Offshore wind power licensing evolution in Taiwan: Perhaps the most ambitious but the weakest rule of law in the world

Anton Ming-Zhi Gao

Chapter 18 in Offshore Wind Licensing, 2024, pp 337-361 from Edward Elgar Publishing

Abstract: The main purpose of this chapter is to provide an overview of Taiwan’s offshore wind power licensing framework. It could be perhaps the most fragmented, uncertain, and contain the most rigid/explicit LCR (local content requirement)s in the world! Such an unstable licensing regime also leads to many unique results, e.g., in spite of having the highest FIT (feed-in tariff) in the world, most developers have already released more than 50 per cent of shares during the construction stage. If the rigid LCR is not dealt properly, Taiwan may become the first offshore wind power bubble.

Keywords: Economics and Finance; Environment; Geography; Law - Academic; Law - Professional; Urban and Regional Studies (search for similar items in EconPapers)
Date: 2024
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