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Official Announcement of the 2021 Feed-in Tariffs (FIT) Rates for Renewable Energy Electric Power
Date: 2021-03-08
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On January 7, 2021, the Ministry of Economic Affairs (MOEA) officially announced the review results of "R.O.C. 2021 Renewable Energy Feed-in Tariffs (FIT) and Calculation Formulas" to encourage diversified development of renewable energy. In terms of Solar PV FIT for 2021, the rate is between 3.7994 and 5.6707 NTD/kWh, while an additional pricing bonus will be given to solar PV generation systems constructed in indigenous or remote areas, covered playgrounds approved by the Ministry of Education, agricultural or aquacultural management combined with solar energy facilities, and land use of parking lot in freeway service area. Furthermore, in response to the impact of COVID-19, the construction deadlines for solar PV projects from 2019 and 2020 will be extended by 2 months, and major projects will receive 6-month extension.

The key points of 2021 Feed-in Tariffs (FIT) Rates for Renewable Energy Electric Power are as follows:
1. Solar PV: The FIT rates divided into the two phases will be maintained for FIT based on capacity size and category. The FIT in the first phase is between 3.7994~5.6707 NTD/kWh; the second phase is between 3.7236~5.6281 NTD/kWh.
2. Hydropower: Starting from 2021, there will be two categories of FIT capacity size. The FIT for capacity sizes 1 kW and above but under 2,000 kW is 3.1683 NTD/kWh; those above 2MW remains 2.8599 NTD/kWh.
3. Geothermal: In principle, further development is encouraged by maintaining the 2020 rate of 5.1956 NTD/kWh.
4. Biomass: In order to encourage development of biomass energy, the FIT of non-anaerobic digestion facilities is increased to 2.6884 NTD/kWh; biomass energy with anaerobic digestion facilities remains at the 2020 FIT rate of 5.1176 NTD/kWh.

The MOEA expressed that, in addition to retaining the various incentive mechanisms of 2020, eligibility for rewards will be expanded in 2021 to encourage the development of solar PV and reflect practical application conditions and timetables. Key changes are as follows:
1. Aside from Promotional plan of the Green Roof, regional pricing markup, and outlying island markup, all additional markups will be changed to fixed additional markup tariffs.
2. Markups will be issued to all solar PV systems constructed in indigenous or remote areas.
3. A FIT markup is provided for solar PV systems at all covered playgrounds approved by the Ministry of Education.
4. A FIT markup has been implemented for agricultural or aquacultural management combined with solar energy facilities as well as the land use of parking lot in freeway service area.

The MOEA provided further details in response to the COVID-19 pandemic. The completion deadlines of solar PV projects from 2019 and 2020 have been extended by 2 months; however, 2019 projects that do not exceed 10MW and have already received an extension will not receive any additional extension. Additional revisions and plans to control outflow have been implemented in response to the "Coastal Zone Management Act"; major solar PV projects from 2019 and 2020 will receive 6-month extension in aim to help developers to mitigate the impacts of the pandemic.

Lastly, the MOEA states that the 2021 approval committee was conducted in accordance with the principles of fairness, justice, and transparency, in determining the FIT rates for renewable energy in 2021. Considerations were given to factors such as Taiwan's development environment, goals, and development trends in renewable energy technology to ultimately establish FIT rates suitable for the development of Taiwan. The administration will continue to view all relevant issues with caution to establish a good foundation for the development of our nation's renewable energy industry.

Spokesperson for Bureau of Energy, Ministry of Economic Affairs: Deputy Director-General, Chun-Li Lee
Phone: 02-2775-7702
Mobile: 0936-250-838
Email: chunlee@moea.gov.tw

Business Contact: Director, Chung-Hsien Chen
Phone: 02-2775-7770
Mobile: 0919-998-339
Email: ctchen@moea.gov.tw

Business Contact (Solar PV FIT): Director, Wen-Hsin Lin
Phone: 02-2775-7716
Mobile: 0912-578-534
Email: whlin@moea.gov.tw

Media Contact: Section Chief, Yu-Hsuah Hsia
Phone: 02-2775-7705
Mobile: 0910-668-295
Email: yhhsia@moea.gov.tw
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