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According to the "World Energy Transition Outlook 2023" report released by the International Renewable Energy Agency (IRENA) in June 2023, to meet the goal of limiting global warming to below 1.5°C by the end of this century, electricity will account for more than 50% of global final energy consumption by 2050, making it the largest energy carrier. Additionally, the "World Energy Outlook 2023" report published by the International Energy Agency (IEA) in October 2023 indicated that global electricity demand will increase by over 80% by 2050. In Taiwan, the Ministry of Economic Affairs released "2022 National Electricity Supply and Demand Report" in June 2023, which noted that due to factors such as the continued expansion of demand in the semiconductor industry and emerging technologies (like AI), electricity demand is expected to keep growing. From 2023 to 2029, domestic electricity demand is projected to grow at an average annual rate of 2.03%, while peak load is expected to grow at an average annual rate of 2.04%. Furthermore, the National Development Council presented "Taiwan’s Pathway and Strategies to Net-Zero Emissions in 2050" report” in March 2022, which also projected an annual electricity demand growth rate of 1.5% to 2.5% from 2019 to 2050. According to the revised "Electricity Act," which was promulgated on January 26, 2017, significant structural changes were made to the electricity market and regulatory system, opening a new chapter in Taiwan’s energy transition. Moreover, after the passage of the "Draft Amendment to the Renewable Energy Development Act" in May 2019, Taiwan officially opened its green electricity sales market in 2020. The "Renewable Energy Obligation for Large Electricity Users" was also finalized and implemented by the end of 2020. Taiwan Power Company (Taipower) launched its non-traditional power unit participation in auxiliary services in 2020, and the energy storage services market gradually began to develop. In November 2021, the electricity trading platform was officially launched, providing a solid foundation for the gradual transformation of Taiwan's electricity sector toward a market-oriented electricity trading system.
 

Based on the above statistical data and projection, it is evident that both Taiwan's and global electricity consumption are increasing year by year and will continue to grow in the future. Electricity has already become an essential energy source for sustainable development.

Currently, general education textbooks in Taiwan’s universities and popular science books about energy or electricity primarily explain the principles of converting specific types of energy into electricity and their related applications, without providing a comprehensive and systematic introduction to topics such as electricity generation, electricity management, power source development, electricity supply and demand scheduling, and electricity trading. To address this gap, the foundation has commissioned the Taiwan Electric Power Association (TEPA) to compile a book titled "Review and Prospects of Taiwan's Electric Power Transformation." TEPA invited experts with many years of experience in the electricity industry to serve as lead authors. The book consists of six chapters, covering topics such as electricity management regulations, electricity supply and demand scheduling, renewable energy, grid resilience, emerging energy technologies, and the circular economy. Chapters 1-4 draw from the relevant sections of TEPA’s annual publications, while Chapters 5 and 6 focus on collecting and analyzing information from both domestic and international sources. This book is not only suitable as textbook material for general education courses in university programs such as electrical engineering, electronics, and information technology, but also serves as a valuable reference for professionals working in the electricity sector.