 Analyzing major renewable energy sources and power stability in Taiwan by 2030Ming-Tung Chuang, Shih-Yu Chang, Ta-Chih Hsiao, Yun-Ru Lu and Tsung-Yeh Yang Energy Policy, 2019, vol. 125, issue C, 293-306 Abstract: The aim of this study is to assess the offshore wind and solar power and to determine whether the future power supply in Taiwan will be stable. The estimated annual offshore wind and solar power generation for 2030 are 11343 GWh and 11367 GWh, respectively. Based on these results, it appears that the annual power supply can easily help balance the total power demand. However, the power demand is high during the summer peak months, and power generation may be insufficient during peak summer hours by 2030. Specifically, in 2024, the peak hourly percent reserve margin (PRM) in summer will be negative (-0.9%). If the installation of offshore wind turbines and solar panels is delayed, then the problem of insufficiency will be even more severe. However, if the offshore wind and solar photovoltaic projects are completed on schedule, and the first, second, and third nuclear power plants (NPPs) extend their service to 2030, then the hourly PRM could reach 15% during the summer peak hours from 2025 to 2030 and 5–11% in the other years. Moreover, if the fourth NPP opens, then the estimated summer peak hourly PRM would increase by 6–7%. Keywords: Offshore wind power; Solar power; Power stability; PRM (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:125:y:2019:i:c:p:293-306 DOI: 10.1016/j.enpol.2018.10.036 Access Statistics for this article Energy Policy is currently edited by N. France More articles in Energy Policy from Elsevier |
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