Green energy technologies are expected to draw TWD200 billion in private investments in the industry.
The project will focus on solar energy, light emitting diode (LED) lighting, wind power, biomass fuel, hydrogen power, fuel cells, electric vehicles, energy information and communication technology.
Premier Liu Chao-shiuan said that building Taiwan into a low-carbon society is one of the administration’s priority policies.
Liu referred again to his pledge earlier in April 2009 that the government will not spare any effort to advance its goal of building a low carbon-emission homeland. Liu said he was confident that the MOEA project will help to motivate Taiwan’s renewable energy industry and create more job opportunities in that sector.
Liu added his voice to President Ma Ying-jeou’s call for the legislature to quickly pass a renewable energy bill that has been stalled for a long time, saying that the MOEA should push for the legislation’s passage as it will offer a legal basis for the development of the energy sector.
Under a TWD500 billion four-year economic stimulus plan proposed by the Cabinet in November 2008, the government will invest 10% of the total to promote green energy industries and to fund engineering work on renewable energy, Liu said.
Meanwhile, the MOEA should establish a task force to examine the difficulties that green energy industries are facing and facilitate them clear technical bottlenecks and deal with investment and operating problems, Liu said.
