Net-zero carbon emissions have become a major global concern. Since the passage of Taiwan's Climate Change Response Act, the carbon market issue has once again gained momentum. As Taiwan's carbon trading market is set to be established, the government and businesses face the challenge of how to adapt to this transition. In this seminar, we have invited experts from various market sectors to discuss topics such as strategies for Japanese companies to improve their ESG ratings, decarbonization and the application of green energy tools in Japan's power sector, prospects for carbon credit development under Taiwan's Climate Change Response Act, trends in Taiwan's carbon reduction impact investments, and international sustainability standards and greenhouse gas verification practices. We hope that every participant will gain insights into facing this new wave and develop the best approaches for businesses and the environment. We also encourage in-depth discussions among the participants during this seminar. Conference information: Organizers: New Energy & Electricity Development Center, National University of Kaohsiung, Taiwan & Mt.Stonegate Green Asset Management Ltd. Supporters: Bureau Veritas Group Co-organizers: Arbon Capital Co., Ltd. & Nanjitan Carbon Management Ltd. Supervisors: Environmental Protection Administration, Executive Yuan Contact information: Mt.Stonegate Green Asset Management Ltd.- Project Analyst, Lynn Hsiao E-mail: lynn.hsiao@mtstonegate.com TEL: +886 4 2380 7548 FAX: +886 4 2380 7549

Want to be an Environmental Leader? MSG CAN HELP! Congratulations! MSG became a CDP-accredited renewable energy solutions provider at the CDP Partner Signing Ceremony on April 18, 2023！ One of the indicators of corporate carbon reduction —— CDP Carbon Disclosure Project (CDP) is an international non-profit organization that promotes disclosure and risk management of companies' carbon emissions and reduction strategies through stakeholder investors and brand supply chains. With the increasing enthusiasm for carbon reduction, CDP has also proposed the issues that enterprises should strengthen in that year, based on the annual questionnaire response. From the company's internal carbon pricing presented in 2020, to the Climate Transition Plan in 2021, to the 2022 Global Supply Chain Report released this year, each year CDP continues to come up with new low-carbon keywords that become carbon reduction targets for corporations for that year. Therefore, enterprises should not only achieve internal carbon reduction performances every year, but also pay attention to the various issues brought up by CDP at all times. Faced with such a succession of challenges, enterprises may feel overwhelmed. As a result, CDP is looking for Accredited Solution Providers (ASPs) to provide organizations with a reliable partner. What is ASP？ ASP is an Environmental Service Provider accredited by CDP. CDP helps organisations to select reliable partners by auditing the professional services of providers, helping them to access accredited, high quality providers on the path to Net Zero. CDP classifies the ASPs they work with by "type of service provided", From basic services such as greenhouse gas inventories, corporate education and training, to services that are difficult to measure, such as calculations in Scope 3 and opportunity/risk assessments, there are all types of services available! Organizations can access CDP's official website to find an ASP that matches their needs for dependable sustainability consulting services. For example, if a company needs renewable energy to achieve its goals, either by regulation or on a voluntary requirement, they can look for a CDP partner that "offers renewable energy services" on the CDP website. The site then lists renewable energy providers or consultants that have been accredited by the CDP so that the company can get high-quality service in the quickest method. Let MSG Lead You to a Better Future MSG has been dedicated to environmental consulting since 2013, providing not only multiple renewable energy solutions, but also carbon credits development/procurement and environmental sustainability education training, among other services. So far, we have accumulated many stable partnerships. MSG is honored to be a member of ASP on the recommendation of our client! We also confirmed the strategic partnership with Beijing CDP in the afternoon of April 18, 2023 at the "2023 Annual Disclosure Kick-off Meeting". In the future, MSG will provide more organizational environmental solutions and more comprehensive one-stop sustainable development strategies through CDP, a channel that brings together our decade-long experience and expertise!

