The Ministry of Economic Affairs (MOEA) has completed the necessary application guidelines for a program allowing companies to develop offshore wind power. The ministry plans to start accepting applications starting Jan. 1 next year, according to the Economic Daily News.
The program to develop offshore wind power, entitled the "Program for the First Stage Installation of Offshore Wind Power Generation Facilities", was drafted by the MOEA Bureau of Energy (BOE).
During the first-stage of the program, companies will be able to build wind power turbines in six main areas along Taiwan's coasts. Up to 300,000 kilowatts of power are expected to be developed, bringing in least NTD 40 billion in business opportunities. Most of the wind turbines will be built along Taiwan's western coast and Penghu, one of the ROC's largest outlying island territories.
China Steel, Formosa Heavy Industries Corp, and TECO are all actively looking into entering the business, according to reports.
In the future, applicants wishing to build offshore wind turbine systems will be held to a threshold of at least 2,000 hours per year, and 4,000 per year in Penghu. The BOE draft regulations define 'offshore' as sensitive tidal flats clear of high-water and low water marks, and focusing on ocean areas outside of low water marks. Companies receiving permission to develop are required to complete their facilities within three years, or lose their permission to continue development.
As for electricity rates for offshore wind power generation, the MOEA plans to wait until a set of draft regulations on renewable energy has been passed next year to determine prices. After passage, the current price of land-based wind-generated electricity will be raised from NTD 2 to NTD 2.7 per kilowatt-hour.
Wind power generation is part of the government's active efforts at promoting renewable energy, and land wind power generation will continued to be developed in order to encourage private companies to invest in wind power generation, said the MOEA.
With currently 121 stations already completed, the MOEA looks to encourage private investors to develop approximately 699,000 kilowatts of power. The ministry projects that in 2010, domestic wind power generation volume could reach over 1.223 million kilowatts with a yearly generation of 3.3 billion kilowatt-hours, providing one year's worth of power to nearly 825,000 households.
News Resource: http://investintaiwan.nat.gov.tw/en/news/200709/2007090701.html
The program to develop offshore wind power, entitled the "Program for the First Stage Installation of Offshore Wind Power Generation Facilities", was drafted by the MOEA Bureau of Energy (BOE).
During the first-stage of the program, companies will be able to build wind power turbines in six main areas along Taiwan's coasts. Up to 300,000 kilowatts of power are expected to be developed, bringing in least NTD 40 billion in business opportunities. Most of the wind turbines will be built along Taiwan's western coast and Penghu, one of the ROC's largest outlying island territories.
China Steel, Formosa Heavy Industries Corp, and TECO are all actively looking into entering the business, according to reports.
In the future, applicants wishing to build offshore wind turbine systems will be held to a threshold of at least 2,000 hours per year, and 4,000 per year in Penghu. The BOE draft regulations define 'offshore' as sensitive tidal flats clear of high-water and low water marks, and focusing on ocean areas outside of low water marks. Companies receiving permission to develop are required to complete their facilities within three years, or lose their permission to continue development.
As for electricity rates for offshore wind power generation, the MOEA plans to wait until a set of draft regulations on renewable energy has been passed next year to determine prices. After passage, the current price of land-based wind-generated electricity will be raised from NTD 2 to NTD 2.7 per kilowatt-hour.
Wind power generation is part of the government's active efforts at promoting renewable energy, and land wind power generation will continued to be developed in order to encourage private companies to invest in wind power generation, said the MOEA.
With currently 121 stations already completed, the MOEA looks to encourage private investors to develop approximately 699,000 kilowatts of power. The ministry projects that in 2010, domestic wind power generation volume could reach over 1.223 million kilowatts with a yearly generation of 3.3 billion kilowatt-hours, providing one year's worth of power to nearly 825,000 households.
News Resource: http://investintaiwan.nat.gov.tw/en/news/200709/2007090701.html
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