Tu Yueh-yuan, chief engineer, Taipower, said that the company favors wind power over other forms of renewable energy sources, like solar energy.
“On wind power, we will build as much as we can because it’s more economical,” Yueh-yuan said. It costs TaiPower, between TWD2 and TWD3 to produce one kilowatt-hour of electricity using the wind compared with as much as TWD20 for solar energy, Yueh-yuan added.
Taiwan’s President Ma Ying-jeou, who took office in May 2008, has pledged to cut carbon emissions to 2000 levels by 2025. In June 2009, the legislature approved a law on electricity pricing to ensure “reasonable profits” for power generated from renewable energy sources. Taipower is studying the faesibility of establishing offshore wind mills, Yueh-yuan said.