Taiwan and Australia stage the 29th Joint Energy and Minerals, Trade and Investment Cooperation Consultations Aug. 28 in Kaohsiung City. (Courtesy of MOEA)
 

The 29th Taiwan-Australia Joint Energy and Minerals, Trade and Investment Cooperation Consultations was staged Aug. 28 in the southern city of Kaohsiung, signifying the steadily increasing links between the two nations, according to the Ministry of Economic Affairs.

Yu Cheng-wei, director general of the MOEA’s Energy Administration, and senior officials of Australia’s Department of Industry, Science and Resources served as co-chairs for the meeting, where a total of 17 officials and experts shared insights into energy and resource policies, low carbon emissions technologies, and cooperation on minerals and energy resources. Attendees included representatives from the academic, government and industrial sectors.

Speaking at the forum, Yu said that Taiwan’s current energy transition policy emphasizes the development of diverse green energy and the advancement of energy efficiency, as evidenced by the continuous promotion of solar and wind power, along with new sources such as geothermal energy. He also mentioned that an agreement on developing green hydrogen has been signed between the two countries, adding that Taiwan will continue to deepen bilateral partnership in energy security.

During the consultations, the two sides reached consensus on a variety of issues and inked a strategic partnership initiative. Other discussions encompassed investment in liquefied natural gas, potential cooperation in low carbon emission technologies and a collaborative plan to facilitate the promotion of clean hydrogen energy, the EA added.

Taiwan and Australia share the common goals of expediting the utilization of renewable energy and the fulfillment of net-zero emissions. Faced with ever changing global conditions, Taiwan holds to its vow of creating a mutually beneficial relationship with Australia, the EA concluded. (POC-E)