Renewable energy suppliers will soon be able to apply for distribution permits to speed up the development of nation’s renewable energy industry, the Ministry of Economic Affairs said yesterday.
“Power distributors will be able to start applying for permits to transmit and distribute power from renewable energy suppliers to customers at the end of next month at the earliest,” Bureau of Energy official Lee Chih-yuan (李志遠) told reporters at the ministry.
Renewable energy suppliers can finally start selling electricity to customers, Lee added.
The legislature in January passed the amended Electricity Act (電業法), which allows renewable energy suppliers to sell electricity to enterprises and households, instead of only selling power to Taiwan Power Co (Taipower, 台電).
Under the amended regulations, distributors would pay less when using Taipower’s grid if they are transmitting renewable energy.
The ministry yesterday approved the discount ranges, Lee said.
For instance, the fee for transmitting solar power on Taipower’s grid is to be NT$0.0108 to NT$0.0169 per kilowatt-hour (kWh), compared with NT$0.2861 to NT$0.4462 per kWh for coal-fired electricity, Lee said.
Renewable energy suppliers can also choose to build their own direct lines, for which they are only required to pay power dispatching and assisted service fees to Taipower, Lee said.
Lee said the ministry would review and adjust the pricing mechanism for renewable and non-renewable energy sources on an annual basis.
Sweeping policy changes under US Secretary of Health and Human Services Robert F. Kennedy Jr are having a chilling effect on vaccine makers as anti-vaccine rhetoric has turned into concrete changes in inoculation schedules and recommendations, investors and executives said. The administration of US President Donald Trump has in the past year upended vaccine recommendations, with the country last month ending its longstanding guidance that all children receive inoculations against flu, hepatitis A and other diseases. The unprecedented changes have led to diminished vaccine usage, hurt the investment case for some biotechs, and created a drag that would likely dent revenues and
Macronix International Co (旺宏), the world’s biggest NOR flash memory supplier, yesterday said it would spend NT$22 billion (US$699.1 million) on capacity expansion this year to increase its production of mid-to-low-density memory chips as the world’s major memorychip suppliers are phasing out the market. The company said its planned capital expenditures are about 11 times higher than the NT$1.8 billion it spent on new facilities and equipment last year. A majority of this year’s outlay would be allocated to step up capacity of multi-level cell (MLC) NAND flash memory chips, which are used in embedded multimedia cards (eMMC), a managed
CULPRITS: Factors that affected the slip included falling global crude oil prices, wait-and-see consumer attitudes due to US tariffs and a different Lunar New Year holiday schedule Taiwan’s retail sales ended a nine-year growth streak last year, slipping 0.2 percent from a year earlier as uncertainty over US tariff policies affected demand for durable goods, data released on Friday by the Ministry of Economic Affairs showed. Last year’s retail sales totaled NT$4.84 trillion (US$153.27 billion), down about NT$9.5 billion, or 0.2 percent, from 2024. Despite the decline, the figure was still the second-highest annual sales total on record. Ministry statistics department deputy head Chen Yu-fang (陳玉芳) said sales of cars, motorcycles and related products, which accounted for 17.4 percent of total retail rales last year, fell NT$68.1 billion, or
In the wake of strong global demand for AI applications, Taiwan’s export-oriented economy accelerated with the composite index of economic indicators flashing the first “red” light in December for one year, indicating the economy is in booming mode, the National Development Council (NDC) said yesterday. Moreover, the index of leading indicators, which gauges the potential state of the economy over the next six months, also moved higher in December amid growing optimism over the outlook, the NDC said. In December, the index of economic indicators rose one point from a month earlier to 38, at the lower end of the “red” light.
RSS