Foreign investors in wind power wait and see period 3-4. Economic minister: The Political Yuan has launched an inventory of sea areas

The offshore wind power block development phase 3-3 business selection deadline ended on the 30th of last month. Only two developers submitted bids. Compared with the competition in the past, the bidding status of this phase is much deserted. Recently, it has been reported that developers who have previously withdrawn from the Taiwan market may make a comeback and are waiting to see the selection mechanism for the next phase. Minister of Economic Affairs Gong Mingxin said today (8th) that the Ministry of Economic Affairs is still in contact and discussing channels with willing developers, and the Executive Yuan has instructed an inter-ministerial meeting to take stock of the sea space that can be developed.

The two developers bidding for Phase 3-3 are Wo Xu Energy with its Dadu No. 1 wind farm, and Copenhagen Infrastructure Fund (CIP) with its Miemmio No. 3 wind farm. However, the two wind farms of Wo Xu and CIP overlap, and the two European wind power leaders meet in a narrow sea. However, there will only be one successful bidder in the end. After any wind farm is allocated, plus the upper limit of 50% expansion capacity, it will not reach half of the 3.6GW of installed capacity released in this phase.

Regarding the comments on the status of this tender, Gong Mingxin only briefly stated that it is still in the process of review and it is difficult to comment. He will discuss it after the results are released.

In addition, a foreign developer that announced its withdrawal from the Taiwan market many years ago actually still maintains an office in Taiwan and continues to exchange opinions with its affiliated industrial and commercial associations. The wind power circle speculates on its intention to bid for the next 3-4 phases.

Talking about whether the Ministry of Economic Affairs continues to maintain contact and discussions with developers who have participated in Taiwan's offshore wind power market in the past and understand their bidding intentions, Gong Mingxin said that the Ministry of Economic Affairs will continue to discuss issues related to offshore wind power with interested developers. Vice President of the Executive Yuan Cheng Lijun has instructed an inter-ministerial meeting to take stock of the maritime space. In this regard, the Ministry of Economic Affairs will continue to liaise with foreign investors and local developers.