Green Energy Supply Meeting Corporate Demand to Reach 55 Billion kWh by 2026

Today (30th), in response to parliamentary inquiries regarding NVIDIA's proposed establishment of a plant in Taiwan requiring 10 billion kWh of green energy, the Ministry of Economic Affairs (MOEA) stated that they are in close communication with all companies needing green energy and clarified that major AI companies have not formally presented this specific demand. The MOEA emphasized its active role in building green energy infrastructure in recent years and systematically assessing green energy supply and demand to fully meet corporate requirements.

The MOEA noted that current green energy development focuses on solar power and offshore wind energy, with installed capacities expected to reach 21 GW (approximately 25 billion kWh) and 5.6 GW (about 19 billion kWh), respectively, by 2026. Including hydropower, onshore wind, and biomass, green energy supply is anticipated to reach 55 billion kWh, ensuring domestic corporate needs are met. In addition to further advancing solar and offshore wind energy, future plans include accelerating the development of geothermal, hydrogen, and other diverse green energy sources. The MOEA will continue to assess corporate schedules for green energy usage to ensure the annual fulfillment of their energy demands.

To support companies in securing green energy to satisfy supply chain and ESG requirements, the MOEA has been actively building green energy infrastructure and establishing a green energy trading mechanism. This enables free-market transactions between suppliers and consumers and promotes "Guiding Green Energy into the Free Trading Market" on the supply side while executing "Diverse Measures to Enhance Matching" on the demand side, thus facilitating easier access to green energy for businesses of all sizes, including SMEs.

Regarding "Guiding Green Energy into the Free Trading Market," the MOEA has relaxed the approval requirements for self-use solar power plants, allowing direct market access. Taipower has also introduced smaller fixed-quantity green energy products suitable for SMEs, while offshore wind power will be available via a bidding process, with low bid prices allowing for resale to companies in need.

Regarding "Diverse Measures to Enhance Matching," the MOEA plans to establish a state-backed electricity sales company to enter into aggregate contracts with offshore wind developers. These will then be divided into smaller, short-term green energy products available to companies. A landlord bulk-purchase and allocation mechanism will also be introduced to assist SMEs without direct electricity accounts in commercial buildings in accessing green energy. To address SMEs' limited familiarity with green energy trading, a support team has been established to offer consultation services on green energy purchases, while green energy marketplaces will be organized to strengthen trade matching with green energy suppliers.