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UK–Taiwan Celebrate 20 Years of Renewable Energy Partnership; Advancing Toward a Net-Zero Future
Apr. 09 2026
UK–Taiwan Celebrate 20 Years of Renewable Energy Partnership; Advancing Toward a Net-Zero Future
The British Office Taipei and Taiwan's Energy Administration under the Ministry of Economic Affairs jointly hosted the "UK–Taiwan 20th Anniversary Renewable Energy Gala Dinner" on April 1, 2026, at the Grand Hyatt Taipei. The event brought together senior government officials and industry representatives from both sides. UK Trade Envoy to Taiwan, Lord Faulkner of Worcester, and Director-General Chuang Ming-chi attended the event, marking two decades of close collaboration and celebrating the remarkable evolution of offshore wind energy from early-stage planning to a mature industry.
Taiwan Launches Round 3 Offshore Wind Zonal Development Auction Mechanism with 3.6GW Capacity Target
Mar. 31 2026
Taiwan Launches Round 3 Offshore Wind Zonal Development Auction Mechanism with 3.6GW Capacity Target
On the 27th, the MOEA announced the "Directions for Allocating Installed Capacity of Offshore Wind Potential Zones" guidelines for offshore wind zonal development Round 3, following 2 briefing sessions and 3 stakeholder consultation meetings. The application process will commence on April 1, 2026, with a six-month preparation period provided to developers. Submissions will close on September 30, and the selection results are scheduled to be announced before the end of the year.
AI-driven Fossil Power Growth for Taiwan Semiconductors Risks 90 lives, Half a Billion USD in Economic Losses by 2030
Mar. 25 2026
AI-driven Fossil Power Growth for Taiwan Semiconductors Risks 90 lives, Half a Billion USD in Economic Losses by 2030
A joint report by the Centre for Research on Energy and Clean Air (CREA) and Greenpeace estimates that continued reliance on fossil-based electricity could result in approximately 90 premature deaths, 19,000 work absences, and 277 cases of childhood asthma, alongside economic losses of up to USD 500 million by 2030.
Formosa 2 Achieves Landmark Refinancing, Setting Multiple Milestones for Taiwan and APAC Offshore Wind
Mar. 25 2026
Formosa 2 Achieves Landmark Refinancing, Setting Multiple Milestones for Taiwan and APAC Offshore Wind
Formosa 2 Offshore Wind Farm (Formosa 2) on 23rd announced the successful completion of its refinancing, securing approximately NT$58.9 billion. This transaction marks the first completed offshore wind refinancing in both Taiwan and the Asia-Pacific region. The deal received an enthusiastic response from the financial market, achieving more than two times oversubscription and setting a new benchmark in Taiwan's offshore wind financing history.
South Korea Introduces Government-Led Offshore Wind Zoning System to Streamline Development
Mar. 24 2026
South Korea Introduces Government-Led Offshore Wind Zoning System to Streamline Development
The South Korean government is set to overhaul its offshore wind power development framework by introducing a planned site designation system, under which suitable locations will be identified in advance by the state. In parallel, a pan-governmental integrated body will handle permitting procedures in a streamlined manner, replacing the fragmented approval process previously led by private developers.
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Flotation Energy Receives Historic First FWD Floating Offshore Wind Award
Jun. 04 2024
Flotation Energy Receives Historic First FWD Floating Offshore Wind Award
Flotation Energy has been recognized as the first developer to receive the FWD Floating Offshore Wind Award for its development of the world's largest floating offshore wind farm in Kincardine, Scotland. The Norwegian Ministry of Petroleum and Energy announced the award during the Floating Wind Days event.
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OMNI Features｜Giant German Offshore Wind-to-Hydrogen Ppeject "Desperately" Needs Date for Auction．Subsea7 Secures Contract Worth over $1.25 Billion with Brazil's Oil & Gas Giant．SolarDuck Strengthens Asia Pacific Foothold with Expansion of Tokyo Office
Jun. 04 2024
OMNI Features｜Giant German Offshore Wind-to-Hydrogen Ppeject "Desperately" Needs Date for Auction．Subsea7 Secures Contract Worth over $1.25 Billion with Brazil's Oil & Gas Giant．SolarDuck Strengthens Asia Pacific Foothold with Expansion of Tokyo Office
The AquaVentus initiative centred around the North Sea Island of Heligoland (first presented in 2020) aims at eventually dedicating enough offshore wind power to enable 10GW of electrolysis capacity for the production of green hydrogen in 2035, which would then be transported to land via dedicated H2 pipelines. The initiative counts on the support of over 100 member companies and research institutions – including heavyweights such as RWE, Shell and Siemens Gamesa.
