Energy Saving Agreement Signed by Taiwanese Businesses

TODAY Nineteen Taiwanese business groups from telecommunication through to appliance manufacturers have signed a voluntary energy-saving program to help cut energy consumption by 5 percent over three years.

The programme organisers, the Taiwanese Bureau of Energy, hope to see a reduction of 33,000 tons of CO2 emissions along with 53 million kilowatt-hours of electricity over the three years, plus the creation of US$14.19 million worth of green industry business opportunities.

At the signing ceremony for the programme Taiwan’s Vice Premier Sean C. Chen said:

"Despite having been labelled as a successful case of development, Taiwan's economic achievements have actually resulted from the previous low costs of manpower, land and capital."

The Taiwan government has launched related programmes to help reach energy saving goals and carbon reduction and have achieved a negative growth in national energy consumption of minus 2.84 percent in 2008 compared to 2007 and minus 2.85 percent in 2009 compared to 2008.

Also Speaking at the signing ceremony Minister of Economic Affairs Shih Yen-shiang supplied more statistics proving the worth of related investments.

Shih stated that since 2006, the Bureau of Energy had signed energy-saving agreements with convenience stores, wholesalers, supermarkets, department stores, hospitals, shopping malls and hotels, totaling almost US$947 million in energy-saving investment, leading to savings of US$47 million in electricity costs annually.

He added that over 1,700 stores in the telecom, communication and consumer electronics sectors invested over US$14 million in energy-saving services each year, representing around 50 million kilowatt-hours of electricity saved.

Shih did highlight that the government needs to improve the whole nation's energy efficiency by over 2 percent a year and needs to increase energy efficiency in 2025 by 50 percent in comparison to the 2005 figure. Carbon dioxide emissions should also be reduced by 2025 to year 2000 levels and even further reduced to 50 percent by 2050.

Picture by Jaaron

Monday 9th August 2010

Add New Comment:


To Comment you must be a member of The ESA, please login or register to join

There are currently no comments, be the first to comment above.