Subsidies pave the way as cheap cells squeeze Taiwan's energy storage players into a profit battle

With Taiwan's electricity prices poised to rise, large power users set to bear the brunt, and the government planning to broaden the definition of large power users, pairing electricity supply with energy storage has become a global trend. However, as Taiwan's energy storage market faces competition from low-cost lithium battery cells, whether government subsidies can translate into actual profits has become a focus for many local supply chains.