- Taiwan introduced new 2026 feed-in tariffs, with next-generation (deep) geothermal receiving the highest rate at NTD 8.85522 per kWh
- The new category targets projects drilling beyond 3,000 meters and using advanced technology, reflecting government-backed development
- To stabilize investment, MOEA revised the FIT model and will host the 4th Taiwan International Geothermal Conference later this year
The Ministry of Economic Affairs (MOEA) has announced new feed-in tariffs (FITs) for renewable electricity generation, especially focusing on geothermal energy, a very important area.
By publishing the “Renewable Energy Electricity Booster Rates and Calculation Formulas for 2026”, the government has opened a new door for the next-generation geothermal category that offers the highest tariff rates among under all renewable segments.
As per the 2026 tariff structure, the newly built geothermal projects with an installed capacity of up to 5,000 kW will get NTD 5.9615 per kWh, while the projects over 5,000 kW will be entitled to receive NTD 4.9242 per kWh. There is one more category of next-generation geothermal, and the rate of that is the highest among all at NTD 8.85522 per kWh, which signifies the government’s strategic focus on advanced geothermal development.
An MOEA officer explained “next-generation” geothermal literally means deep geothermal energy which is being heavily supported by the Taiwanese government. This category is for projects that need permits from the central authority, involve drilling depths over 3,000 meters, and use cutting-edge geothermal technologies.
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The MOEA stated that the geothermal energy sector in Taiwan is still very much developing. The ministry's move to abolish the previous FIT model was to provide a handsome tariff for the initial period of operation and gradually reduce it thereafter, which, at the same time, allowed for the reassurance of the investors and the effective planning of the operators' finances.
Taiwan is very eager to use geothermal energy and it is a resource with high temperature that is plentiful. The last few years have seen substantial progress, including geological exploration done by research institutions, community outreach, and development initiatives that were supported by the private sector.
MOEA will be organizing the fourth Taiwan International Geothermal Conference later this year, where local players and international guests will come together for the discussion of the policy, technology, and industry trends in a more profound and detailed way.