Background of China PPA PPA (Power Purchase Agreement) is an effective way to purchase electricity at stable and predictable prices. It is widely used in Europe with a long-term deal of 5 years or more. While China, as the biggest renewable power supplier, its domestic renewable power PPA market is still in its infancy. With volatility and poor predictability, renewable power provides limited benefits in the electricity commodities market, so it has natural disadvantage compared to thermal power. In China’s ‘Dual Carbon’ background, renewable PPA, as a vital way to use renewable energy, has become much more popular than before. Renewable power trading pilots were first operated in Beijing Power Exchange Center and Guangzhou Power Exchange Center on September 7th, 2021. The transaction method is mainly bilateral negotiation, and the price is an average premium of 3-5 cents per degree compared with traditional PPA transactions. And while the technology focuses on wind and photovoltaic at first, it will gradually add trading varieties like hydro in the future. By the end of 2021, a total of 25 provinces across the country will have engaged in renewable power transactions. Renewable PPA Encourage Policy As the pilots operated successfully, China decided to pace up PPA signings this year. On December 22, 2022, the state issued the "Notice on Signing and Performance of Mid-to Long-Term Power Agreements in 2023", pointing out that power users are encouraged to sign more than one-year PPAs with green energy companies. Organization and execution priority will be given to those who sign long-term contracts. This is a breakthrough. Not only will the PPA market be liberalized, but there will be mandatory high-ratio indicators. It is generally required that the trading electricity PPA in 2023 should be more than 80% higher than the electricity consumption of the previous year. In terms of price, it will provide renewable companies with long-term and stable prices. The price of green electricity is formed according to supply and demand, both the electricity and environmental value are indicated in the transaction price. Other regulations include contract digitalization, improvement of inter-provincial PPA mechanism, flexible contract adjustment, agreement performance, etc. Domestic renewable power PPAs will be improved gradually, and more enterprises will be able to use long-term green power. Large-scale electricity users are encouraged to sign medium and long-term PPAs. Southern Regional PPA Market Recently, the southern power market—— Guangzhou Power Exchange Center released ‘The Medium and Long-term Trading Scheme of Southern Regional Power Market in 2023’. This is the first official PPA scheme since the southern regional power market was officially launched for trial operation. The southern regional power market covers five southern provinces including Guangdong, Guangxi, Yunnan, Guizhou, and Hainan. With an early start and rich experience of the southern power market, this PPA Scheme will also set a great example for other regions. According to the ‘2022 Southern Region Inter-Provincial Power Market Operation Report’, the medium to long-term market-oriented transactions in the southern region in 2022 was 738.86 billion kWh, a year-on-year increase of 27.4%, accounting for 50.1% of the total electricity consumption in the southern region.[1] In 2023, the scale of market-oriented transactions in the southern region will be further expanded. The scheme predicts that in 2023,market-oriented transactions in the southern region (including power purchased by the power grid) will be around 1,119.6 billion kWh. Among them, the trans-provincial and trans-regional trading power (excluding retained power) is expected to be 218.7 billion kWh; Guangdong's transaction scale is expected to be the biggest, which is 550 billion kWh. And Guangxi, Guizhou, Yunnan, Hainan are as follows: Source: The Medium and Long-term Trading Scheme of Southern Regional Power Market in 2023 Although the country has accelerated its pace in establishing PPA market, corporates willingness to enter this market is also important. The cost of renewable power is always higher than traditional gas and oil power. So how can the government enhance corporates ‘motivation to purchase renewable energy？ Mandatory policy is the key. Renewable power transaction market shall be combined with renewable energy consumption responsibility mechanism. It’s vital to improve region’s renewable energy consumption responsibility weight and implement the accounting and assessment on these corporates' consumption weight performance. The National Development and Reform Commission and the National Energy Administration would issue new energy power consumption responsibility weights every year. Each region’s government shall reasonably formulate the consumption weights of various entities, and clarifies the consumption distribution and accounting methods. Local government authorities shall organize market supervisors to regularly announce the performance of market players' consumption responsibilities, and enforce punitive measures against those market players who have not completed their annual consumption responsibilities. Moreover, renewable power tradings shall expand to a longer time scale in the future. Foreign long-term PPAs that integrate electricity and certificates are generally 8 to 15 years. This has many benefits, including providing stable income expectations for renewable energy companies, attracting investment, and promoting their healthy development. Under the background of the "Daul Carbon" goal and the accelerated construction of the power market, on the one hand, China must continue to enhance the reliability of the power system and build a large number of flexible resources. On the other hand, the high power prices caused by the shortage of supply during peak hours should be alleviated; Only with Renewable Energy PPA that expands to a longer time-scale transaction method, can give renewable energy corporates long-term and stable income expectations, and renewable energy can be a more common choice for corporate power users. Source： [1] 2022 Southern Region Inter-Provincial Power Market Operation Report

