This Act aims at encouraging renewable energy use, promoting energy diversification, improving environmental quality, assisting relevant industries and enhancing sustainable development in Taiwan. It requires the central competent authority to establish a renewable energy development fund.
This Act was amended in June 2023. Key changes included: requiring new buildings of a certain size to install a specified number of solar panels (Article 12-1), removing restrictions on the installation of offshore wind power generation facilities in open sea areas, fewer zoning restrictions on biomass-based power plants and new provisions on geothermal energy (Art 15-1, 15-2, 15-3, 15-4, 15-5, as well as Art 20-1).
The Ministry of Economic Affairs details a yearly formula for calculating feed-in tariffs for renewables.