Star Buck Power Corporation

Star Buck Power Corporation (Chinese: 星元電力股份有限公司) is a Taiwanese independent power producer (IPP) established in 2006. It was founded by Taiwan Cogeneration Corporation (台灣汽電共生股份有限公司) in response to the Taiwanese government's policy of opening electricity generation to private investment. The company is headquartered in Taipei and operates the Star Buck Power Plant (星元電廠) in the Changbin Industrial Park in Xianxi Township, Changhua County. The Star Buck Power Plant is a natural gas-fired combined-cycle facility with an installed capacity of approximately 490 MW (±10%) and a net generation efficiency of 54%. It uses a 2+1 multi-shaft combined-cycle configuration. The plant began commercial operation on 30 June 2009 and sells all of its net output to Taiwan Power Company (Taipower) under a 25-year power purchase agreement. It is designed as a daily start-stop intermediate-load plant. The company's history is closely tied to Taiwan's power sector liberalization. In January 1999, the Ministry of Economic Affairs announced the "Current Phase Program for Private Power Plant Establishment." In 2004, Taipower announced a need for an additional 340 MW of capacity by 2009, inviting private applications. Taiwan Cogeneration Corporation raised funds to establish Star Buck Power in response. The company received its power plant establishment permit in July 2006, was formally incorporated in September 2006, obtained a work permit for generation equipment in February 2007, and received its electricity business license in June 2009. Commercial operation began on 30 June 2009. The Star Buck Power Plant is notable for being Taiwan's first power plant to receive a green building label (綠建築標章). The site covers 5.6778 hectares with over 35% green coverage and is designed as a park-like facility integrated with the local landscape. The company emphasizes occupational safety and environmental protection, aiming for zero industrial accidents and fulfilling environmental impact assessment commitments regarding air pollution control, wastewater treatment, and waste disposal. Star Buck Power Corporation remains a key player in Taiwan's IPP sector, contributing to the grid's intermediate-load capacity while adhering to environmental and community engagement goals. Its ownership structure is centered on Taiwan Cogeneration Corporation, which founded and continues to hold a major stake in the company.

Star Buck Power Corporation was established in response to Taiwan's power sector liberalization. On 21 January 1999, the Ministry of Economic Affairs announced the "Current Phase Program for Private Power Plant Establishment." In 2004, Taiwan Power Company (Taipower) announced that an additional 340 MW of capacity would be needed by 2009 and invited private applications. Taiwan Cogeneration Corporation (台灣汽電共生股份有限公司) raised funds to establish Star Buck Power Corporation to participate in this program. On 17 July 2006, the company received approval from the Ministry of Economic Affairs for the registration and filing of the power plant establishment permit. On 8 September 2006, "Star Buck Power Corporation" was formally incorporated. On 26 February 2007, the Ministry of Economic Affairs issued the "Electricity Enterprise Generation Equipment Work Permit." On 26 June 2009, the Ministry of Economic Affairs issued the "Electricity Enterprise License." Commercial operation began on 30 June 2009. The Star Buck Power Plant is located in the Changbin Industrial Park in Xianxi Township, Changhua County, covering 5.6778 hectares with over 35% green coverage. It is a park-like power plant integrated with the local landscape and is the first power plant in Taiwan to receive a green building label. The plant uses a 2+1 multi-shaft combined-cycle generation unit with an installed capacity of 490 MW ±10% and a net generation efficiency of 54%. Under a 25-year power purchase agreement with Taipower, all net output is sold to Taipower. It is a daily start-stop intermediate-load plant. The company's vision is to provide efficient, affordable clean electricity, continuously engage in good neighborly relations and community feedback, and coexist and prosper with local communities. In terms of industrial safety and environmental protection, Star Buck Power emphasizes occupational safety and environmental protection, aiming to establish a harmless operating safety environment. It regularly conducts education and training, implements hazard communication and walking inspections, and strives for zero industrial safety accidents. With low-pollution, high-efficiency units, it implements air pollution control, wastewater treatment measures, and industrial waste cleanup in accordance with environmental impact assessment commitments.

• 2009

  26 June: Receives "Electricity Enterprise License." 30 June: Begins commercial operation.

• 2007

  26 February: Ministry of Economic Affairs issues "Electricity Enterprise Generation Equipment Work Permit."

• 2006

  17 July: Receives power plant establishment permit approval. 8 September: Star Buck Power Corporation formally incorporated.

• 2004

  Taipower announces need for additional 340 MW by 2009, inviting private applications.

• 1999

  Ministry of Economic Affairs announces the "Current Phase Program for Private Power Plant Establishment."

Independent power producer focused on efficient, clean electricity and community coexistence.

• Electricity (wholesale to Taipower)

  All net output from the Star Buck Power Plant is sold to Taipower under a 25-year power purchase agreement.

1. 1星元電力股份有限公司 STAR BUCK POWER CORPORATIONstarbuckpower.com.tw
2. 2關於星元電力starbuckpower.com.tw
3. 3Star Buck Power Corporation - Wikidatawikidata.org