Mt.Stonegate Green Asset Management Ltd. Assistant Project Manager, Shanghai “From Asia to the world, we empower consumers choice to reveal the true virtual of green electricity.” Mt.Stonegate is rapidly expanding! We are looking for someone who can take part in our extensive global network to learn and grow with us. This is your opportunity to learn more about the energy sector and impact the success of our business and your own personal growth. * This position is based at our Shanghai office located in Xuhui District. Who are we? Mt.Stonegate is one of the most active renewable energy traders and consulting firms in the Asia Pacific region. We are headquartered in Taiwan, with operations in Shanghai and Japan. From carbon credits, renewable energy to wind farm development, we unlock hurdles each stops along the way to make possible the sourcing of renewable energy for corporates. Our Core Values: Our globalized outreach has found us a passionate team of professionals with diverse backgrounds and ethnicity. We play diversity to our strength to support our mission and find genuine harmony in love and respect. Work with an Open-Mind: Being in a fast-changing market, we stay flexible with the solutions we provide and are not afraid to make mistakes. We love our work, and value our people: We devote energy and resources to building your skills and support your growth. We work as a team to support our mission and find genuine trust, love, and respect. Who are we looking for? We have an opening for Assistant Project Manager, with visible career development pathway. This opportunity is currently open to new-grad students currently in their final year of study. Key Responsibilities Support project management upstream and downstream, engage with and support the communication between developers and corporate clients; Support developing tailored scope of carbon emission reduction consultancy services for corporate as well as its supply chain; Manage productive working relationship with clients in mainland China, Taiwan and overseas; Keep abreast of latest policy and regulations on the carbon market to enhance service delivery standards in a practical way; Provide research assistance focusing on the renewable energy, carbon and power markets, follow latest news and policies; Support corporate clients in better understanding global initiatives related to the renewable energy field; Build a social media presence by maintaining a solid online presence; Provide administrative support and event (online and offline) support as required. Job Requirements Undergraduate (No restrictions on education backgrounds in case of excellence); There is no limit on the professional, give priority to Major in environmental sciences, marketing, public policy, international relations, English or related areas; Enthusiasm for and keen interest in climate change and environment-related issues; Exceptional verbal and written communication skills in Mandarin Chinese (Native level) and English (Fluent). CET-6 scored 500+，or IELTS scored 6+ or other equivalent grades to prove your English fluency; Ability to work under pressure, careful work, serious attitude, down-to-earth and strong sense of responsibility; Flexibility and willingness to travel; Familiar with word, Excel and other common office software; Ability to work effectively remotely and in remote teams; Ability to work on multiple tasks at a time, and to work well among a team in a fast-paced work environment; Self-driven with ability to work independently with minimal supervision. Job Highlights This role allows you to wear multiple hats to help you find your career passion We are a workplace that encourage everyone to bring their whole selves to work Industry professionals to guide you along the way Become part of a great team and work with us towards a more sustainable planet How to Apply? If you are willing to take on steep learning curve, AND appreciate work-life balance, we would love to hear from you. Please submit your interest with the following: 1. Cover letter in English; 2. Your CV in both Chinese and English, concisely demonstrating how you meet the required skills, experience or key responsibilities. to HR@mtstonegate.com. Visit Our Website: https://www.mtstonegate.com Follow us on LinkedIn: https://www.linkedin.com/company/28706474/admin/ 门深商务服务（上海）有限公司 正式员工招募 - 项目副理 - 上海 门深正在迅速扩张中！我们正在寻找能够与我们一起在全球网络中学习和成长的你。这是一个能够获取更多能源领域知识的机会，不仅能协助你个人的成长，且对于门深业务的成功将有显著的影响力。 *此职缺位于徐汇区的上海办公室 Mt.Stonegate是亚太地区最活跃的可再生能源贸易商兼咨询公司之一。我们的总部位在台湾，并在上海及日本都拥有运营据点。从碳权、可再生能源到风力发电厂开发，我们为企业排除在采购可再生能源电力中的障碍，让可再生能源采购不再窒碍难行。 我们的核心价值： 我们的全球化拓展带领我们成为一支由不同背景和种族所组成的专业团队，并且充斥着充满热情的专业人士。我们透过多元化的优势支持我们的使命，在充满热情及尊重的工作环境中达成员工、公司和客户的共同发展。 以开放的心胸工作：我们对我们提供的解决方案保持灵活性，以因应快速变化的市场，并且不害怕犯错。 我们热爱我们的工作，且重视员工：我们致力于培养你的技能和支持你的成长。身为一个团队，我们重视真诚、信任及尊重。 我们在寻找谁？ 我司正在招募项目经理助理的职位空缺，并提供确切职涯发展途径。本机会开放给广大应届毕业生。 主要职责： 上游和下游的项目管理，参与并协助项目业主和企业用户间的沟通； 帮助企业及其供应链根据企业实际情况制定减碳的咨询服务； 维护中国大陆、台湾及海外客户的关系； 学习并更新碳市场相关的政策法规，为企业提供切实可行的资讯信息； 协助着重于可再生能源和电力市场的研究，关注最新发布的新闻和政策； 协助企业用户了解与可再生能源领域相关的国际倡议； 搭建企业社交媒体； 根据需要提供行政及线上及线下活动相关的协助。 工作经验要求： 本科（如遇优秀者可放宽限制）； 专业不限，环境科学、市场营销、公共政策、国际关系、英语等相关专业优先； 对气候变化和环境相关议题有热情和浓厚的兴趣； 良好的中英文沟通能力，包括书面和口语表达（大学英语六级500分及以上或雅思6分及以上或同等级别证书）； 良好的抗压能力，工作仔细，态度认真，为人踏实，有较强的责任感； 具有灵活性，愿意出差； 熟练运用Word、Excel等常用办公软件； 与远程团队有效开展合作； 强自驱力，能够独立开展工作。 工作亮点： 本职位能让你尝试不同工作性质与内容，协助你找到自己的职涯热情。 行业专家提供全程指导。 为创造更加永续的地球环境及世界而努力。 如何投递简历？ 如果你愿意挑战自我并与我们一同学习成长，且注重工作与生活间的平衡，我们非常欢迎您的来信。 请提交以下内容： 英文求职信; 中、英文简历（请简明扼要地说明您的专业技能、工作经验及您如何满足工作要求和关键职责。） 请提交至HR@mtstonegate.com信箱。 访问我们的网站： https://www.mtstonegate.com 在LinkedIn上关注我们： https://www.linkedin.com/company/28706474/admin/

