Water Supply-Demand and Transferring Compensation Fee

Reliable water availability has been termed “water security”, defined as “the availability of an acceptable quantity and quality of water for health, livelihoods, ecosystems and production, coupled with an acceptable level of water-related risks to people, environments and economies.” Water is a mostly important resource for Taiwan, an island surrounded with Taiwan Strait and the Pacific Ocean. Three main utilizations of water are for livelihood, agriculture, and industry. Three properties of water are quantity, quality, and water right. Three control factors are sufficient for quantity, stable for quality, and fair for distribution. In the seriously global climate change, the conjunction uses for surface water and groundwater will be the long-term strategy, while the compensation for transferring the water volumes from agriculture to industry is a short-term purpose. In this article, the water supply-demand of Taiwan from 2010 to 2019 will be discussed and the example of 2016, a significant period, are given. Here, the calculation of compensation fee for transferring the water volumes from agricultural purpose to industrial utilization is also presented.