Phase III of Taiwan’s offshore wind auction kicks off with four projects ready to bid

August 18, 2022
 | 
2 min read
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Four offshore wind projects are fully approved to compete in the Phase III auction in Taiwan, which kicked off the 16th of August. Another ten projects are in the process of getting the required EIA approval.

Phase III of Taiwan's offshore wind auction will allocate site leases totaling 3 GW along with support for the winning projects in the form of 20-year feed-in-tariffs. Developers with approved project EIAs can submit their bids until the 30th September. 

Fourteen offshore wind projects began the EIA approval process in the spring of 2022.

Ørsted and wpd get first projects approved

Last week, Ørsted and WPD were able to pop the champagne, as each developer received final approval for two projects.

While these four projects can now participate in Taiwan's offshore wind auction, a further ten projects are still waiting for their final EIA approval. The projects must get recommended for approval by a technical EIA review committee, before the final EIA approval is obtained from a broader, joint review committee. It is unclear if they will be able to participate in the auction without the final approval.

The map provides an overview of the fourteen projects’ current status in the EIA approval process.

Aegir Insights’ offshore wind market reports are continuously updated with key developments and regulatory changes. Reach out to us to learn about Aegir Insights’ market intelligence service. We are covering global offshore wind regions, including activities in Taiwan, South Korea, Japan and more.

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