Danish firm Orsted has been given an establishment permit by Taiwan's bureau of energy for its 900 MW Changhua 1 and one offshore wind project, scheduled for commissioning in 2021. A final investment decision on the scheme will be made depending on the achievement of other objectives, including supply contract renegotiation and securing a power purchase agreement. The permit decision followed the Taiwanese authorities' announcement of 2019 feed-in tariff rates. They offered a choice between a 20-year flat rate of TWD5,516 (€157) per MWh and 2a of TWD6,279.5/MWh for the first decade, followed by TWD4,141.2/MWh.
Danish firm Orsted has been given an establishment permit by Taiwan's bureau of energy for its 900 MW Changhua 1 and 2a offshore wind project, scheduled for commissioning in 2021. A final investment decision on the scheme will be made depending on the achievement of other objectives, including supply contract renegotiation and securing a power purchase agreement. The permit decision followed the Taiwanese authorities' announcement of 2019 feed-in tariff rates. They offered a choice between a 20-year flat rate of TWD5,516 (€157) per MWh and one of TWD6,279.5/MWh for the first decade, followed by TWD4,141.2/MWh.