China Petroleum Coporation of Taiwan (CNPC Taiwan) signed a MoU with Academia Sinica and National Central University for a partnership concerning geothermal research, exploration and development technology collaboration.
The MoU comes in response the Taiwanese Government’s energy and transformation policy as well as the desire to actively promote research and development of green energy and carbon reduction technologies across multiple industries.
In recent years, CNPC China has been searching for collaboration teams in order to cooperate with the national energy transformation policy. Academia Sinica is the country’s highest academic research institution, housing the Institute of Geosciences which masters advanced geological, geochemical and geophysical related survey data and analysis technologies. Central University has the School of Geosciences and the Carbon Sequestration and Geothermal Research Center.
The collaborative aim is to promote geothermal research and exploration technology within Taiwan in a bid to be net-zero by 2050.