An academic has called on the government to consider exploiting geothermal energy sources near Taipei, while business-people urged the local and central governments to clear up administrative hurdles to “renewable” energy investments.
New Taipei City in May 2015 launched a joint venture with the Bureau of Energy and the Industrial Technology Research Institute at Sihuangziping (四磺子平) in the city’s Jinshan District (金山) to develop a geothermal power plant, New Taipei City Government, official Liao Shih-wei (廖士緯) said.
Initial estimates after a year of drilling placed the site’s power generation potential at 5.5 megawatts electric, or 37.6 million watt-hours, Liao said, adding that the estimated capacity can meet the annual power consumption of Jinshan residents.