Taipower's small-scale green energy auction: 71 companies purchase over 9 GWh of green electricity, an increase of nearly 50% compared to last year
On November 13, Taipower launched its 2024 small-scale green energy sale, offering self-developed photovoltaic and offshore wind power. The product line included diverse options designed to match users' electricity usage patterns and needs. After a 20-day bidding period that ended at noon on December 3, the final auction was held on December 4. The event attracted 71 companies, who collectively bid for over 9 GWh of green electricity—a nearly 50% increase from the inaugural sale last year. Winning bids ranged from NT$5.4 to NT$6.8 per kWh. This year, Taipower premiered "all-day" green electricity products tailored for businesses operating late into the night or on a 24-hour, three-shift schedule. These products were highly favored, accounting for approximately 46% of total sales. Among the offerings, the most popular product was the 200,000 kWh 5-year term, followed by the 10,000 kWh 1-year term; these diverse options met a variety of corporate preferences. Notably, nearly half of the successful bidders also opted to purchase the newly introduced winter green electricity product.
A Taipower representative explained that this year's small-scale green energy offerings were tailored to different users' electricity usage periods (all-day vs. daytime) and varying demand levels (10,000, 100,000, and 200,000 kWh) with terms of 1 or 5 years. Two main product categories were designed, each with six combinations. The auction results revealed that over 50% of participating companies were concentrated in the Greater Taipei area. From an industry perspective, manufacturing companies dominated the auction, accounting for approximately 45% of successful bids, followed by sectors such as real estate and financial and insurance services.
This year marked the first time that Taipower allowed corporate headquarters to place bids for small-scale green energy on behalf of their subsidiaries, enabling the purchased green energy to be allocated for use by branch offices. Over 30 corporate headquarters adopted this approach, which is expected to help hundreds of chain stores acquire and utilize green energy. Taipower is committed to energizing the domestic green energy market and meeting corporate demands for green energy, thereby helping Taiwanese companies comply with international supply chain requirements and implement ESG sustainable development practices.
Winning companies are reminded that they must complete the contract signing process with the regional Taipower business offices in charge of bidding by December 23. During the signing phase, companies may still apply to purchase additional winter green electricity based on their needs. Once the contract is finalized, the purchased green electricity will be wheeled starting next year.
Spokesperson: Vice President Tsai Chih-Meng
Phone: (02) 2366-6271; 0958-749-333
E-mail: u910707@taipower.com.tw
Contact Person: Director of Business Department Huang Mei-Lien
Phone: (02) 2366-6650; 0922-696-383
E-mail: u030573@taipower.com.tw