Taiwan could lose its leadership role in Asian wind at sea if it insists on a flawed design for an upcoming auction that includes a project size cap, high local content requirements and no protection against inflation, Orsted’s offshore wind chief executive Martin Neubert told Recharge.

“We now need to make sure that when it comes to a future auction framework that Taiwan is not falling behind,” Neubert said in an exclusive interview, citing other markets in the Asia-Pacific region that also have growing ambitions, such as Japan, Korea, Vietnam, India and Australia.