The Management Strategy Of Renewable Energy Optimal Operation Of Electricity Market Under The Electricity Policy

• Main Authors: Lee, Chien-Ping, 李建平
• Other Authors: 李志宏
• Format: Others
• Language: zh-TW
• Published: 2019
• Online Access: http://ndltd.ncl.edu.tw/handle/d4k6y5

碩士 === 國立政治大學 === 經營管理碩士學程(EMBA) === 107 === Pursuing nuclear-free homeland, the Government sets Taiwan’s energy mix as coal 30%, gas 50% and renewable 20% in 2025. In the meantime, the total renewable generation should be 51.5 TWh, including solar energy 25 TWh, wind 14 TWh and other renewables 12.5 TWh. Solar and wind energy become the key factors to development renewables. The government thus proposes the short-term 2-Year Solar energy Action Plan and mid-term 4-Year Wind Power Action Plan to realize its 2025 renewables targets gradually. Electricity improves the standard of living of the people in the country. This is very important for the economic advancement of a country and promotes industrial development. The Amendments to The Electricity Act were promulgated with a President’s executive order on January 26, 2017 and will no doubt result in significant changes to the power sector. Under the policy of “Energy Transition – Green Energy First” in phase one, the government promotes low-carbon energy transition while creating a friendly environment to make way for grid- connected green energy and remove the obligation of the utility to the renewable company and thus enable them to sell energy to customer directly. Under the Amendments to the Electricity Act, the renewables market framework will base on direct supply, wheeling and wholesale mechanism. Its business model and efficiency rely on its facility construction costs and relevant costs from direct supply and wheeling. After 1-2.5 year of the Act became effective, the renewable companies can sell their energy to Taipower by direct supply, wheeling, public utility and wholesale contracts and all customers can choose their green energy supply options. On April 12, 2019, the Legislative Yuan approved the Amendments to Renewable Energy Development Act. It aims to install renewables capacity 27GW in 2027 which includes solar power 20GW, offshore windpower 5.5 GW, hydro 2.08 GW and biogas, etc. Renewable companies can either sign PPA wholesale contract, no caped duration of 20 years, with government or trade in renewable market. This paper explores the impact to Taipower’s renewable business after green energy market deregulated under the Amendments to Electricity Act and develops the optimal operation and strategy model for it.