TASS2024 Geothermal Energy: Taiwan’s Hidden Treasure of Green Power
In Taiwan’s journey towards renewable energy development, wind and solar power have long been the two major forces. However, geothermal energy is gradually emerging and is expected to become the third largest source of green electricity. Geothermal power generation is one of the few energy sources that can serve as a stable base load, with a capacity factor of up to 90%, and its levelized cost of electricity is lower than that of solar and wind power. As a clean renewable energy source, geothermal energy can effectively reduce air pollution caused by power generation, improve carbon emissions, and generate economic…