Analysis on the Development Trend and Impact of Renewable Energy Industry in Taiwan
Since 2016,the Democratic Progressive Party(DPP)authorities have regarded the development of the renewable energy industry as the key to promoting energy transformation and creating new economic drivers.It has become a priority and focus for the development of emerging industries in Taiwan.Overall,although the renewable energy industry in Taiwan has achieved certain progress during the current period,it has not yet formed core competitiveness due to factors such as political party rivalry and a weak industrial foundation on the island.Under the electoral politics on the island,the renewable energy industry has gradually become a"perpetual motion machine"for the DPP to obtain funds and votes,and party games and the"politicization"of energy issues have formed a vicious symbiotic feedback mechanism,leading to intensified competition among political parties on the island and energy issues.The transformation is out of order and social public opinion is divided.
TaiwanRenewable Energy IndustryCurrent SituationImpact