A new frontier in offshore wind energy | FT Climate Capital

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  • Опубліковано 20 гру 2024

КОМЕНТАРІ • 50

  • @rubyjohn
    @rubyjohn 4 місяці тому +2

    Currently working at Taiwan-based wind farm. The development progress in the past few years is awe inspiring.

  • @formosanbusinesssupportco.5343
    @formosanbusinesssupportco.5343 10 місяців тому +13

    Thanks for having interest in Taiwan at all and then even talking about the offshore wind industry!
    It's a pity that report was limited to developers and only top ranking government officials. Particular the Scottish involvement in Taiwan's supply-chain, would have been an interesting case.

  • @DBGE001
    @DBGE001 10 місяців тому

    thank you FT for this excellent report from the other side of the globe

  • @StopTheBurn
    @StopTheBurn 10 місяців тому +1

    Turn, baby, turn!
    Stop 🛑 the burn!

  • @abdelkaioumbouaicha
    @abdelkaioumbouaicha 10 місяців тому +8

    📝 Summary of Key Points:
    📌 Taiwan aims to become a leader in offshore wind power due to its high wind speeds, which is crucial for its semiconductor industry that relies on clean energy.
    🧐 Taiwan has set ambitious goals to cut carbon dioxide emissions to net zero by 2050 and have 27-30% of electricity come from renewable sources by 2030. By the end of 2023, Taiwan had installed over 2 gigawatts of offshore wind power, making it the leading market in Asia-Pacific outside of China.
    🚀 The government aims to have up to 13 gigawatts of offshore wind power installed by the end of the decade and up to 55 gigawatts by 2050. However, requirements for domestically made turbine parts have raised concerns about cost and supply chain readiness.
    💡 Additional Insights and Observations:
    💬 "Developing offshore wind power is complex and expensive, and Taiwan's supply chains are underdeveloped." - This highlights the challenges faced by Taiwan in becoming a leader in offshore wind power.
    📊 By the end of 2023, Taiwan had installed over 2 gigawatts of offshore wind power, making it the leading market in Asia-Pacific outside of China - This statistic showcases Taiwan's progress in the offshore wind industry.
    🌐 Taiwan Semiconductor Manufacturing Company (TSMC) has signed a deal to buy electricity from wind farms developed by Orsted, which helps kickstart offshore wind projects and allows TSMC's customers, like Apple, to claim they are using green energy.
    📣 Concluding Remarks:
    Taiwan is determined to become a leader in offshore wind power to support its semiconductor industry and achieve its ambitious renewable energy goals. Despite challenges with supply chains and domestic content requirements, the government is taking steps to support the industry's growth. With long-term deals and partnerships, Taiwan is making progress towards a greener future.
    Generated using TalkBud

  • @icls9129
    @icls9129 6 місяців тому +1

    Taiwan doesn't have a lot of flat land area for solar, so wind is going to be important there. Also, it's slightly harder to destroy wind turbines in a shooting war than solar panels (glass solar panel meet bullet). Backup battery storage should be protected underground.

  • @MajorBGumbo
    @MajorBGumbo 10 місяців тому +1

    Top Notch video. i have made a video on NJ's recent failed wind farm experience and there are excellent points in the that apply as well to that situation. Do you accept requests to reuse portions of this video. if so, please let me know.

  • @lokesh303101
    @lokesh303101 10 місяців тому +1

    Yes!

  • @vibhusingh1457
    @vibhusingh1457 10 місяців тому +4

    How can manufacturing locally be disadvantageous than importing? If the corporates indeed want to contribute they must produce locally contributing thereby to employment generation and uplifting the incomes in the region they are investing in.

    • @trickslies844
      @trickslies844 10 місяців тому +4

      Screw your employment. They are already providing you with cheap clean energy. Its not their responsibility to give you a handout. The scale of this problem is such that we don't have time or money to waste on you if you can't pull your own weight

    • @DBGE001
      @DBGE001 10 місяців тому +2

      it is not economically viable to start local manufacturing businesses for the 8000 parts that are to be assembled into a nacelle. I'm sure that a large number of highly standardized parts can be sourced locally, but more specialized part are typically manufactured in a low scale by suppliers that already specialized in making these parts decades ago (at the start of the large wind turbine revolution in Denmark and Germany around 1990).

  • @mariadaluzmoutinho5701
    @mariadaluzmoutinho5701 10 місяців тому

    Palavras leva-as o vento!! A pressão que existe ... e tal como o vento depende das deslocações e dos ares, perante uma realidade necessária Versus as pressões da continuidade poluente!! Entre a energia limpa renovável e os combustíveis fósseis ...nesta batalha quem vencerá e se vencer a limpa quem terá acesso a ela?! E como lidar com quem não quer a mudança?! Há tantos braços de ferro!! Este projecto devia ser global e seguir este exemplo!!

