremost academic research institution in Taiwan, Taipower unveiled research findings on decarbonized hydrogen power generation technology. Notably, this event was graced by the personal attendance of President Ing-Wen Tsai. Guided by the strategic framework of "low carbon first, then zero carbon," Taipower has followed MOEA poised to prioritize a suite of key technologies. These encompass wind, solar, geothermal, ocean-based energy sources, hydrogen technologies, advanced energy storage, and carbon sequestration methods. Adopting a holistic approach spanning power supply, grid infrastructure, and demand-side management, Taipower is committed to a progressive trajectory aimed at realizing net zero emissions within the electricity sector. In the coming years, Taipower is poised to enhance collaboration with members of ECCT-LCI, fostering discussions on critical subjects such as grid security, transmission and distribution technology, and intelligent asset management. Beyond the focus on achieving net-zero electricity, the collaboration aims to collectively devise an optimal carbon reduction pathway, aligning with the overarching objective of effectively implementing the 2050 net-zero energy transition goal.