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Taiwan to Add 5GW of Offshore Wind

By 26 August, 2019 No Comments

The Taiwanese Ministry of Economic Affairs (MOEA) is expected to release a regulatory draft of the 5GW third-stage allocation for post-2026 development. The draft was previously expected by the end of 2019, but was brought ahead of schedule to October, and now August.

More than 20 companies are interested in the allocation which is expected to be highly competitive, with bids from previously awarded developers and those who missed out. In 2018, two rounds awarded 3.84GW and 1.66GW amongst seven Taiwan offshore wind developers, leaving 4.5GW of proposed projects without approval.

Previously MOEA was considering a drip-feed approach of 1GW a year but manufacturers cite the added value of a one-off auction of 5GW.

MOEA’s Industrial Development Bureau is expected to increase the local content but manufacturers are concerned that this requirement isn’t feasible and projects will require international teams to help develop the local talent.

Taylor Hopkinson are currently recruiting for Taiwan offshore wind jobs.

Source: Recharge