Over the past decade, nuclear energy generation in Taiwan has shown an overall declining trend, with a significant downturn from 41.64 Terawatthours in 2013 to 22.82 Terawatthours in 2023. This represents an approximate halving of nuclear energy output during this period. Between 2013 and 2017, the year-on-year variations were particularly notable with sharp declines in 2015 and 2017. Although there were slight improvements in 2018 and 2019, these increases were not sufficient to reverse the overall downward trend. Since 2019, fluctuations have continued but the general decline in nuclear output has persisted with lower numbers year on year, including a 3.94% decrease from 2022 to 2023.
Given the forecast data, Taiwan’s nuclear energy generation is expected to continue its downward trajectory, declining to 19.08 Terawatthours by 2028. This suggests a five-year compound annual growth rate (CAGR) of -2.77%, indicating a steady reduction in reliance on nuclear power over the forecast period.
Future trends to watch for:
- Potential policy shifts towards renewable energy sources and their impact on nuclear energy generation.
- Technological advancements in nuclear energy that might reverse or mitigate the declining trend.
- Public opinion and regulatory environment influencing nuclear energy policy decisions.
