The Legislative Yuan passed the draft amendment to some articles of the Electricity Act in the third reading today (May 9). According to the Ministry of Economic Affairs (MOEA), these amendments are made in response to domestic and international energy transition trends, which enable Taiwan Power Company (Taipower) to maintain its current business model, while stimulating the green electricity trading market; regulate emerging electricity resources, such as grid-connected energy storage and demand response; and enhance the supervision mechanism of the electricity trading platform. A total of 12 articles have been newly added or amended. The MOEA expressed its gratitude to the President of the Legislative Yuan, all legislators, and political parties for their support in ensuring the smooth passage of the bill.

According to the MOEA, the draft amendment focuses on four key areas: maintaining Taipower's integrated business model to ensure stable power supply through the synergy of integrated power generation and grid operations and enhancing investment efficiency; facilitating peer-to-peer sales among retailers of renewable energy to increase operational flexibility for industry participants; regulating grid-connected energy storage systems and demand response services to ensure legal compliance and reduce the setup risks for operators while expanding potential power resources; and enhancing the neutrality of electricity trading platforms by strengthening the monitoring mechanism to ensure openness and transparency, and by allowing independent trading to emerge in response to future market developments.

The MOEA also thanks all stakeholders for their valuable input throughout the legislative process, while pledging to swiftly complete related modifications of subordinate regulations to achieve the objectives of this legislative amendment.

Spokesperson: Deputy Director General, Chih-Wei Wu
Energy Administration, Ministry of Economic Affairs
Phone: +886-2-2775-7750 / +886-922-339-410
Email: cwwu@moeaea.gov.tw

Business Contact: Director, Yu-Chuan Hsia
Energy Administration, Ministry of Economic Affairs
Phone: +886-2-2775-7753 / +886-910-668-295
Email: yhhsia@moeaea.gov.tw