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OMNI Features｜Colorado Announces $7.7 Million Grant Awards for 35 Geothermal Projects．European Commission Approves €1.4bn in Funding for Hydrogen Transportation．Taiwan Chiayi Enacts Net-Zero Emissions Ordinance Pioneers Zero Emission School Drop-Off Zones
Jun. 03 2024
OMNI Features｜Colorado Announces $7.7 Million Grant Awards for 35 Geothermal Projects．European Commission Approves €1.4bn in Funding for Hydrogen Transportation．Taiwan Chiayi Enacts Net-Zero Emissions Ordinance Pioneers Zero Emission School Drop-Off Zones
Colorado Governor Jared Polis and the Colorado Energy Office have announced $7.7 million in grant awards through the Geothermal Energy Grant Program for 35 innovative geothermal projects in the state. The list of projects cover a wide range of geothermal applications with the grants divided as such: Single-structure geothermal heat pump installations – $947,000；Interconnected thermal energy networks between buildings – $3.57 million；Geothermal electricity generation – $3.22 million. Awardees are expected to invest more than $100 million into the awarded projects to leverage the state investment.
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Taipower Responds to Former Supervisor's Claims on Taipower's 4th Nuclear Power Plant Restart Feasibility
Jun. 03 2024
Taipower Responds to Former Supervisor's Claims on Taipower's 4th Nuclear Power Plant Restart Feasibility
In response to recent statements by a former supervisor of Taiwan Power Company (Taipower) regarding the feasibility of restarting the 4th Nuclear Power Plant (Lungmen Nuclear Power Plant), Taipower emphasized the need for practical and cautious handling of the issue. The former supervisor stated that the plant could be reactivated in 3 years with a budget of NT$30 billion; these claims lack professional evaluation and oversimplify the significant safety considerations involved.
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The Geothermal Exploration Development Permit and Management Regulation Has Been Officially Announced
Jun. 03 2024
The Geothermal Exploration Development Permit and Management Regulation Has Been Officially Announced
On May 13, 2024, Taiwan's Ministry of Economic Affairs (MOEA) announced the "Geothermal Exploration Development Permit and Management Regulation," clarifying the administrative procedures for geothermal exploration and development to create a supportive environment for geothermal energy growth.
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OMNI Features｜KHE's Indonesia Kayan Cascade Hydropower Project Seeks New Partner．IMF: Fossil Fuel Subsidies Reach a Record $1.4 Trillion in 2022．Prospects of 23 GW Solar Capacity in the Middle East by 2024
Jun. 03 2024
OMNI Features｜KHE's Indonesia Kayan Cascade Hydropower Project Seeks New Partner．IMF: Fossil Fuel Subsidies Reach a Record $1.4 Trillion in 2022．Prospects of 23 GW Solar Capacity in the Middle East by 2024
The cooperation between KHE and Sumitomo for the development of the Kayan Cascade project in North Kalimantan province, in the Indonesian parts of Borneo, was announced in October 2022. The project includes plans to construct five dams on the banks of the Kayan river to produce a total of 9 gigawatts of electricity, which would make it the largest hydropower station in Southeast Asia if completed. Sumitomo has invested 270.9 billion rupiah ($16.7 million) in KHE, according to a legal document. According to KHE, the company hopes to complete the first phase of the Kayan Cascade project by 2029. Due to delays in negotiations, both parties have decided to terminate their partnership.
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OEG Renewables and SOMAC Sign MoU to Provide Renewable Solution for Japan's Offshore Wind Market
May. 31 2024
OEG Renewables and SOMAC Sign MoU to Provide Renewable Solution for Japan's Offshore Wind Market
OEG Energy Group Limited ("OEG", the "Group"), a leading offshore solutions business, is pleased to announce the signing of a Memorandum of Understanding (MoU) between OEG Renewables (OEGR) and Sojitz Machinery Corporation (SOMAC) in relation to the provision of pre-construction, operations and maintenance (O&M) and vessel services to offshore wind projects in Japan.
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OMNI Features｜Shell Plans Job Cuts in Offshore Wind Business as CEO Refocuses on Oil and Gas．China National Nuclear Power Starts Work on the Largest Domastic Offshore Solar Farm
May. 31 2024
OMNI Features｜Shell Plans Job Cuts in Offshore Wind Business as CEO Refocuses on Oil and Gas．China National Nuclear Power Starts Work on the Largest Domastic Offshore Solar Farm
Shell Plc is preparing to cut staff from its offshore wind business as Chief Executive Officer Wael Sawan moves the company away from the capital-intensive renewable energy sector. The British oil major is set to begin the layoffs within months, mainly in Europe.
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MOENV: Carbon Fee Aims to Reduce Emissions and Promotes Industry Transformation by Referencing International Practices
May. 30 2024
MOENV: Carbon Fee Aims to Reduce Emissions and Promotes Industry Transformation by Referencing International Practices
On April 29 of this year, the Ministry of Environment (MOENV) announced the draft of 3 supplementary regulations for the collection of the carbon fee. Civic groups are concerned about the implementation timeline and accompanying measures for the carbon fee. The MOENV reiterated that accelerating the implementation of the carbon fee is a current policy priority. Under the existing legal framework, the MOENV has referenced the carbon pricing experiences of the EU, Singapore, and South Korea to develop a carbon fee system and various tools to promote diverse emission reductions. The MOENV emphasized that the primary purpose of the carbon fee is to accelerate emission reductions and facilitate industry transformation, not to increase national fiscal revenue. The MOENV explicitly requires industries to submit concrete emission reduction plans when drafting relevant supplementary systems.
