Taiwan’s Ministry of Economic Affairs (MOEA) has introduced a new program to provide small and medium enterprises (SMEs) with affordable green electricity, aiming to facilitate their transition toward net-zero emissions. The initiative, announced by the Bureau of Standards, Metrology and Inspection (BSMI) on July 6, will offer solar power at a floor price of NT$4.3 per kilowatt-hour (kWh) through a competitive bidding process. Pre-registration for eligible SMEs opens on July 7 via the National Renewable Energy Certificate Center (T-REC) platform.
Program Details and Eligibility
The program targets SMEs defined under Taiwan’s SME Identification Standards, which include businesses with fewer than 200 employees or annual revenues below NT$100 million. To participate, enterprises must first register as T-REC members and submit documentation proving their electricity demand. The pre-registration period runs from July 7 to July 27, providing businesses with three weeks to prepare necessary materials.
Following pre-registration, the BSMI will verify applicant qualifications before the public auction scheduled for August 18. Successful bidders will be notified by September 1 and must finalize contracts with power suppliers to complete the process. The program allows enterprises that have already purchased green electricity but have not yet met the 30% annual consumption threshold to participate, enabling them to gradually increase their renewable energy usage.
Pricing and Supply Source
The NT$4.3/kWh floor price represents a significant reduction compared to Taiwan’s average industrial electricity tariff, which ranges from NT$6.5 to NT$8.0 per kWh. Commercial solar power purchase agreements (PPAs) typically cost between NT$6.0 and NT$9.0 per kWh. The electricity for this program is sourced from solar farms in the Changbin Industrial Park, a key renewable energy hub in central Taiwan.