The target to boost renewable energy to 20 percent of Taiwan’s consumption has been extended by one year to 2026, as the deployment of offshore wind turbines has been slowed by the COVID-19 pandemic and a large number of typhoons this year, the Ministry of Economic Affairs said.
“Our renewable energy program might take seven to eight years to implement, also considering that most green energy systems begin to generate electricity one year after they are installed. So, we expect progress to be delayed by about one year,” Deputy Minister of Economic Affairs Tseng Wen-sheng (曾文生) told reporters on Thursday.
Contracts with offshore wind energy developers carry a one year grace period to 2026, Tseng said, adding that construction and installation of the projects is progressing smoothly.
Photo courtesy of Formosa II Wind Power Co
About 188 offshore wind turbines have been installed so far this year, although 200 units were planned.
Solar energy developers achieved this year’s target to install a capacity of 2.5 gigawatts (GW), the ministry said.
However, given delays in previous years, total solar capacity installed has fallen short of the ministry’s expectation of 11.25GW by the end of this year.
Asked whether the ministry plans to expand the multi-year green energy budget of NT$900 billion (US$29.31 billion) to 2030, Tseng said the government is seeking private funding for renewable energy deployments.
Taipei’s budget is to be spent mainly on boosting grid resilience, he added.
State-run Taiwan Power Co (Taipower, 台電) plans to spend more than NT$500 billion to improve its electricity grids over the next 10 years, Tseng said.
The ministry yesterday issued an updated list of offshore wind energy developer’s and their capacity allocations as part of the Offshore Wind Power Zonal Development 2022 project.
Six offshore wind power developers, including Copenhagen Infrastructure Partners K/S and Corio Generation, have won bids to develop 3GW of wind energy that is to enter the power grid in 2026 or 2027, the ministry said.
Four other successful bidders are Northland Power Inc (北陸能源), Synera Renewable Energy Co (風睿能源), Taiya Renewable Energy Co (台亞風能) and Skyborn Renewable Taiwan Co (天豐新能源).
Taiya, the only Taiwanese-owned offshore wind energy developer awarded the capacity allocation, said it also plans to join the government’s “floating wind” and zonal development projects next year.
Taiya has been allocated to generate 4GW, it said.
The ministry plans to auction another 3GW of capacity for new offshore wind farms, and another 3GW are to be developed in 2024.
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