Latest News
Latest News
Featured news
Global Wind Giants Include Equinor Exit South Korea as Costs Soar and Permits Stall
Jun. 06 2026
Global Wind Giants Include Equinor Exit South Korea as Costs Soar and Permits Stall
Global offshore wind developers are increasingly scaling back or exiting South Korea as rising costs, financing challenges, and complex regulatory requirements undermine project viability. Norway's Equinor recently decided to halt its 750 MW Firefly (Bandibuli) floating offshore wind farm off Ulsan (울산 반딧불 부유식 해상풍력 발전소, 반딧불부유식해상풍력) , a project valued at approximately KRW 6 trillion and regarded as the world's largest single floating offshore wind farm.
Executive Yuan: Taiwan Classified Among Lower-Risk Economies in U.S. Section 301 Forced Labor Import Investigation
Jun. 05 2026
Executive Yuan: Taiwan Classified Among Lower-Risk Economies in U.S. Section 301 Forced Labor Import Investigation
The Ministry of Economic Affairs (MOEA) announced on June 3 that, according to the findings of the Office of the United States Trade Representative (USTR) under its Section 301 investigation concerning import prohibitions on goods produced with forced labor, Taiwan has been designated as one of 14 economies assessed as presenting a relatively lower level of risk. As a result, the USTR has proposed an additional 10% tariff on Taiwan, compared with the proposed 12.5% tariff on other economies.
Taipower's Electricity Carbon Emission Factor Drops to 0.467 kg CO₂e/kWh; MOEA Reports Progress in Energy Transition
Jun. 03 2026
Taipower's Electricity Carbon Emission Factor Drops to 0.467 kg CO₂e/kWh; MOEA Reports Progress in Energy Transition
The Energy Administration under the Ministry of Economic Affairs (MOEA) announced on June 2 that the 2025 electricity carbon emission factor for public electricity retailers has decreased to 0.467 kg CO₂e/kWh, representing a 1.5% reduction from 2024 and an overall decline of approximately 12% compared with 2016.
MOEA AI X Innovation Pavilion Opens at InnoVEX, Featuring Award-Winning AI Technologies and Emerging Startups
Jun. 02 2026
MOEA AI X Innovation Pavilion Opens at InnoVEX, Featuring Award-Winning AI Technologies and Emerging Startups
On, 2nd June, the Ministry of Economic Affairs (MOEA) Department of Industrial Technology opened the AI X Innovation Pavilion at InnoVEX, showcasing 31 cutting-edge technologies spanning smart machinery, communications, green energy, semiconductors, biotechnology, and medical devices. The exhibition features achievements from the TREE Program (Taiwan Research-Institute Advanced Technology Entrepreneur Ecosystem Program, TREE) and winners of the "2026 Best AI Awards", highlighting Taiwan's growing strength in AI innovation and cross-sector applications.
News report
-
OMNI Features｜Carbon Credit Trading Platform was Officially Onboard on the 22nd / Japan's Energy Inflation Slows Down During November / U.S. Government Considering Raising Tariffs on Chinese EVs
Dec. 23 2023
OMNI Features｜Carbon Credit Trading Platform was Officially Onboard on the 22nd / Japan's Energy Inflation Slows Down During November / U.S. Government Considering Raising Tariffs on Chinese EVs
Taiwan Carbon Solution Exchange (TCX), the international carbon credit trading platform, was officially onboard on the 22nd, with the business community eagerly embracing the arrival of carbon trading. Ming-Hsin Kung, Head of the National Development Council, stated that the first transaction in carbon trading might involve foreign carbon credit transactions. The initial stage online doesn't currently offset carbon fees, and specific reductions are still unclear as related regulations are expected to be formulated next year.
