Overview

Rewarding new ideas for energy solutions that will help Taiwan reduce energy consumption—and building the next generation of energy-minded citizens

The challenge

Ranking 57 in the Climate Change Performance Index 2021 among 61 countries, the island of Taiwan is reaching higher to offset greenhouse gases and integrate renewable energy. At the center of GE’s Innovation Challenge is the Taiwan Power Company.

The solution

The challenge, in partnership with Taoyuan City Government and Taiwan Power Company, is GE’s first in Asia, and will award over NT$1 million (~$35,000) to the winning ideas for the power sector’s decarbonization and reduced energy consumption.

Outcomes

Creating Collaboration for Taiwan Energy

NT$1 million

in prizes for Innovation Challenge

targeted natural gas power by 2025

projected renewable energy by 2025

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We expect that the GE Innovation Challenge will bring about new energy solutions and encourage the next generation to care more about Taiwan’s energy issues. Let’s create a better future for this beautiful island.

Chung Bin-li

TPC President

This healthy competition is in line with Taiwan's goals in energy reliability and a low-carbon future in the country. Taiwan Power Company has been supporting the island’s energy transformation with GE’s technologies and natural gas power to help reach the goal of 50% natural gas power generation and 20% renewable energy by 2025.

GE works with policy makers, industry experts, academia, and other key stakeholders to aid countries in strengthening their ecosystems through policy reform, the right market structures, and R&D. GE is keen to gather a community that generates ideas for the greener, future-ready, “global village” of Taiwan.

The Innovation Challenge invites participation from industry experts, academia, as well as the youth from Taiwan and abroad. Comprising two categories (the elite and student groups), winners of each category will be granted a cash prize to further develop their ideas: First place receives NT$250,000; second place receives NT$150,000; and third place receives NT$100,000.

In addition, a special prize of NT$10,000 each will be awarded to 10 students. Participants can submit their ideas here before the closing date of August 31: https://www.ge.com/power/en/tw/taiwan-innovation-challenge