Figure 1. ASEAN Member States’ Flags Southeast Asia is one of the leading regions which experienced rapid socio-economic growth, urbanization, industrialization, and growing demand for energy. The IMF predicts that by 2027, the region will foresee an average GDP growth of 6.2%. In addition, ASEAN[1] is home to more than 675 million people, which indicates a substantial energy demand. Most of the ASEAN member states have committed to carbon neutrality or net-zero emissions and pledged to reach 23% of renewable energy in the energy mix with 35% in total installed capacity. However, although the member states have agreed on a collective target, they must work on domestic policies to attract foreign investment in the renewable energy sector. In addition, other than the Philippines and Singapore, all other states still adopted the single-vertically integrated utility model in their power market, making it heavily regulated by the government. For decades, 75% of the energy needs within the region have been supplied by fossil fuels, with coal as its primary fuel. The installed capacity of coal power plants has increased by 7% annually since 2017 with the support of international investors. Renewables, on the other hand, only account for less than a quarter of the installed capacity, most of which comes from hydropower. The region has a high potential for solar energy as its location is within the equator; however, the growth is less significant than expected, except for Vietnam. [1]ASEAN (Association of the Southeast Asian Nations) member countries: Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Viet Nam. Vietnam Over the past three years, Vietnam has been the leading country that shows significant growth in solar power, thanks to the implementation of the feed-in tariff scheme. In 2021, the total installed solar power capacity reached 22 GW, a remarkable boost from near zero in 2017. The installed capacity of fossil fuels in the country has been pushed down to below 50% due to the addition of these solar projects. However, relying on solar power without having a sound energy storage system will result in grid imbalance, which is becoming an issue in the country. In 2022, the government launched a pilot direct power purchase agreement (DPPA) scheme, allowing corporations to buy renewable power directly from independent power producers. Philippines The Philippines is expected to surpass Vietnam's renewable power capacity in 2030. Currently, around 80% of the electricity produced comes from fossil fuels. With strong economic growth, energy demand in the country will continue to spur; nonetheless, many predict that the gas reserve in the country wouldn't be able to supply more energy and coal itself has reached a record high within the past few years. The situation makes renewable the only independent power source the country could rely on. As a result, the government is pushing for foreign investment within the sector, which resulted in the capacity addition of solar and wind power that will come online in 2025-2027. Indonesia Indonesia, the biggest economy in the region, needs help developing renewable power. Since 2011, the share of renewable in the energy mix is fluctuating at around 11-12%. One of the reasons is that the country is rich in fossil fuel supply, where Indonesia is one of the largest coal exporters globally and the abundant resource of natural gas reserves. Despite the global increase in coal prices, the price of domestic coal for electricity generation is only USD 70 per ton. In 2016 the government introduced a feed-in tariff scheme for renewable power; however, in just a year, the tariff was adjusted again, making renewable has to compete with cheap domestic coal. The Ministry of Energy and Mineral Resources recently launched a domestic carbon trading mechanism for coal power plants by implementing a cap on their annual emission -- an action that hopefully sends a strong signal for decarbonization within the country. Malaysia Similarly to other ASEAN states, Malaysia relies on fossil fuels for its energy supply, and Malaysia is known as one of the region's largest oil and gas producers. Yet, coal and gas account for about 75% of the total installed capacity, and hydropower is the country's largest renewable source. Currently, two grid interconnections connect Malaysia to Thailand in the North and Singapore in the South; however, no regular trading utilizes the connection. The Malaysian government has implemented regulations intending to support renewable energy development. The feed-in tariff mechanism applies to renewable power plants with less than 30 MW capacity. There are a few more options for solar projects besides the feed-in tariff, such as net metering (for on-site / rooftop) and the large-scale solar bidding program. Thailand Thailand has heavily relied on fossil fuels for its energy needs, accounting for more than 78% of the installed capacity. However, in its power development plan 8 (PDP 8 ), published in 2018, the government has yet to make an immediate plan to increase the share of renewable energy in the energy mix, showing that 65% of the installed capacity still comes from fossil fuel. In addition, Thailand is also a net energy importer, which makes the economy very volatile. The situation is becoming the country's primary driver of renewable energy development, and it has been supported by implementing the feed-in tariff mechanism for renewable power. Singapore Although Singapore is the smallest