Feed-in tariff raised for small onshore wind farms

Focus Taiwan
Date: 2019/12/31.
By: Tsai Peng-min and Evelyn Kao


Taipei, Dec. 31 (CNA) The Ministry of Economic Affairs (MOEA) on Tuesday announced the 2020 feed-in tariff (FIT) rates for renewable energy generation, with the rate for onshore wind power facilities with a capacity of 1 to 30 kW to be raised above the previously proposed level.

The ministry will raise the FIT level for electricity from onshore wind power for next year from the previously proposed NT$7.7916 (US$0.26) per kilowatt-hour (kWh), to NT$7.7998 kWh after taking into account increasing operating and maintenance costs.

Feed-in tariffs (FIT) are fixed electricity prices paid to renewable energy (RE) producers for each unit of energy produced and provided to the electricity grid.

Meanwhile, FIT rates for renewable energy sources such as biomass, hydro power and biodegradable waste will be raised by 1-4 percent next year, while that for geothermal power generation will be maintained at this year's level.    [FULL  STORY]

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