  • @peterdollins3610
    @peterdollins3610 10 місяців тому +2

    Need to develop their Nuclear Power for base load IF they are serious.

    • @tillthiemann6448
      @tillthiemann6448 10 місяців тому +2

      Base load can be supplied by energy storage such as pumped hydro, kintetic batteries, hydrogen or classic lithium ion batteries. It is way cheaper than building a nuclear powerplant.

    • @DBGE001
      @DBGE001 10 місяців тому

      nuclear power can never serve as a base load because it cannot be modulated

  • @winstong7867
    @winstong7867 10 місяців тому +1

    Why is wind gemines better than wind parachutes in the ocean

  • @HannahHeavens-pe5xt
    @HannahHeavens-pe5xt 6 місяців тому

    Taiwan offshore wind farms
    Geopolitics risks
    Expensive to develop infrastructure
    High wind speeds 11m/s
    Carbon import taxes
    Export economy Taiwan
    Japan 1 Europe 5 Taiwan 2 wins farms

  • @muuuuuuuuuuuuuuuuuuu5380
    @muuuuuuuuuuuuuuuuuuu5380 10 місяців тому

    Windmills aren't killing whales?

  • @finalfan321
    @finalfan321 10 місяців тому

    Dag Nathalie

  • @TimeIsFire000
    @TimeIsFire000 10 місяців тому +1

    They keep breaking here😂

    • @DBGE001
      @DBGE001 10 місяців тому

      where is that? and are these modern (new) turbines?

  • @rodneypantony3551
    @rodneypantony3551 10 місяців тому

    Ukraine Intelligence should check historic sea level fluctuation and design their rebuilt ports. Then get a temporary monopoly with investment from food security such as Saudis who built Canada's G3 grain terminals. IF sea levels rise and IF Ukraine's ports are rebuilt correctly, Ukraine is world's bread basket and farmland and infrastructure are more valuable and a temporary monopoly on European food exports. Investors will want proof and so Ukraine should send independent experts to Rome's pontus grain port, 200 AD.

    • @w0ttheh3ll
      @w0ttheh3ll 10 місяців тому

      Sea level rise is not an if, water expands as it warms. The rising level is already measureable. However, you seem to overestimate its rate. The predictions are for a couple of centimeters per decade.

  • @RoyPounsford
    @RoyPounsford 10 місяців тому

    Typical high stsndard of the FT

    • @DBGE001
      @DBGE001 10 місяців тому

      indeed!

  • @AlanDSouza-pe3gx
    @AlanDSouza-pe3gx 10 місяців тому +3

    Lady stop nodding after every word.

  • @aaronbrown6890
    @aaronbrown6890 10 місяців тому +5

    Aren't these project being cancelled left and right?

    • @trickslies844
      @trickslies844 10 місяців тому +10

      no

    • @errgo2713
      @errgo2713 10 місяців тому +3

      No

    • @marco21274
      @marco21274 10 місяців тому +1

      Only in the US.

    • @aaronbrown6890
      @aaronbrown6890 10 місяців тому +1

      Only where economic viability is a factor... got ya. Europe is finished. @@marco21274

    • @DBGE001
      @DBGE001 10 місяців тому

      not in Texas (Texans love the smell of green bills) @@marco21274

  • @GarrettReynolds-uh9vj
    @GarrettReynolds-uh9vj 10 місяців тому +4

    All failing due to corrosion😂

  • @brianbassett4379
    @brianbassett4379 10 місяців тому +1

    *Wrong.* The *_future_* of wind energy generation is vertical towers not overly expensive and massive blades. Less expensive to build, install, and maintain and can generate power with far less wind input.

    • @trickslies844
      @trickslies844 10 місяців тому +4

      And far less performance as a result. There is no point in going ofshore if you don't use the scale benefits

  • @Whohah-s2p
    @Whohah-s2p 10 місяців тому

    Must be a joke one of the most volatile region in the future where china and china at doing their cold war games 😂 i don't think so

  • @jaykay1848
    @jaykay1848 10 місяців тому

    sack newton leng

    • @DBGE001
      @DBGE001 10 місяців тому

      why?

    • @jaykay1848
      @jaykay1848 10 місяців тому

      @@DBGE001 why?

  • @hamishlovesit4731
    @hamishlovesit4731 8 місяців тому

    Hahaha are you joking ... Big con... I would explain but no one here is worth explaining