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Taiwan announces new FIT rates for geothermal with premium for next-generation systems

Taiwan announces new FIT rates for geothermal with premium for next-generation systems Zhaori Hot Springs in Taitung County, Taiwan (source: Wei-Te Wong, CC BY-SA 2.0 , via Wikimedia Commons)
Carlo Cariaga 8 Jan 2026

New FIT rates for geothermal power have been announced in Taiwan, with a new category of higher rates for next-generation geothermal technologies.

The Ministry of Economic Affairs (MOEA) has announced a set of new feed-in tariffs (FIT) for renewable power, including geothermal. A next-generation category has been added which offers the highest rates among all categories.

The 2026 feed-in tariffs under the “Renewable Energy Electricity Booster Rates and Calculation Formulas for 2026” are as follows:

  • NTD 5.9615 per kWh for “traditional” geothermal under 5000 kW
  • NTD 4.9242 per kWH for “traditional” geothermal over 5000 kW
  • NTD 8.85522 per kWh for next-generation geothermal

An official from the MOEA clarified that “next-generation” in this context refers to “deep geothermal energy” which the Taiwanese government is directly promoting. This applies to projects requiring development permits from the central competent authority to determine drilling depths exceeding 3000 meters and the use of next-generation geothermal technology.

The MOEA further explained that it considered that the domestic geothermal market is still in its early stages of geothermal development. To help ensure the stability of operators’ capital allocation, the agency canceled the previous FIT rate model which had higher rates at the beginning of project operations and progressively lower rates towards the end.

Taiwan has lofty aspirations for geothermal development, especially given that the country is particularly blessed with high-temperature resources. Through recent years, significant progress has been made by the local industry, from exploration efforts by research institutions to community engagement work by private developers.

Later this year, the MOEA will once again be holding the Taiwan International Geothermal Conference. Now on its 4th edition, the event will gather local stakeholders and international guests for two days of policy, technology, and industry exchange. More details on the upcoming event have been recently published by ThinkGeoEnergy.

Source: Money.udn.com