Taiwan's Offshore Wind Round 3-3 Draws Only Two Bidders; 3.6GW Allocation Likely to Fall Short

Only CIP and Ørsted bid in Taiwan's Round 3-3 auction, which closed September 30, vying for 3.6 GW that will not be fully allocated.

• CIP bid the 1,150 MW Fengmiao 3; Ørsted bid the 924 MW Dadu 1, both off Changhua
• The two sites overlap almost entirely and may trigger a winner-take-all outcome
• Expansion capacity of ~0.5 GW means as little as ~1.5 GW could be awarded
• Unallocated capacity rolls into Round 3-4; results due by end of 2026