Market profile

Taiwan

established * buildout: pending risk: pending outlook: pending

* maturity derived from capacity data; full assessment pending.

2.8
GW operational
3.0
GW in construction
6.0
GW pipeline
27
projects
Operational · 2.8 GW (7)Under Construction · 3 GW (6)Advanced Development · 1.3 GW (2)Early Development · 4.7 GW (5)Proposed · 0.6 GW (1)
Progress to target
11%
2.8 GW operational of 25 GW by 2039
Offshore wind mid-to-long-term plan 2026-2039 — 18.3-19.9 GW by 2035, 24.7-27.9 GW by 2039
Next auction round
Taiwan Round 3 Zonal Development — Block 3.3 (區塊開發 3-3)
2026-H2 · zonal allocation (integrated tender, CPPA) · scheduled
3.6 GW offered
full auction outlook ↓

Assessment

Assessment pending

This market has a derived snapshot above but no in-depth assessment yet. Authored coverage rolls out market by market; the data here is live in the meantime.

State of the market

as of 2026-09-09
41%
of GW sited through contested rounds
7 yr
median award → power
delivered (COD actuals)unweighted dated pipeline (building / contracted / early)Expected Buildout (confidence-weighted)national target (range)superseded targettoday
0510152025GW20202025203020352040todayEXPECTED BUILDOUT → 9.1 GW+ early → 7.6+ contracted → 6.3+ building → 5.5 GW2.8 GW operational25 GW target · 2039

Teal line = the Hafrok Expected Buildout (confidence-weighted): 9.0 GW of live pipeline weights to 6.4 GW expected to complete, timed by each project's COD distribution (mass beyond 2040 not drawn). Bands are the unweighted dated pipeline — the Expected Buildout also models on-hold and undated projects, so it can sit above them. 4.2 GW of pipeline has no dated COD and is not in the bands.

How this line is made

The Expected Buildout line answers one question: of the pipeline announced today, how much actually gets built, and when? It is not a scenario and not a target tracker — it is the database's live pipeline, passed through two filters measured from the industry's own delivery record.

Whether a project completes. Every project in development carries a completion weight, banded Delivering / Expected / Prospective / Fragile. A proposal — a site where no authority has yet granted rights — carries none and sits outside this line entirely; it is listed, not counted. The starting point is the historical completion rate of its lifecycle stage — of projects that reached construction, 97% delivered; financed but not yet building, 92%; consented without financing, 75%; early development, 61%; on hold, 15%. That base rate is then adjusted by what the project has actually secured (offtake, grid, consents, investment decision) and decays if a project sits quiet past its stage's normal dwell time.

When it delivers. Each project also carries a completion-date distribution — a shape, not a single year, right-skewed because offshore wind slips late far more often than it runs early. The peak sits on a rule-based expected date chained from the project's latest achieved milestone; the width of the late tail is fitted to how far past their announced dates real projects actually landed: builders slip tight (68% on time, n=158), financed projects tighter still (72%, n=101), consented-only projects carry the fat tail — 25% land three or more years late (n=133). A stated date faster than any comparable project has ever achieved is floored to the achievable window and flagged, never taken at face value.

The line is the sum, across every live project, of capacity × completion weight × the probability it delivers in each year. For projects already under construction, a share of expected capacity is counted at first power — turbines start generating before a wind farm is fully commissioned — so a market's chart can show capacity arriving a year before a project's stated completion date. Delivered history is metered fact; the line inherits every assumption above and nothing else.

Honest limits. The weights are calibrated on a fleet whose failures have so far been overwhelmingly pre-financing — completion rates after FID rest on a record with few failures, so they are ceilings, not guarantees. The slip fitted on consented projects is the loosest (the "three or more years late" bucket spans many years). Policy shocks arrive faster than base rates move — the weights see a stop-work order only as its lifecycle consequences accrue. And the line redistributes as the database learns: it is re-derived on every data refresh, not frozen.

Full per-project workings — each project's weight, band, expected date and distribution — are on its project page. Calibration v2.0-phase0 · generated 2026-09-09; every figure above is read from the generated calibration file, never typed.

Auction outlook

forecast · 1 round tracked
Seabed leaseOfftake awardIntegrated tenderscheduled — bar spans the expected windowplanned (indicative)postponed / suspendedno date yet (off-axis)
202720282029todaySCHEDULED — DATE CONFIRMEDTaiwan Round 3 Zonal Development — Block 3.3 (區塊開發 3-3) · 2026-H2 · scheduled · 3.6 GW offeredTaiwan Round 3 Zonal Development — Block 3.… · 3.6 GW
Integrated tender Taiwan Round 3 Zonal Development — Block 3.3 (區塊開發 3-3) scheduled
What the date rests on — Applications opened 1 April 2026 and close end-September 2026; results expected end-2026 (year-level estimate, no official results date announced).

Third zonal-development block. Rules changed materially versus rounds 3.1/3.2: NT$0 ("zero-dollar") bidding is banned, replaced by a floor price of 2.29 TWD/kWh (~US$0.07, derived from Taipower's avoided cost), and local-content mandates were eased. Selection is scored on performance record (35%), financial capacity (30%) and execution capability (35%), with a 70% minimum to qualify. No winners yet; results expected around end-2026.

