• December 6, 2023 - Taipower’s Energy Trading Platform was honored by the National Development Council (NDC) at the 6th Government Service Award ceremony, winning the “Digital Innovation and Value-added Category” for the first time. Taipower Vice President Chin-Chung Wu (right) represented the Company in accepting the award from the Premier Chien-Jen Chen (left).

Taipower’s Energy Trading Platform was honored by the National Development Council (NDC) in the 6th Government Service Award, winning the “Digital Innovation and Value-added Category” for the first time. At the NDC’s award ceremony on December 6, Taipower Vice President Chin-Chung Wu represented the Company in accepting the award from the Premier Chien-Jen Chen, alongside fellow recipients Taoyuan International Airport and the Administration for Digital Industries. Taipower stated that, in line with its commitment to energy transition and moving toward net-zero emissions, it established the Energy Trading Platform to introduce a decentralized resource scheduling model with private sector participation. By integrating digital information technology, Taipower created a real-time, efficient, secure platform system. This innovative economic-sharing energy trading business model successfully attracted flexible electricity resources from the private sector, thus transforming Taiwan’s electricity energy market.

The National Development Council (NDC) has been organizing the Government Service Award since 2018 to reward government agencies for their services and promote benchmark learning. The event is now in its 6th year. This year, Taipower stood out among 145 participating government agencies and organizations with its project titled “Summoning Private Sector Allies with Digital Wizards—Energy Trading Platform” and was awarded the Government Service Award in the “Digital Innovation and Value-added Category” for the first time. “Digital Innovation and Value-added Category” services entail the effective utilization of digital innovation strategies to enhance economic development, and involve addressing public concerns through public–private collaboration. Taipower’s Energy Trading Platform used a digital innovation approach to introduce privately-owned electricity resources into the power market, thereby increasing their added value through transactions. It also provided ancillary services through a competitive bidding model, contributing to the stability of the national power system and fostering a shared economy in the electricity sector.

• This year, Taipower received the Government Service Award in the “Digital Innovation and Value-added Category” for the first time with its project titled “Summoning Private Sector Allies with Digital Wizards—Energy Trading Platform”. The photo depicts Taipower Vice President Chin-Chung Wu (3rd from the right), Power Dispatch Department Director Fang-Cheng Chou (2nd from the left), and colleagues from the Power Dispatch Department.

Taipower stated that the trend toward net-zero emissions has necessitated structural transformation of the power grid. The Energy Trading Platform allows for the integration of decentralized electricity resources from the private sector into the power system. Furthermore, it facilitates collaboration among various types of businesses and industries through its flexible participation mechanisms. The platform has successfully encouraged the participation of diverse industry sectors, including shopping malls, telecommunications data centers, industrial zones, buildings with self-generation equipment, and grid-connected energy storage facilities, all of which have the opportunity to contribute to electricity generation.

Taipower explained that the Energy Trading Center was established in July 2021 and includes a day-ahead ancillary services market. In this market, bidding and trading for the next day’s market demands take place, operating continuously throughout the year. On the day before scheduling, private sector entities offer flexible pricing for their services. After the bidding deadline, system operations data, power generation loads, and quotes from various entities are aggregated. Computer programs are then used to optimize power system operation. On the scheduling day, ancillary services are provided based on the bidding results or platform instructions.

• Through the Energy Trading Platform, Taipower integrates resources that are distributed within the private sector into the power system. Businesses can participate directly or act as agents for other industry resources. This flexible mechanism encourages various types of industries to become Taipower's "power allies".

Taipower further explained that the day-ahead ancillary services market offers real-time and flexible features, assisting in the daily balance of power supply and demand. Through the Energy Trading Platform, private sector resources are integrated into the power system. Businesses can participate directly or act as agents for other industry resources. This flexible mechanism enables various industries to become Taipower's "power allies". Currently, there are 23 industry categories involved, including electronics, department stores, and the electric vehicle industry. Taipower plans to harness emerging energy technologies to enhance the reliability and efficiency of the power grid, gradually moving towards net-zero emissions through collaborative efforts between the public and private sectors.

Spokesperson: Vice President Chih-Meng Tsai

Contact Number: (02)2366-6271/0958-749-333

E-mail: u910707@taipower.com.tw

Business Contact: Director Fang-Cheng Chou, Power Dispatch Department

Contact Number: (02)2366-6600/0952-810-417

E-mail: u027007@taipower.com.tw