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The Current Status of Power Purchase

Renewable Energy

As of the end of December 2024, the contracts for renewable energy power generation systems for electricity sales totaled 63,564, with a total installed capacity of 17,056 MW.:

The current status of renewable energy power purchase
Source Contract Purchasing Capacity 
(MW)
Solar 63,322 13,303
Wind 150 3,435
Hydro and others 92 318
Total 63,564 17,056

 

Renewable energy power purchase in the last 5 years 
Year Power Purchased
(TWh)
Fee
(billion NT$)
Average Purchase Rate
(NT$/ Per kWh)
2020 7.67 35.33 4.65
2021 9.17 42.60 4.69
2022 12.70 58.88 4.75
2023 17.39 90.50 5.20
2024 22.69 119.33 5.40

 

Independent Power Plant (IPP)

Number of agreements: There are 9 IPPs operated at present, with 7716.45 MW purchase capacity in total. There are 2 coal power plants (2,508.55MW) and 7 LNG power plants (5,207.9MW)

Term of purchase agreement: 25 years from the operating date.

IPP power purchase in the last five years
Year Power Purchased
(TWh)
Fee
(billion NT$)
Average Purchase Rate
(NT$/ Per kWh)
2020 40.59 103.51 2.57
2021 42.66 95.49 2.25
2022 43.74 164.56 3.79
2023 45.33 187.64 4.17
2024 48.00 163.46 3.43

 

Cogeneration

As of the end of December 2024, there are 49 cogeneration operators have signed the power purchase agreement with Taipower. The total installed capacity is 4,955 MW, with a peak guaranteed capacity of 1,888 MW. The distribution by fuel type is as follows:

The current status of cogeneration power purchase
Fuel Number Capacity
(MW)
Firm capacity of peak period
(MW)
Coal 19 4,229 1,436
Gas  1 70 0
Gasoline  2 25 0
Waste and Biogas 27 631 452
Total 49 4,955 1,888

 

Contract Valid Period: The contract is valid for one year and can be terminated by mutual agreement at any time. If no written objections are raised before the contract expires, it will automatically extend for another year and the procedure will apply thereafter.

Cogeneration purchase in the last five years
Year Power Purchased
(TWh)
Fee
(billion NT$)
Average Purchase Rate
(NT$/ Per kWh)
2020 6.79 13.88 2.04
2021 7.84 18.77 2.39
2022 6.05 21.54 3.55
2023 8.31 25.51 3.07
2024 8.36 24.91 2.97

 

According to the “Cogeneration System Implementation Regulations”, power purchase from cogeneration includes the electricity generated from waste and biogas.
According to the power purchase agreement, routine maintenance of the cogeneration units should be scheduled in the non-summer months (outside the period from May 16 to October 15). Therefore, the off-peak season of selling electricity from contracted qualified cogeneration systems often occurs during the air pollution season (January, February, March, October, November, and December) resulting in a comparatively significant decrease in electricity sales compared to the non-air pollution season (April to September). The generation conditions are illustrated in the following chart:

The Comparison Chart of Power Generation by Contracted Qualified Cogeneration Systems Between Air Pollution Season and Non-Air Pollution Season in 2024:

 Purchase Quantity Chart (hundred million kMh): Air pollution season is 38.9, Non-air pollution season is 44.1