country in the region, Singapore is one of the significant drivers for renewable development. Singapore is an energy import-dependent country, with over 95% of its energy supplied by fossil fuels import. The power market structure is the leader among other countries within the region with its full market liberalization. Since Singapore is very limited in its natural resources and land area, the government is pushing for international collaborations with its neighbouring countries to increase renewable energy supply domestically. Singapore recently purchased 100 MW of hydropower from Lao PDR, which will utilize the grid connection of Lao-Thailand-Malaysia-Singapore. Brunei, Cambodia, Lao, Myanmar The remaining member states of ASEAN also play an essential role in the decarbonization strategy within the region through renewable energy. For instance, Lao is an energy exporter exporting electricity from its abundant hydropower and cheap coal resource, mainly to Thailand and Vietnam. In addition, with its generous oil reserve, Brunei also needs to formulate its strategy moving forward and focus on the development of renewable. Myanmar and Cambodia have each set their carbon-neutrality target, which includes renewable energy in their approach. Figure 2. Sidrap Wind Farm, Indonesia (Source: PT UPC Sidrap Bayu Energi) ASEAN Countries, known for being agricultural and natural resources hubs, are undergoing a shift towards globalization driven by the presence of manufacturing industries and supply chain networks, making it one of the most critical regions globally. As a region with the fastest economic growth and massive industrialization, energy will play an essential role in future decarbonization strategies. Therefore, ASEAN member states must adopt a more comprehensive approach to developing renewable energy to accelerate the energy transition. International collaborations and domestic policy support are the key factors that can help achieve collective targets. In addition, a strong demand for renewable energy from the public and private sectors could accompany the energy transition actions taken at a higher level. Industries, corporates, and even households can contribute by demonstrating a firm commitment to voluntary renewable energy consumption. By doing so, they can help accelerate the transition to a more sustainable future for the ASEAN region and beyond. Reference: IEA (2023), ASEAN Renewables Investment: Opportunities and Challenges, IEA, Paris. https://www.iea.org/reports/asean-renewables-investment-opportunities-and-challenges IRENA (2022a), Indonesia energy transition outlook, International Renewable Energy Agency, Abu Dhabi. https://www.irena.org/Publications/2022/Oct/Indonesia-Energy-Transition-Outlook IRENA (2022b), Renewable energy auctions: Southeast Asia, International Renewable Energy Agency, Abu Dhabi. https://www.irena.org/Publications/2022/Dec/Renewable-energy-auctions-Southeast-Asia IRENA (2023), Malaysia energy transition outlook, International Renewable Energy Agency, Abu Dhabi. IRENA & ACE (2022), Renewable energy outlook for ASEAN: Towards a regional energy transition (2nd ed.), International Renewable Energy Agency, Abu Dhabi; and ASEAN Centre for Energy, Jakarta. https://www.irena.org/Publications/2022/Sep/Renewable-Energy-Outlook-for-ASEAN-2nd-edition Maguire, G. (2023), Column: Philippines set to go from renewable laggard to leader in SE Asia, Reuters. https://www.reuters.com/markets/commodities/philippines-set-go-renewable-laggard-leader-se-asia-2023-03-14/ Reuters (2023), Indonesia launches carbon trading mechanism for coal power plants, Reuters. https://www.reuters.com/business/energy/indonesia-launches-carbon-trading-mechanism-coal-power-plants-2023-02-22/

Mt. Stonegate Japan, LLC. Assistant Project Manager, Tokyo, Japan “From Asia to the world, we empower consumers choice to reveal the true virtual of green electricity.” Mt.Stonegate is rapidly expanding! We are looking for someone who can take part in our extensive global network to learn and grow with us. This is your opportunity to learn more about the energy sector and impact the success of our business and your own personal growth. * This position is based at our Tokyo office located in Minato-ku. Who are we? Mt.Stonegate is one of the most active renewable energy traders and consulting firms in the Asia Pacific region. We are headquartered in Taiwan, with operations in Shanghai and Japan. From carbon credits, renewable energy to wind farm development, we unlock hurdles each stops along the way to make possible the sourcing of renewable energy for corporates. Our Core Values: Work with an Open-Mind: Being in a fast-changing market, we stay flexible with the solutions we provide and are not afraid to make mistakes. We love our work, and value our people: We devote energy and resources to building your skills and support your growth. We work as a team to support our mission and find genuine trust, love, and respect. Who are we looking for? We have an opening for Assistant Project Manager and this opportunity is currently available to new-grad students who are in their final year of study. Job Summary As an Assistant Project Manager, you will be responsible for supporting project management and communicate between project developers and corporate clients. Apart from that you will also work on developing tailored carbon reduction strategies for corporate clients. Key Responsibilities Support project management upstream and downstream, engage with and support the communication between developers and corporate clients; Support developing tailored scope of carbon emission reduction consultancy services for corporate as well as its supply chain; Manage productive working relationship with clients in Japan and overseas