| Work Detail |
Introduction of new floor price reportedly part of discussions with industry Taipei has opened consultations with industry on its latest offshore wind allocation round. The island’s government has held talks over an up to 3GW Round 3.3. According to reports, Taipei is considering the introduction of a floor price in the auction. The government is also said to favour reducing the localisation burden on participants. Both measures are likely to be welcomed by developers that have struggled to finance wind farms successful in the previous two Round 3 auctions. Further meetings between the Ministry of Economic Affairs and industry are planned to iron out details, including a timeline for the auction. Officials are reported to be mulling the selection criteria for Round 3.3, including awarding contracts based on EPC capabilities and past performance. Project timelines suggested by developers are also said to be part of criteria proposals. |