-
OMNI Features｜EU Reaches Budget Reform Agreement / Canadian Growth Fund Invests in Carbon Contracts for Difference / Mayor of Kaohsiung Shares COP28 Experience
Dec. 22 2023
OMNI Features｜EU Reaches Budget Reform Agreement / Canadian Growth Fund Invests in Carbon Contracts for Difference / Mayor of Kaohsiung Shares COP28 Experience
Finance ministers from the 27 EU countries, after reaching a compromise in France and Germany, have agreed to loosen budget regulations to stimulate investment while maintaining control over debt and spending. The agreement relaxes fiscal constraints imposed on EU member states during COVID-19, including debt not exceeding 60% of GDP and public deficits not surpassing 3%, among others. While reaffirming the 3% deficit target, it eases the requirements for expenditure cuts, reflecting the post-pandemic reality.
-
Korean 2023 Fixed Price Contract Auction for Wind Power Projects and Selected Results
Dec. 20 2023
Korean 2023 Fixed Price Contract Auction for Wind Power Projects and Selected Results
The NREC of the Korea Energy Agency announced the result of the "2023 Fixed Price Contract Auction for Wind Power Projects" and has selected 5 successful bidders with a combined capacity of 1431MW and received approval out of a total of 8 (totaling 2067MW submitted applications) projects in the offshore wind sector.
-
EnergyOMNI Hosts ROC (Renewables On Campus) Campus Lecture to Bridge Talent in the Energy Industry
Dec. 19 2023
EnergyOMNI Hosts ROC (Renewables On Campus) Campus Lecture to Bridge Talent in the Energy Industry
EnergyOMNI Media held its inaugural ROC (Renewables On Campus) campus lecture series on the 19th of this month. The ROC Campus Lecture is a collaborative initiative between EnergyOMNI Media and James Wu, the CEO of Maximus Consulting. This project stems from the collective experience in educating talents for the offshore wind and renewable energy industries. It serves as a practical manifestation of our commitment to ESG sustainability initiatives.
-
The Ministry of Economic Affairs (MOEA) officially announced the "Industrial Relevance Plan for Offshore Wind Zonal Development"
Dec. 17 2023
The Ministry of Economic Affairs (MOEA) officially announced the "Industrial Relevance Plan for Offshore Wind Zonal Development"
The Ministry of Economic Affairs (MOEA) officially announced the "Industrial Relevance Plan for Offshore Wind Zonal Development" (Stage 2: Applicable to those completed and grid-connected in 2028 and 2029). This policy is designed with 3 objectives: energy self-sufficiency, industrial resilience, and establishing an Asian base. The three approaches involve (1) offshore wind farm developers committing to implement the Industrial Relevance Plan independently; (2) ongoing development of industrial resilience, emphasizing industry clusters, facilitating investment, and fostering job creation; (3) execution methods encompass industrial procurement, industry collaboration (technology transfer, licensing, commissioned manufacturing), and industry investment (sole proprietorship, joint ventures).
-
Acceptance of Applications for Offshore Wind Zonal Development Site Capacity Allocation Guidelines Stage 2 Starting April 2024
Dec. 14 2023
Acceptance of Applications for Offshore Wind Zonal Development Site Capacity Allocation Guidelines Stage 2 Starting April 2024
Based on "Offshore Wind Power Zonal Development Site Capacity Allocation Guidelines," the Ministry of Economic Affairs (MOEA) officially declares the commencement of the offshore wind 3.2 auction application period. Applicants can submit their applications from 9:00 AM on March 11, 2024, until 5:00 PM on April 10, 2024.
-
Vena Energy Collaborates with Chang Jung Christian University to Serve the Local Community
Dec. 12 2023
Vena Energy Collaborates with Chang Jung Christian University to Serve the Local Community
Vena Energy joined forces with Chang Jung Christian University (CJCU) in a partnership to serve the local community. On December 9, 2023, a hiking event promoting senior-friendly development took place in Yanshuei, Tainan. A total of 122 seniors from 10 communities participated in the 1.6 km walk, starting at the Tianliao community and becoming a significant highlight for the local area.
