Taiwan’s Government unveils new renewable feed-in tariffs for 2023

17 Mar 2023

Taiwan’s Ministry of Economic affairs has announced new Feed-in Tariffs (FiTs) for renewable energy for 2023. The FiT rate for onshore wind parks remained unchanged at TWD7.4/kWh (US$24c/kWh) for parks under 30 kW but will be raised to TWD2.1/kWh (US$7c/kWh) for parks rated 30 kW and above. For offshore wind power, the rate is increased to TWD4.5/kWh (US$15c/kWh).

For hydropower, the new FiT rate for capacities under 500 kW is TWD4.9/kWh (US$16c/kWh), and for small hydropower plants ranging between 500 kW and 2 MW, the rate is TWD4.2/kWh (US$14c/kWh). The rate remains unchanged at TWD2.9/kWh (US$9c/kWh) for capacities above 2 MW.

For biomass energy, a new category, "Agricultural and forestry plant", was added with a rate of TWD3.1/kWh (US$10c/kWh). The FiT rate for power generated from anaerobic digestion facilities is increased to TWD7/kWh (US$23c/kWh), while the rate for non-anaerobic digestion facilities is kept the same at TWD2.8/kWh (US$9c/kWh). The FiT rate for geothermal power generation facilities below 2 MW is increased to TWD5.9/kWh (US$19c/kWh), while the rate for capacities over 2 MW remains the same at TWD5.2/kWh (US$17c/kWh).

The FiT rates also remain unchanged for solar (between TWD3.9/kWh and TWD5.9/kWh, or US$13-19c/kWh), agricultural and general waste (TWD5.1/kWh and TWD3.9/kWh; or US$17c/kWh and US$13c/kWh), and marine energy (TWD7.3/kWh or US$24c/kWh).

Register to receive our daily newsletter

Interested in Power Plants?

Enerdata has developed a market research service to screen, monitor and analyse the development of power generation assets.

Power Plant Tracker offers an interactive database and a powerful search engine covering power plants worldwide – including both installed and planned capacities for renewables and fossil fuels.

European Renewable Energy Report

Energy Support Policies in Europe

The European renewable report focuses on the different renewable energies for each country in Europe.
It covers the different support schemes used to promote renewable energy in for major sources of renewable energy: hydroelectricity, wind, solar, liquid biofuels for transportation, geothermal and oceanic sources (wave, tidal and thermal).

More information