The first batch of allocated projects for Taiwan's offshore wind Round 3.1 concluded at the end of June 2023 with two project owners having signalled that they signed administrative contracts by the deadline and three further project owners obtaining an extension of two months, until the end of August to find a solution to sign off. This will mean that the capacity of the first projects to be connected to the grid by 2026/27 will fall somewhere between 995MW and 2,335MW, short of the 3,000MW that had been awarded at the end of last year. Taiwan's shortage of renewables and the challenge of achieving its short and midterm net zero targets will thus continue. A timely Round 3.2 will offer a new opportunity to catch up by 2028/29 but there is still work to do to attract bidders.
By Jason Wang and Raoul Kubitschek