upon request; Keep abreast of latest policy and regulations on the carbon market to enhance service delivery standards in a practical way; Provide research assistance focusing on the renewable energy, carbon and power markets, follow latest news and policies; Support corporate clients in better understanding global initiatives related to the renewable energy field; Build a social media presence by maintaining a solid online presence; Provide administrative support and event (online and offline) support as required. Job Requirements Undergraduate (No restrictions on education backgrounds in case of excellence); There is no limit on the professional, give priority to Major in environmental sciences, marketing, public policy, international relations, English or related areas; Enthusiasm for and keen interest in climate change and environment-related issues; Exceptional verbal and written communication skills in Japanese (Native level) and English (Fluent); Ability to work under pressure, careful work, serious attitude, down-to-earth and strong sense of responsibility; Flexibility and willingness to travel; Familiar with word, Excel and other common office software; Ability to work effectively remotely and in remote teams; Ability to work on multiple tasks at a time, and to work well among a team in a fast- paced work environment; Self-driven with ability to work independently with minimal supervision. Job Highlights This role allows you to wear multiple hats to help you find your career passion We are a workplace that encourage everyone to bring their whole selves to work Industry professionals to guide you along the way Become part of a great team and work with us towards a more sustainable planet How to Apply? If you are willing to take on steep learning curve, AND appreciate work-life balance, we would love to hear from you. Please submit your interest with the following: Cover letter in English; Your CV in both Japanese and English, concisely demonstrating how you meet the required skills, experience or key responsibilities. to HR@mtstonegate.com. Visit Our Website: https://www.mtstonegate.com Check the Job Post below: https://www.linkedin.com/jobs/view/3517672260/

The Indonesia Center for Renewable Energy Studies (ICRES), in collaboration with KADIN Net Zero Hub, RE100, WRI Indonesia, and Mt. Stonegate Green Asset Management, held a workshop on February 14, 2023, with the topic "The Role of Renewable Energy in Meeting Carbon Neutrality Target". The event brought together various experts to share their latest research, insights, and best practices, among them Paul Butarbutar, who acted as moderator and introduced ICRES and the objectives of the event, Surya Darma representing ICRES, Madeline Pickup representing RE100, Octavianus Bramantya representing KADIN Net Zero Hub, Tatwadhika Siddhartha representing WRI Indonesia, and Albert Sutanto representing Mt. Stonegate. The event was attended by around 50 participants from various backgrounds. Surya Darma explained the "Importance of Renewable Energy in Achieving Net-Zero Emissions" in Indonesia. He started the presentation by introducing ICRES’ missions and objectives, which aim to support the government's efforts to transition energy toward net-zero emissions through dialogue and the exchange of knowledge and experiences. TREN-D, or Think Renewable Energy for Decarbonization, will be the flagship that will be used by ICRES to facilitate dialogue between national and international experts and policymakers. Surya Darma explained the current global trend in energy, transitioning from high-GHG-intensive energy sources, such as coal and crude oil, towards cleaner and renewable energy. He mentioned that Indonesia, with its abundant renewable energy potentials such as Solar, Hydro, Bioenergy, Wind, Geothermal, and Tidal, can transition towards renewable energy and meet the net-zero emission target by 2060 or earlier. However, this transition toward renewable energy technology needs to be well-planned and implemented gradually. This is important to mention since Indonesia has been depending on fossil fuels for a long time. There are a huge number of people who depend on fossil fuels for energy. Therefore, it needs just enough energy transition without jeopardizing energy security and affordability. Further, Surya Darma highlighted that in honour of the 100 years of Indonesian Independence Day, when Indonesia would be expected to become part of the Big 5 with the highest GDP, the required economic growth needs to be in line with this just energy transition, meaning Indonesia must rely on renewable energy sources as energy sources. For an energy transition to happen, Indonesia will need huge investments in energy infrastructure and human resources that can drive this transition. Moreover, the government needs to establish a strong legal base that could encourage investors to invest in renewable energy. Madeline Pickup from RE100 spoke about "RE100: Corporate Demand Shifting the Global Renewables Landscape." She introduced the RE100 initiatives, their policies, and the growth of members who are committing and disclosing their emissions by joining the RE100. The importance of renewable energy in achieving net-zero emissions cannot be overstated, and many businesses are leading the way in the transition to sustainable energy practices. The global RE100 campaign is encouraging suppliers to invest in renewable energy and changing the demand for renewable energy. She mentioned that over 390 members have joined the effort so far, indicating the campaign’s significant success. Small and medium-sized businesses are expected to follow major organizations’ lead and switch to renewable energy sources as a result of the ripple effect. One of the highlights from Madeline’s