Taiwan raises the offshore wind feed-in-tarrifs

Capt. John

The Ministry of Economic Affairs in Taiwan has set the new feed-in-tarrif (FiT) at  TWD 5.5160/kWh (EUR 0.156731/kWh) for the 20-year offshore wind Power Purchase Agreements (PPAs) signed in 2019. Also, Taiwan awarded a total of 5.5GW of offshore wind capacity in two separate tendering rounds in April and June 2018.

The wind project that sign their PPAs in 2019 will get TWD 6.2795/kWh during the first ten years of operation, and TWD 4.1422 for the remaining ten years.

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