Technical FAQs 4

What is energy storage equipment in Taiwan?

Taiwan revised its “Renewable Energy Development Act” on May 1, 2019, and Article 3, paragraph 1, Subparagraph 14 of the Act clearly defines energy storage equipment as a means of storage for power which also stabilizes the power system, including the energy storage components, the power conversion, and power management system.

What is Taiwan's energy storage policy?

Taiwan's power grid system is an independent power grid. To cope with the impact of renewable energy integration in the future, there is a demand for energy storage systems. The government's policies on energy storage can be summarized as follows: (1) Solving the problem of intermittent renewable energy grid connection.

What is Taiwan's energy storage industry?

According to the analysis put forward by the Industry, Science and Technology International Strategy Center (ISTI) of the ITRI, Taiwan's energy storage industry can be divided into batteries, power regulators, power management systems, and system integration (SI), as well as other sectors.

What are the future prospects for Taiwan's energy storage industry?

Future prospects Taiwan's energy storage industry is currently in its infancy and is mainly being developed and dominated by the Taiwan Power Company (Taipower), the Chinese Petroleum Corporation, Taiwan (CPC Taiwan). Taipower expects to complete a 590 MW energy storage system installation by 2025.

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