Since its establishment in 2021, Taipower's Energy Trading Platform has introduced a new business model for electricity trading, attracting private distributed energy resources to participate in the grid and provide ancillary services to help stabilize the national power system. In 2023, the Energy Trading Platform earned Taipower the National Development Council's Government Service Award (Digital Innovation and Value-Added), and now the Company has won the 2024 Gartner Eye on Innovation Awards for Power and Utilities in the category of "Innovation: Intelligent Dispatching and Monitoring System for Distributed Resources".
Gartner, a globally renowned think tank, specializes in providing third-party information and communications technology (ICT) research and consulting services to businesses and government agencies. Since 2019, Gartner has hosted the annual Gartner Eye on Innovation Awards for Government competition, calling on government organizations around the globe to showcase their successful digital innovation services. The event attracts over 200 submissions each year. This year, Gartner introduced the Gartner Eye on Innovation Awards for Power and Utilities, which was divided into three regions: the Americas, Europe, and Asia-Pacific. The top four entries from each region advanced to the finals, where a prestigious panel of more than 20 experts from Europe and the Americas selected the year's winners. Taipower's Energy Trading Platform won the award in the Asia-Pacific region, sharing international recognition with notable companies ITC Limited, Southern California Edison (SCE) from the Americas, and Enerjisa from Europe. The award winners were announced online in October, and yesterday (November 25) Gartner Taiwan President Liao Ming-Jen personally presented the award to Taipower at its headquarters.
A Taipower representative explained that Taiwan's island geography operates as an independent grid, requiring self-sufficiency to maintain grid stability and balance while meeting nationwide electricity demand. Taipower's Energy Trading Platform, which has received international recognition as an Intelligent Dispatching and Monitoring System for Distributed Resources, was designed based on the power market structures of advanced countries like the United States, the United Kingdom, and Australia. By introducing ancillary service trading and integrating cloud server applications and other ICT innovations, the platform attracts distributed power resources, including privately owned generation facilities and grid-connected energy storage systems. Through a competitive bidding model, participants can compete fairly to earn revenue while contributing to national grid stability. The platform accelerates the development of emerging power technologies and establishes a real-time dispatch system that emphasizes information security, scalability, and stability. To date, the platform has successfully integrated 430 distributed energy projects.
Since Taipower's Energy Trading Platform began operations 3 years ago, it has accumulated nearly 100 qualified participants, with a total participation capacity exceeding 1.7 GW. The platform has demonstrated its critical rescue capabilities in real-world scenarios, such as during the 403 Hualien Earthquake. The earthquake tripped multiple generators nationwide, resulting in an immediate reduction of approximately 3.2 GW in power supply. Through the Energy Trading Platform, energy storage resources were instantly deployed, providing 500,000 kW of power. Combined with other fast-responding hydro and thermal power units and photovoltaic power, the grid frequency was stabilized within a short period after the quake, preventing a potential blackout crisis due to system imbalance. Taipower representatives emphasized the Company’s commitment to leveraging innovative technologies to enhance the grid's safety and flexibility, thereby ensuring a stable power supply.
Spokesperson: Vice President Tsai Chih-Meng
Phone: (02) 2366-6271; 0958-749-333
E-mail: u910707@taipower.com.tw
Contact Person: Director of the Power Dispatching Department Chou Fang-Cheng
Phone: (02) 2366-6600; 0952-810-417
E-mail: u027007@taipower.com.tw