Taiwan Unveils Offshore Wind Power Expansion Plan, Targeting 18 GW by 2039

Taiwan is charting an ambitious course for its offshore wind power development, aiming to significantly expand its renewable energy capacity over the next decade and a half. The Ministry of Economic Affairs has outlined a mid-to-long-term development blueprint that includes adding between 15 and 18 GW of offshore wind power by 2039.

Under the new plan, the government will conduct selection rounds for offshore wind farm development every four years, starting in 2027. Each round will release approximately 8 GW of capacity. The upcoming rounds in 2027 and 2029 are key to achieving this goal. The plan also incorporates the development of floating offshore wind farms starting this year.

This strategic push is designed to provide clarity for domestic and international investors, fostering investment in manufacturing, maritime engineering, and maintenance services. The government emphasizes four pillars for success: clear policy, industry cultivation, financial support, and administrative efficiency. Offshore wind power is identified as a critical component of Taiwan's 2030 energy transition strategy.

Taiwan has already made substantial progress, with 4.9 GW of installed capacity and plans for more by the end of the year. The successful completion of the 3-3 phase blocks by 2030-2031, adding 3.6 GW, is vital for meeting the 2030 target of 10.9 GW. This expansion is not only about increasing green electricity supply but also about supporting the burgeoning semiconductor, AI, and high-tech industries, thereby bolstering Taiwan's energy independence and grid resilience.