Study on cross-strait energy cooperation under the new circumstance

The paper systematically reviews the conditions of energy supply and demand in Taiwan and further investigates the energy issues it has been confronted with as well as its objective of energy policy adjustment. In view of the trend of supply-side reform in mainland China energy sector under the New Normal economy and the background of the “Belt and Road” initiative, the paper points out the significance and development prospects of cross-strait energy cooperation. Main contributions of this paper are: by forecasting the future trend of power demand growth in Taiwan, the power shortage in the future of Taiwan is analyzed. On this basis, the paper analyzes the existing contradictions between Taiwan's energy transition policy and its current problem of power shortage, and the feasibility as well as the significance of electricity transmission to Taiwan for the first time.