Key Market Indicators
Taiwan's electricity generation is projected to climb to approximately 311 terawatt-hours by 2028, up from about 293 terawatt-hours in 2023. This marks an annual growth rate of nearly 1%. Since 1990, Taiwan's electricity supply has increased at an average annual rate of around 1.2%. In 2023, Taiwan ranked 17th globally in electricity generation, with Spain narrowly surpassing it at the same level of 293 terawatt-hours. The top three countries in electricity generation for 2023 were the United States, India, and Russia, respectively.