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Taiwan Power Company

Electricity Purchase Overview

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The Current Status of Power Purchase

12/02/20

Renewable Energy

Up to the end of December of 2018, the contracts of renewable energy power generation systems for electricity sales were 26,129, and the total installed capacity was 4137 MW.:

The current status of renewable energy power purchase
Source Contract Purchasing Capacity 
(MW)
Solar 26043 3435
Wind 60 408
Hydro and others 26 294
Total 26129 4137

 

Renewable energy power purchase in the latest 5 years 
Year 2015 2016 2017 2018 2019
Power Purchased
(TWh)
22.7 28.7 34.7 43.3 56.9
Fee
(billion)
81.4 97.4 127.3 172.8 237.2
Average Purchase Rate (NT$/ Per kWh) 3.61 3.41 3.69 3.99 4.17

 

Independent Power Plant (IPP)

Number of agreements: There are 9 IPPs operated at present, with 7669 MW purchase capacity in total. There are 2 coal power plants (3,097.1MW) and 7 LNG power plants (4,571.9MW)

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

IPP power purchase in the latest five years
Year 2015 2016 2017 2018 2019
Power Purchased
(TWh)
390.1 404.2 404.8 388.8 395.7
Fee
(billion)
1022.7 901.6 933.6 1020.0 1136.4
Average Purchase Rate
(NT$/ kWh)
2.62 2.25 2.32 2.64 2.87

 

Cogeneration

Up to the end of December of 2019, there are 49 cogeneration operators contracted, with a total installed capacity of 5,611 MW and 1,918.6 MW firm capacity of peak period. The following table is differentiated by fuel:

The current status of cogeneration power purchase
Fuel Number Capacity
(MW)
Firm capacity of peak period
(MW)
Coal 22 496.83 147.44
Gasoline  2 2.5 0.0
Biogas and Waste 27 62.2 44.8
Total 51 561.1 191.86

 

The term of power purchase agreement: The agreement is valid for one year, and both parties can terminate it by agreement. Before the expiration date, neither of them files a written objection, the agreement will extend for another year after the expiration period.

Cogeneration purchase in the latest five years
Year 2015 2016 2017 2018 2019
Power Purchased
(TWh)
87.6 84.6 66.4 73.1 69.3
Fee
(billion)
193.8 161.5 128.8 156.8 143.1
Average purchasing rate
(NT$/ kWh)
2.21 1.90 1.91 2.15 2.06

 

According to the PPA for Cogeneration, power generator regular maintenance should be arranged in the non-summer period (From Oct. 1st to May 31st), which is the air pollution season in Taiwan. Therefore, the power generated by Cogeneration decline sharply in air pollution season. For further comparison between the period of air and non-air pollution season of power generation, as below.

The Comparison of Power Generated by Cogeneration between the Period of Air and Non-air Pollution season in 2019