Taiwan Renewables Q2 2018
BMI View: Despite ambitious government targets, non-hydro renewables are forecast to play a rather limited role in Taiwan's power sector in the coming decade. Frequent regulatory changes and low level of liberalisation in the power sector have dampened investor interest in renewables, which is illustrated by a short project pipeline. However, the ongoing nuclear energy phase-out and rising dependence on imported thermal feedstock present an upside risk to our bearish forecast.
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