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Renewable Energy Development Act

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Summary

The purpose of the Renewable Energy Development Act is to encourage renewable energy use, promote energy diversification, improve environmental quality, assist relevant industries and enhance sustainable development of the country. Businesses that are equipped with self-use power generating facilities exceeding a certain installed capacity shall compile its business conditions into abbreviated monthly reports and further compile annual reports within three months after the end of each business year.

Thumbnail image for The purpose of the Renewable Energy Development Act is to encourage renewable energy use, promote energy diversification, improve environmental quality, assist relevant industries and enhance sustainable development of the country. Businesses that are equipped with self-use power generating facilities exceeding a certain installed capacity shall compile its business conditions into abbreviated monthly reports and further compile annual reports within three months after the end of each business year.
Issuer

Taiwan

Year

2019

Region

Asia

Policy Type

Disclosure

Geographical scope

National

Mandatory or voluntary

Mandatory


Main industries targeted
  • Wholesale trade
  • Agriculture, Forestry, Fishing & Hunting
  • Construction
  • Real Estate, Rental & Leasing
Restrictiveness

Very Low

Sustainable Development Goals (SDGs)
  • SDG 7: Affordable and Clean Energy
  • SDG 11: Sustainable Cities and Communities
  • SDG 13: Climate Action

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