Revised renewables rules get go-ahead in Taiwan

The state will be responsible for generation facilities with capacities over 2,000kW whilst anything below will be handled by local governments.

Taiwan greenlighted amendments to the Renewable Energy Development Act involving the nation’s goal of 27GW of renewable energy capacity by 2025, the Taipei Times reports.

The Ministry of Economic Affairs (MOEA) will review the renewable energy development goals for next year and 2021. Moreover, to achieve the 2025 goal, local governments will evaluate the development potential of renewables in their jurisdiction and have the ability to build power generation facilities of up to 2,000kW.

MOEA will be responsible for facilities with a capacity larger than 2,000kW.

MOEA will also set up a renewable energy fund using proceeds from fees imposed on non-renewable energy retailers and entities.

Moreover, cities or countries that are home to state-run renewables facilities will receive a fraction of the profits from clean energy sales.

Photo by Voice of America, Public Domain