Hogan Lovell OffshoreBook 2023 230809 OnlinePDF - Flipbook - Page 253
Offshore Wind Worldwide 2023
253
1. STATE AND FUTURE OF
OFFSHORE WIND PROJECTS
The Taiwan government’s policy regarding
offshore wind has been evolving in recent
years. In February 2012, the government
announced the Thousand Turbines Program
("Program"; 千架海陸風力機計畫) which set
to develop 4GW of offshore wind power by
2030. Under the Program, the development
of offshore wind power is divided into three
phases, with a total target of 10GW.
Later, the Four-Year Offshore Wind Promotion Program (風力發電4年推動計畫)
was announced in August 2017, and the
policy goal for offshore wind development
became 3GW by 2025, while the three-phase
development scheme remained.
1
According to the Renewable Energy Development Act (再生能源發展條例; "RED
Act") last amended in May 2019, the
targeted total renewable energy capacity by
2025 has been lifted from 10GW to 27GW.
Thereafter, the Ministry of Economic Affairs
(MOEA) announced the development objectives for renewable energy, the percentage of each category of renewable energy and
the development plan and proposal thereof
for up to the year of 2025. With respect
to offshore wind, the cumulative capacity
is targeted to reach 2.67GW by 2020 and
5.73GW by 2025.1
To reaffirm Taiwan government’s policy
position to encourage more investment in
the development of OWF projects in Taiwan,
the MOEA has officially announced the
development goal of a further allocation of
15GW during 2026-2035, each year allocating
1.5GW, instead of previously planned 1GW
per year.
Announcement of the MOEA (No. Jing-Neng-Tze_10804603910) dated 9 September 2019.10804603910.
