The development of green electricity has become an international trend and has become a rigid demand for domestic industries to export. It is crucial to Taiwan's overall economy and strategic position. Minister of Economic Affairs Wang Meihua pointed out that as the global demand for carbon reduction in the international supply chain accelerates, the EU carbon border adjustment mechanism will also be piloted in October. Large enterprises have set off a rush to buy green electricity, and small and medium-sized business owners are complaining that they "can't buy it", thus causing "carbon anxiety". For this reason, Taipower pointed out in September this year that it will plan to release some green electricity from its own renewable energy projects and launch small-package green electricity products of different quantities and years, such as 10,000 kWh and 50,000 kWh. It also held a "Small Green Electricity Sales Press Conference" this afternoon (13th) to explain the small green electricity product portfolio and bidding process, hoping to activate the renewable energy market and further assist small and medium-sized enterprises in obtaining green electricity.
Taipower Small Green Power Pilot Program
Taipower sells its own green electricity. The power projects include Taipower's Nanyan Photovoltaic and Changbin Photovoltaic, which have listed 50 million kWh of green electricity, with two types of power plans, 10,000 kWh and 50,000 kWh, with 1-year, 3-year, and 5-year terms, for a total of 6 combinations for companies to choose from. To maintain fairness, it will be publicly auctioned on the green electricity platform of the Bureau of Standards of the Ministry of Economic Affairs. The bid is expected to be awarded by the end of this year, and the sale will be transferred to the supply next year.
Plans to list 50 million kWh of green electricity on the green electricity trading platform in two phases
Phase 1: Expected to launch on October 25th, the 10,000-kWh product will offer 200 products, the 50,000-kWh product will offer 160 products, for a total of 360 products, generating 10 million kWh. Bids close on November 1st, with the final bid announced on November 6th.
Phase 2: Packaging and quantity are expected to be announced in early November. Products will be available on shelves on November 15, with bids closing on November 23 and the second round of bidding on November 28.
Pricing and sales methods
The sales will be primarily based on competitive bidding, with the floor price set at the bulk purchase rate applicable to photovoltaic projects, plus a certificate review fee. To ensure fairness, the auction will be conducted on the Bureau of Standards' Green Power Matchmaking Platform, with the highest bidder winning. Taipower's acting chairman, Tseng Wen-sheng, stated that because the final price is determined by market mechanisms, there is no risk of disrupting market conditions. Furthermore, the plan limits the number of units to one unit per bid, preventing large-scale purchases by a single user.
Enterprises qualified to bid
- Must have a successfully registered electricity purchasing member account on the Green Power Matchmaking Platform of the National Renewable Energy Certificate Center of the Bureau of Standards and have a registered unified number. Those with a registered national ID number are not eligible.
- A single account number is assigned to a single electricity supply number and can only bid for a single product.
- Bidders must fill in the electricity user information, which includes the account name, electricity number of the transferred electricity user, unified code and electricity address, and must be the same as the user information published by Taipower Company.
- The telephone number that won the bid for the first time shall not participate in the second bidding.
Taipower reminds that if the winning bidder's electricity transfer user's applicable electricity rate is non-time-of-day rates, they must cooperate in converting to time-of-day rates. Furthermore, after the contract is signed, the company will transfer and sell green electricity to the user starting from the transfer start date specified in the contract. The method of supplying electricity and its certificate will be handled in accordance with the contract.
Buyer bidding process and related key points
Before bidding, you need to register as a member on the T-REC official website and only participate in the bidding as an "enterprise"
Bidding Step 1. Log in to T-REC Membership
Bidding Step 2. Enter the "Bidding Page" → Click on the "Matching Transaction Area" → Select the "Green Power Transaction Announcement Area" → Click on the "State-owned Enterprise Case Renewable Energy Power and Certificate Bidding Area"
Bidding Step 3. Select the bidding session
Bidding Step 4. Before actually participating in the "bid", please be sure to download and confirm the "Bidding Instructions" to avoid being ineligible for bidding
Bidding Step 5. When bidding, there are two opportunities for modification and sorting. The "User Name" and "Electricity Address" must be exactly the same as the Taipower user information
Bidding Step 6. The system sends the "Bidding Opening Notice Letter". The winning member will actively contact the "Taipower District Office" to sign the contract based on the results of the winning notice letter
The Ministry of Economic Affairs pointed out that this tender has 6 types of products. Enterprises can choose 1 to 6 products according to their needs and rank them. After confirming that they are correct, click "Confirm Bid". After completion, a confirmation information window will pop up. After confirming that the information is correct, you can click "Confirm". Be sure to confirm. The tender will be awarded to the "highest bidder". The highest bid will be matched first, then the second highest bid, the third highest bid, the fourth highest bid, and so on.
Source: NOW news
