Taiwan is to spend more than $3bn to beef up wind-power capacity over three years in an attempt to cut coal and gas imports. The money will be spent on Taiwan's first undersea electricity cables to transmit power from offshore sites.
"Renewable energy can help us reduce dependence on overseas resources," deputy director general of Taiwan's energy bureau Wang Yunn-ming told Bloomberg.
Wind farms, both those built on land and in the sea, could account for about 5% of Taiwan's total installed capacity by 2010, according to Wang.
Coal and natural gas currently each fuel about a third of Taiwan's power generators.
