Taiwan government moves to speed offshore wind projects

first_imgTaiwan government moves to speed offshore wind projects FacebookTwitterLinkedInEmailPrint分享Taiwan News:The government is sparing no effort in advancing offshore wind farm development through such measures as streamlining approval processes, strengthening oversight of support infrastructure construction, and providing assistance with planning and building procedures, according to Premier Lai Ching-te Transition to renewables is central to achieving a nuclear-free homeland by 2025, Lai said. Wind will play a key role in the nation’s energy mix, with the Ministry of Economic Affairs selecting nine local and foreign companies to build 14 wind farms with a total capacity of 5.5 gigawatts off Taiwan’s western coast within the next seven years, he added.MOEA Bureau of Energy statistics reveal that in 2017, 46.8 percent of Taiwan’s energy was generated from coal, 34.7 percent from natural gas, 8.3 percent from nuclear power and 4.5 percent from renewable sources. By 2025, the government aims to change these numbers to 50 percent for natural gas, 30 percent for coal and 20 percent for renewables, with solar and wind expected to contribute the majority of the latter.According to the MOEA, two demonstration wind farms in the waters off Miaoli and Changhua counties in northern and central Taiwan, respectively, are forecast to come online in 2019. Financed partially through state subsidies, the sites, which have a combined capacity of 230 megawatts, underscore the government’s commitment to fostering renewables and related expertise, the ministry said.The 14 additional offshore wind farms are projected to generate 19.8 billion kilowatt-hours of electricity per year, create 20,000 job opportunities, spur investment totaling NT$962.5 billion (US$31.56 billion) and reduce Taiwan’s carbon emissions by 10.47 million metric tons annually, the MOEA added.More: Cabinet accelerates offshore wind farm development in Taiwanlast_img read more

A different world just a quarter-century ago

first_img continue reading » Twenty-five years ago today Amazon was incorporated. And since July 5, 1994, huge technological changes have occurred that many have forgotten—or may not have ever known or heard of in the first place.Founded by Jeff Bezos and his former wife, MacKenzie, after Bezos left his job at a New York hedge fund and drove cross country, Amazon initially sold just books and at first was called “Cadabra.” But even then, Bezos was quoted as saying he envisioned Amazon as “an everything store.”Amazon has indeed become an everything store—including now having physical stores—with a dominant position in the U.S. and much of the world. But as author Bill Murphy, Jr. noted in a posting on Inc.com, Amazon isn’t the only thing to have changed—and changed drastically—since the summer of 1994 (its first website would go live in 1995).Stanford FCU in Palo Alto, Calif. would become the first CU in the world to offer rudimentary online banking in 1993—well ahead of just about all banks, as well. And the credit union community itself has during Amazon’s lifetime experienced the same revolutionary change as the company itself, with the Internet and online banking transforming from something few had any real knowledge of into the primary channel through which many members now interact with their credit unions. 1SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more