But the island will have to keep both priorities and decarbonise its AI sector. At a press conference before its energy trade show now delayed by a typhoon, industry players touted battery storage as key to meeting Taiwan's renewables expansion needs.
Several big insurers have pulled out of the coal business due to their exclusion policies in recent years. The investor group's regional network plans to start persuading these players to consider covering early retirement transactions.
Experts say that rerouting subsidies and implementing a better tender process for renewables can help Indonesia reduce its dependence on coal and other fossil fuels.