According to GlobalData, thermal power accounted for 71% of Taiwan’s total installed power generation capacity and 84% of total power generation in 2021. GlobalData uses proprietary data and analytics to provide a complete picture of this market in its Taiwan Thermal power Analysis: Market Outlook to 2035 report. Buy the report here.

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Installed capacity is forecast to increase from 2022 to 2035, at which point thermal power is expected to account for 42% of total installed generation capacity. Coal capacity rose during 2010 to 2021 at a CAGR of 1%. However, the country plans to decommission coal power projects, which will result in a decline in its cumulative installed capacity by 2035.

For more detailed analysis of the thermal power sector in Taiwan, buy the report here.

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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.  

GlobalData’s Power Plants database provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide, while its macro indicators database provides historic and forecast power generation and generation capacity by technology as well as consumption, imports and exports for over 170 countries.