Friday, April 21, 2017

Taiwan: Renewable Energy Certificates Encourages Enterprises to Use Renewables

‘Green’ energy certification aims to attract investors (Taipei Times)

The Ministry of Economic Affairs of Taiwan yesterday established the National Renewable Energy Certificate center as part of efforts to attract foreign enterprises that pledge to use “renewable” energy when investing or placing orders with local manufacturers.

RECs, also known as “green” tags, provide proof that an enterprise’s electricity was generated from an eligible renewable energy source. The US, EU, Japan and Australia also have institutions to issue RECs.

Certifiable renewable energy sources include solar, wind, biomass, hydroelectric and geothermal power, bureau Director-General Liu Ming-chung (劉明忠) said.

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