State of Idaho and Taiwan to cooperate on geothermal energy

State of Idaho and Taiwan to cooperate on geothermal energy Beitou hot spring, Taipei, Taiwan (source: flickr/ Wunkai, creative commons)
Alexander Richter 29 Apr 2013

The U.S. state of Idaho and Taiwan recently signed a memorandum of understanding on cooperation in clean energy development, with an initial focus on geothermal.

Earlier last week, news from Taiwan report that the country’s “Ministry of Economic Affairs (MOEA) and the U.S. state of Idaho signed a Memorandum of Understanding (MOU) in Taipei to cooperate in developing the green energy industry.

Shen Jong-chin, director-general of the Industrial Development Bureau under the MOEA signed the deal with Jeff Sayer, director of the Idaho Department of Commerce, witnessed by Minister of Economic Affairs Chang Chia-juch and Idaho Governor Butch Otter.

The cooperation is to be a basis for the exchange of technologies, with an initial focus on geothermal energy.

For example, Taiwan’s CPC Corp. has geothermal experience, while Yuen Foong Yu Group, which produces cogeneration energy, has also expressed interest in developing technology in the field, it said.

The bureau said seven Taiwanese institutions, including CPC, the Industrial Technology Research Institute and National Taipei University of Technology, will carry out projects to develop the industry with U.S companies, national labs and research centers there.

Idaho currently has one operating geothermal power plant, the 16 MW Raft River plant of U.S. Geothermal.

The cooperation will also “be eyeing the Southeast Asian geothermal market, which is worth an estimated US$45 billion per year, said Steve Lin, executive secretary of the Taiwan-USA Industrial Cooperation Promotion Office.

C.K. Liu, chairman of TECO Electric and Machinery Co., Ltd., Chung Tzu-chiang, chairman of Tang Eng Iron Works Co. Ltd., and other representatives from local firms, also attended the signing ceremony and signed various MOUs with the U.S officials.”

Source: Focus Taiwan