Renewable Energy Overview
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Geothermal Power Generation
Ongoing geothermal power exploration and development is "Yilan Renze-Tuchang Thermal Power Project", which is summarized as follows:
Yilan Renze-Tuchang Thermal Power Project
In order to accelerate the promotion of geothermal power generation, the Ministry of Economy set up a national team for geothermal power generation in January 2018. It integrates production, government, academia, and other units to promote geothermal power generation. The first goal is to develop in Yilan Renze thermal zone. At present, CNPC has completed No. 3 and No. 4 wells in Renze. Taipower plans to build a geothermal power plant based on the production capacity of these two wells. The installed capacity of the power plant is initially planned to be 0.7 ~ 1.4MW. The construction is expected to start in 2022 and complete in 2023 as well as the commercial operation.
At the same time, Taipower will keep a close eye on the development and results of geothermal experiments conducted by the government in areas such as the Tatun volcano area, Qingshui, Jinlun, and wait for the opportunity to invest in development.