Taipower’s Round 1 auction, which offered 10 million kilowatt hours of small-amount green energy, was undersubscribed, with only 50 companies bidding for 360 contracts and resulted in 47 winners.
Small and medium-sized enterprises (SMEs) showed little interest, accounting for only 20% of the bidders. Some private sectors believe that the small amount of green energy cannot meet demand from SMEs, and with limited offers and the highest bidder always wins, the costs of green energy remain high.
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Taipower’s Changhua Coastal solar park (Photo: Ministry of Economic Affairs)
Winning bid prices remain high for SMEs
According to Taipower, the Round 2 auction for small-amount green energy will be held on Nov. 15, which will offer an additional 100,000 kWh of green energy. The winning bid prices in the first round of auction averaged at NT$4.9-5.5/kWh, a level that was believed by Greenpeace too high, compared with the FIT rate of NT$3.868/kWh for ground-mounted PV published by the Bureau of Energy for the second half of the year.
