GE has launched an open Innovation Challenge to call for ideas on how to address power challenges in Taiwan, in line with the government’s goals to strengthen energy reliability and sustainability towards a low carbon future in the country. The challenge, in partnership with Taoyuan City Government and Taiwan Power Company (TPC), is GE’s first in Asia, and will award over NT$1 million to the winning ideas that will target opportunities to increase electricity supply and work towards the decarbonization of the power sector or reduce energy demand and consumption.
Taiwan ranked No. 57 in Climate Change Performance Index 2021 (CCPI 2021), which rated 61 countries, suggesting there is a lot of room for improvement in terms of offsetting greenhouse gases and introducing renewable energy. As noticed by the Deputy Mayor of Taoyuan City, Gao An- Bang, “Taoyuan City Government has spared no effort in bringing about energy transformation and lower-emission energy development. I would like to thank GE for introducing advanced power equipment and technology, which helps meet electricity demand and accelerates Taiwan’s energy transformation. We hope to work with GE through the Innovation Challenge towards a brighter future for the environment and energy sustainability in Taiwan.”
TPC has been supporting Taiwan’s energy transformation with GE’s technologies and natural gas power to help reach the goal of 50% natural gas power generation and 20% renewable energy
by 2025.