presentation is the market transformation that is happening in Asia. Several countries, including Japan, Taiwan, Korea, India, Vietnam, and the Philippines, have made significant progress toward the RE100 initiatives. Octavianus Bramantya from KADIN Net Zero Hub spoke about the "Industry Net Zero Trend". He introduced the net-zero trend at the industry level by using a reference from the "neo-classical circular flow model." He mentioned that every corporation can contribute to the transition toward net zero, and governments can create new policies, but we as consumers should be able to control the resources that we are using. The Science-Based Targets Initiative (SBTi) will serve as a benchmark for multinational corporations' pledges to achieve net-zero emissions targets. According to SBTi, in 2021, over 2,253 companies will commit to setting their targets to SBTi. The trajectory of reaching emissions reductions based on the 2019–2020 period is around 12.1% compared to 5.2% globally. These emissions reduction targets from corporates are demonstrated by the emergence of new technological inventions such as tidal waves, geothermal, wind and hydro. One of the highlights of Bram’s presentation is the implementation of CBAM in EU nations. The laws will have an impact on several industrial sectors, including cement, steel, and others, and future initiatives will target more industries. He concludes that current customers are beginning to use low-emissions products, and public awareness is rising. These worldwide changes will take place as a result of the market forces driving company transformation and the net-zero initiative. KADIN pushes corporations in Indonesia to validate their net-zero emissions. In the industry, committing to net zero is a new type of TREN-D. The private sector is ready to take the initiative and make progress in the decarbonization initiative. Positive government signals in the form of policy improvements will also be required to advance. Tatwadhika Siddhartha spoke about "Corporate GHG Inventory Accounting Scope 1, 2, and 3". He introduces the GHG Protocol, Supply Chain Mapping in understanding organizational boundaries, and steps in calculating the GHG calculation. He first introduced the GHG emissions accounting, management, and reporting system. The GHG protocol standards and guidance will enable companies to report and disclose all of their emission reductions. This is crucial for companies to effectively manage their environmental impact and achieve sustainability goals. By tracking their emissions with the right methodology, companies can identify areas for improvement and develop effective strategies to reduce their carbon footprint and increase competitiveness of the company. He mentioned the Corporate GHG Inventory accounting methodology, which refers to the process of quantifying and reporting an organization’s greenhouse gas (GHG) emissions. These emissions can be categorized into three scopes: scope 1, scope 2, and scope 3. Scope 1 emissions are the direct emissions from sources that the organization owns or controls, such as transportation fleets or on-site combustion facilities. Indirect emissions from purchased steam, heat, or electricity are referred to as scope 2 emissions. Scope 3 emissions are the remainder of indirect emissions that happen along a company’s value chain, including emissions from transportation, suppliers, and product consumption. In his presentation, he mentioned the three basic steps in calculating the carbon footprint. The first step is to set the reporting period and base year for calculating the GHG emission inventory. Second, identify emission sources based on the three scopes. Third, choose the calculation method, and finally, collect data and select the emission factors that will be used and can provide the greatest accuracy. One of the highlights from his presentation is he mentioned that to achieve Indonesia's net-zero targets, they will need a strong baseline for counting their GHG emission factor. A baseline enables precise tracking of emissions over time and serves as a starting point for evaluating progress. He concludes that a solid baseline for measuring GHG emissions is crucial to Indonesia’s attempts to combat climate change, reduce the scope 2 emission factor to reach net zero, and raise Indonesia’s competitiveness from other countries. Albert Sutanto spoke about "Corporate Emission Reduction Strategy: Renewable Energy". He began with an overview of Mt. Stonegate and the consulting services, project management, and renewable energy sectors that they can offer. He noted that corporates can reduce their emissions targets by purchasing Energy Attributes Certificates (EACs). He mentioned that Indonesia’s approach to the purchasing of electricity is still controlled by the state’s electricity (PLN). The regulatory framework for PPAs has been slow to develop and is often seen as unpredictable. Unlike other countries where PPAs for renewable energy are widely available, Indonesia has struggled to attract investment in renewable energy due to a lack of regulatory clarity and inconsistent policies. He mentioned that EACs were developed to track the environmental and social attributes of electricity generation and use, such as the type of energy source used (wind, solar, hydropower, etc.), the location of the generation facility, and the emissions associated with the electricity generation. This allows organizations to demonstrate their commitment to using renewable energy sources and reducing their carbon footprint. By purchasing EACs, organizations can support the development of renewable energy sources and contribute to the growth of the renewable energy sector. One of the highlights from the presentation is that currently there is