Origination ladder

settled rounds → projects
Seabed leaseOfftake awardIntegrated tenderbirth award (colour = round type)no auction award on record (the chapter names how the site originated)offtake / tender winterminated award / cancelledFIDCOD achievedCOD expected (dashed = still to run)on hold
2015201520202020202520252030203020352035UNCLASSIFIED — ORIGINATION NOT YET ESTABLISHEDGreater Changhua 3 · 570 MW · Proposed · developer's date 2029 · not forecast · No auction award on record · origination unclassifiedGreater Changhua 32029e570 MWDadu I · 924 MW · Early Development · outlook: Prospective · No auction award on record · origination unclassifiedDadu I924 MWDadu II · 2 GW · Early Development · outlook: Prospective · No auction award on record · origination unclassifiedDadu II2 GWTAIWAN OFFSHORE WIND DEMONSTRATION INCENTIVE PROGRA… · 2013Formosa 1 Phase 2 · 120 MW · Operational · COD 2020 · Rounds: tw-demo-2013Formosa 1 Phase 22020120 MWTaipower Changhua Phase 1 · 109 MW · Operational · COD 2021 · Rounds: tw-demo-2013Taipower Changhua Phase 12021109 MWTAIWAN 2018 OFFSHORE WIND CAPACITY ALLOCATION — SEL… · 2018Formosa 2 · 376 MW · Operational · COD 2023 · Rounds: tw-selection-2018Formosa 22023376 MWChangfang-Xidao · 600 MW · Operational · COD 2024 · Rounds: tw-selection-2018Changfang-Xidao2024600 MWGreater Changhua 1 · 605 MW · Operational · COD 2024 · Rounds: tw-selection-2018Greater Changhua 12024605 MWYunlin · 640 MW · Operational · COD 2025 · Rounds: tw-selection-2018Yunlin2025640 MWZhong Neng · 300 MW · Operational · COD 2025 · Rounds: tw-selection-2018Zhong Neng2025300 MWTaipower Changhua Phase 2 · 295 MW · Under Construction · outlook: Delivering · Rounds: tw-selection-2018Taipower Changhua Phase 2295 MWTAIWAN 2018 OFFSHORE WIND CAPACITY ALLOCATION — COM… · 2018Greater Changhua 2 · 632 MW · Under Construction · outlook: Delivering · COD expected 2026 · Rounds: tw-selection-2018, tw-auction-2018Greater Changhua 22026e632 MWGreater Changhua 4 · 583 MW · Under Construction · outlook: Delivering · COD expected 2026 · Rounds: tw-auction-2018Greater Changhua 42026e583 MWHai Long 2 · 518 MW · Under Construction · outlook: Delivering · COD expected 2027 · Rounds: tw-selection-2018, tw-auction-2018Hai Long 22027e518 MWHai Long 3 · 504 MW · Under Construction · outlook: Delivering · COD expected 2027 · Rounds: tw-auction-2018Hai Long 32027e504 MWTAIWAN ROUND 3 ZONAL DEVELOPMENT — BLOCK 3.1 (區塊開發 … · 2022Fengmiao 1 (Taichung) · 495 MW · Under Construction · outlook: Delivering · COD expected 2027 · Rounds: tw-zonal-3-1-2022Fengmiao 1 (Taichung)2027e495 MWCanWind · 500 MW · Cancelled · Rounds: tw-zonal-3-1-2022 (withdrawn)CanWind500 MWDatian · 165 MW · Cancelled · Rounds: tw-zonal-3-1-2022 (withdrawn)Datian165 MWFormosa 4 · 495 MW · Advanced Development · outlook: Expected · Rounds: tw-zonal-3-1-2022Formosa 4495 MWHaiding 2 · 600 MW · Cancelled · Rounds: tw-zonal-3-1-2022 (terminated)Haiding 2600 MWHaixia · 300 MW · Cancelled · Rounds: tw-zonal-3-1-2022 (terminated)Haixia300 MWWei Lan Hai Changhua · 440 MW · Early Development · outlook: Prospective · Rounds: tw-zonal-3-1-2022Wei Lan Hai Changhua440 MWTAIWAN ROUND 3 ZONAL DEVELOPMENT — BLOCK 3.2 (區塊開發 … · 2024Fengmiao 2 · 600 MW · Early Development · outlook: Prospective · COD expected 2029 · Rounds: tw-zonal-3-2-2024Fengmiao 22029e600 MWFormosa 6 · 800 MW · Advanced Development · outlook: Expected · COD expected 2029 · Rounds: tw-zonal-3-2-2024Formosa 62029e800 MWYouDe Offshore Wind · 700 MW · Early Development · outlook: Prospective · COD expected 2029 · Rounds: tw-zonal-3-2-2024YouDe Offshore Wind2029e700 MWDeshuai · 240 MW · Cancelled · Rounds: tw-zonal-3-2-2024 (cancelled)Deshuai240 MWHaiding 1 · 360 MW · Cancelled · Rounds: tw-zonal-3-2-2024 (cancelled)Haiding 1360 MW