[Event Report] 2021 Low Carbon Initiative’s Green Finance, ESG, CPPA 2nd Working Group Meeting 「綠色金融、永續經營及企業購電合約」工作小組 第二季線上研討會
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The ECCT’s Low Carbon Initiative (LCI) arranged the 2021 LCI’s “Green Finance, ESG, CPPA” 2nd Working Group Online Meeting with PwC Taiwan took place on 15 July. This online webinar was attended audience of 75 personnel, 50 from the LCI, and 25 from the PwC.
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The meeting was opened with remarks by Working Group Leader Mr. Tsai Yi-Tai from PwC Taiwan and Ms. Sammy Su, Director from the ECCT LCI.
The online webinar featured three distinguished executive speakers from Taiwan Power Company, Office of Energy and Carbon Reduction, Executive Yuan, and Taiwan Associate of Green Energy Transition (TAGET). A Q&A session followed each presentation.
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Tsai Chih-Meng, Director of the Business Department, Taiwan Power Company, gave a presentation on the topic “Laws & Regulations, Implementational Producers, and Case Studies of Wheeling of Excess Electricity at Feed-in-Tariff.” As a nationalized industry, Taipower’s mission is to stable the power supply and maintain reasonable cost electricity prices for the people.
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In the Q&A session, Mr. Tsai said that only the transferred power accounts for the receipt of transmission fees, power fees, ancillary service fees, and power dispatch fees. The public electricity sales industry sells surplus electricity without paying the aforementioned fees.
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Dr. Lin Tze-Luen, Deputy Executive Director, Office of Energy and Carbon Reduction, Executive Yuan, gave a presentation on the topic “Potential Amendments to Taiwan’s Greenhouse Gas Emission Reduction Act.” In response to climate change, Taiwan's law and regulations had published the "Greenhouse Gas Reduction and Management Act" in 2015.
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In the Q&A session, Dr. Lin explained how to set and achieve the net-zero goal in Taiwan, and it also helps us with a deeper understanding of the legislative direction.
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James Hung, Director, Taiwan Associate of Green Energy Transition, (TAGET), gave us a presentation on the topic “Challenges and Opportunities Arising Out of Green Energy Trading.” Due to the amendment of Taiwan’s “Electricity Law” and the “Renewable Energy Development Regulations,” Taiwanese companies have significantly increased the demand for green power trading.
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In the Q&A session, Director Hung’s answer to the question “When signing a corporate power porches agreement (CPPA) with a company that is not Taipower, how companies can purchase electricity to break through the finical problem” helps companies to purchase electricity to reduce their financing obstacles and difficulties.