Taiwan utility expands green power sales as firms seek renewable supply

New short-term and one-year products aim to help companies meet ESG and supply-chain requirements.

A view of the capital of Taiwan, Taipei
A view of the capital of Taiwan, Taipei. Image: Jimmy Liao on Piexels

Taiwan’s state-owned power utility has begun selling new short-term green electricity products, aiming to meet rising corporate demand for renewable energy amid supply chain and environmental, social and governance (ESG) pressures.

Green power products in Taiwan allow companies to purchase electricity generated from renewable sources – such as solar and wind – that is transferred through Taipower’s grid and certified as renewable consumption. While the physical electricity delivered through the grid is mixed, the purchase enables companies to claim the associated renewable energy usage for carbon accounting, supply chain compliance or ESG reporting purposes.

Taiwan Power Company, known as Taipower, said on Thursday that the 2026 small volume green power programme introduces two new options: a one-year contract and a flexible “selected month” product sold in two-month blocks. Companies can combine both products under the same electricity account to better match short- and long-term power needs.

Unlike previous rounds, which relied on competitive bidding, this year’s sales adopt an application-based system. Companies can apply directly through Taipower’s regional offices, and the utility said there would be no overall volume cap.

“We guarantee supply as long as companies apply,” Taipower spokesperson Huang Meilian said, adding that the utility expects to sell about 10 million kilowatt-hours of green electricity this year, depending on market demand.

The renewable electricity will be sourced from Taipower’s self-developed solar and wind projects, including solar farms in southern Taiwan, facilities in the Changhua coastal industrial zone and the utility’s first phase of offshore wind power.

Under the selected-month product, companies can choose specific two-month supply periods such as February–March, March–April or November–December. Monthly supply is capped at 100,000 kilowatt-hours and priced at NT$6.3 (US$0.2) per kilowatt-hour.

The one-year product is offered in two formats. A daytime-only option, matched with solar power and available from 7 a.m. to 5 p.m., is priced at NT$5.8 (US$0.18) per kilowatt-hour. A full-day option, combining solar and wind power and covering all hours, is priced at NT$6 (US$0.19) per kilowatt-hour.

Applications for the one-year product open immediately, with supply starting on the first day of the month following approval and running until 29 February next year.

Companies can apply in units of 10,000 kilowatt-hours. The selected-month product is capped at 100,000 kilowatt-hours per month, while the one-year product allows between 10,000 kilowatt-hours and up to 1 million kilowatt-hours annually, with firms able to set their own monthly supply limits.

Taipower said the new scheme would not affect existing green power contracts, which will continue under their original terms.

Huang said manufacturing firms account for most buyers of small-volume green power, often driven by supply-chain requirements from overseas clients or pilot purchases, followed by financial institutions seeking to meet ESG targets.

Taipower first launched small-volume green electricity sales in 2023 and expanded the offering in 2024 to include offshore wind power and additional product variations. Strong demand in earlier bidding rounds prompted the utility to shift to fixed-price, application-based sales and introduce more flexible supply options this year, according to Huang.

The island’s power mix remains dominated by fossil fuels, with renewables accounting for a relatively small share of total generation. The government has prioritised expanding solar and offshore wind capacity as part of its energy transition, while many export-oriented companies face growing pressure from global customers to source renewable power.

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