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Taiwan eases green energy purchase rules for businesses

Reporter TVBS News Staff
Release time:2024/09/23 11:25
Last update time:2024/09/23 15:24
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Taiwan eases green energy purchase rules for businesses (Shutterstock) Taiwan eases green energy purchase rules for businesses
Taiwan eases green energy purchase rules for businesses (Shutterstock)

TAIPEI (TVBS News) — The Ministry of Economic Affairs (MOEA, 經濟部) announced on Sunday (Sept. 22) that green energy users can buy green energy based on their needs.

Media reports indicate that TSMC (台積電) purchased about 60% of green energy transactions last year, dominating the market and potentially hindering small and medium-sized enterprises from achieving carbon neutrality.

 

To address the problem, the MOEA revised the initial project; green energy users will no longer need to purchase the entire output of a green power plant. Instead, users can buy green energy based on their needs, prioritizing those requiring more green energy.

The MOEA explained that Taiwan's renewable energy development focuses on offshore wind and solar power. Offshore wind power has reached 3 GW, with a target of 5.6 GW by 2026.

The MOEA further noted that solar power has achieved 13.6 GW and aims for 23 GW by 2026. The government plans to regulate new buildings to install rooftop solar panels and promote fishery-electricity symbiosis.
 

Large domestic enterprises have already purchased 7.5 billion kWh of green electricity annually from offshore wind farms from 2025 to 2026. The MOEA expects this proportion to increase in the next two years, making green energy transactions more active.

The MOEA emphasized that the progress of green energy initiatives lagged due to the pandemic, wars, and inflation. However, the government remains committed to addressing these challenges efficiently.

Taiwan Affairs

#green energy# renewable energy# solar power# offshore wind# carbon neutrality# green electricity# TSMC green energy# Taiwan renewable energy development# rooftop solar panels regulation# fishery-electricity symbiosis promotion

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