a new global trend in the procurement of green energy by corporations. He concludes that purchasing these green energy certificates can be a signal for stakeholders to develop more Renewable Energy projects and increase the number of industries and corporates joining RE100 to achieve net zero. Prof. Dr. Agus Hermanto, Member of the Supervisory Board of ICRES and former Vice Chairman of the Parliament of Indonesia (Dewan Perwakilan Rakyat), spoke about the renewable energy progress in Indonesia. The availability of the draft law on new and renewable energy (RUU EBT) , is a significant step toward the country’s transition to a more sustainable energy system. With this important achievement, he hopes that Indonesia can make significant progress in transitioning to a net-zero country and that the renewable energy target can be strengthened. The event was concluded with a Q&A session and closing remarks by the speakers. You may download the speakers’ slides from the links below: 1. Surya Darma_Importance of Renewable Energy in Achieving Net Zero Emission - Tren-D Dialogue-ICRES_Feb 23 2. Madeline_Slidedeck RE100 for Indo ICRES session 3. Octavianus Bramantya_NZH_ICRES_220213 4. Tatwadhika Siddhartha_WRI Slidedeck - Feb14 ICRES 5. Albert Sutanto_230214_Workshop_Jakarta_Albert

Mt.Stonegate Green Asset Management Ltd. Assistant Project Manager, Taichung City Who are we? Mt.Stonegate is one of the most active renewable energy traders and consulting firms in the Asia Pacific region. We are headquartered in Taiwan, with operations in Shanghai and Japan. From carbon credits, renewable energy to wind farm development, we unlock hurdles each stops along the way to make possible the sourcing of renewable energy for corporates. Our Core Values: Work with an Open-Mind: Being in a fast-changing market, we stay flexible with the solutions we provide and are not afraid to make mistakes. We love our work, and value our people: We devote energy and resources to building your skills and support your growth. We work as a team to support our mission and find genuine trust, love, and respect. Who are we looking for? We have an opening for Assistant Project Manager and this opportunity is currently available to new-grad students who are in their final year of study. This position is based at our Taichung office located in Xitun District. Job Summary As an Assistant Project Manager, you will be responsible for supporting project management and communicate between project developers and corporate clients. Apart from that you will also work on developing tailored carbon reduction strategies for corporate clients. Job Requirements Undergraduate (No restrictions on education backgrounds in case of excellence) Priority is given to Major in environmental sciences, marketing, public policy, international relations, English or related areas Enthusiasm in environment-related issues and climate change Exceptional verbal and written communication skills in Mandarin Chinese (Native level) and English (Fluent) Familiar with Microsoft Office including Word and Excel Ability to work under pressure and on multiple tasks at a time Self-driven and ability to work independently with minimal supervision Key Responsibilities Support corporate clients in better understanding of global initiatives related to the renewable energy field Provide research assistance focusing on the renewable energy, power and carbon markets and keep abreast of latest policy and regulations Provide administrative support and event support as required Job Highlights This role allows you to wear multiple hats to help you find your career passion Become part of our great team and work with us towards a more sustainable planet How to Apply? If you are willing to take on steep learning curve, AND appreciate work-life balance, we would love to hear from you. Please submit your interest with the following: Cover letter in English; Your CV in both Chinese and English, concisely demonstrating how you meet the required skills, experience or key responsibilities. to HR@mtstonegate.com. Visit Our Website: https://www.mtstonegate.com Follow us on LinkedIn: https://www.linkedin.com/company/28706474/admin/ 石門山綠資本有限公司 正式員工招募 – 專案副理 – 台中總部 石門山正在迅速擴張中！我們正在尋找能夠與我們一起在全球網絡中學習和成長的你。這是一個能夠獲取更多能源領域知識的機會，不僅能協助你個人的成長，且對於石門山業務的成功將有顯著的影響力。 *此職缺位於西屯區的台中總部 我們是誰？ 石門山綠資本是亞太地區最活躍的再生能源交易商與顧問諮詢公司之一。我們的總部位在台灣台中，並在中國上海及日本東京都擁有運營據點。我們的業務項目從碳資產開發、再生能源綠資產管理到風力發電廠建設，我們為企業排除在採購再生能源電力中的障礙，讓採購再生能源不再是窒礙難行。 我們的核心價值： 我們背景多元、目標一致：邁向全球化的腳步引領我們成為一支來自不同背景和種族、充滿熱情的專業團隊。我們透過多元化的優勢支持我們的使命，在充滿熱情及尊重的工作環境中達成員工、公司和客戶的共同發展。 我們拓寬視野、靈活創新：我們提供的解決方案始終保持靈活性，以因應快速變化的市場，並且不懼犯錯。 我們熱情工作、重視員工：我們願意用耐心和豐富的資源培養你的技能、澆灌你的成長。我們以團隊的身份邁向共同的使命，尋找真誠、信任、愛與尊重。 我們在尋找誰？ 我們正在招募專案副理，機會開放給廣大應屆畢業生，並提供確切職涯發展途徑。工作地點位于西屯區的台中總部。 工作描述： 身為專案副理，你需要輔助專案管理，並為上下游之間的溝通搭建橋梁。此外，你還將為企業客戶開發量身定制的碳減排策略。 工作經驗與要求： 大學應屆畢業生（如遇優秀者可放寬限制）； 專業不限，環境科學、市場營銷、公共政策、國際關係、英語等相關專業優先； 對氣候變遷和環境相關議題有熱情和濃厚的興趣； 良好的中英文溝通能力，包括書面和口説表達（中文母語，英文流利）； 工作仔細，態度認真，為人踏實，有較強的責任感； 熟練運用Word、Excel等常見辦公室軟體； 良好的抗壓能力，同時處理多任務能力； 具自律能力，能夠獨立執行工作。 工作描述： 幫助企業及其供應鏈根據企業實際情況制定減碳的諮詢服務； 維護中國、台灣及海外客戶的關係； 學習並更新碳市場相關的政策法規，為企業提供切實可行的資訊訊息； 協助重點再生能源和電力市場的研究，關注最新發佈的新聞和政策動向； 提供企業用戶瞭解與再生能源領域相關的國際倡議； 根據需要提供行政、實體及線上活動相關的協助。 工作亮點： 本職位能讓你挑戰不同的工作內容，協助你發掘自己的職涯熱情。 與我們出色的團隊共事，為創造永續的地球環境而努力。 如何投遞簡歷？ 如果您願意挑戰自我並與我們一同學習成長，且注重工作與生活間的平衡，我們非常歡迎您的來信。 請提交以下內容： 英文求職信; 中、英文簡歷（請簡明扼要地說明您的專業技能、工作經驗及您如何滿足工作要求和關鍵職責。） 請提交至HR@mtstonegate.com信箱。 訪問我們的網站： https://www.mtstonegate.com 在LinkedIn上關注我們： https://www.linkedin.com/company/28706474/admin/

Mapping out the path towards Sustainability/ net-zero Goals 實現淨零的脫碳藍圖 Figure 1. Comprehensive discussion: PwC Taiwan- Managing Director, Winnie Wang, Mt. Stonegate Co., Ltd., Dr. Jules Chuang, Bureau Veritas Certification (Taiwan) Co., Ltd.- Key Account Sales, Mavis Liu, New Energy & Electricity Development Center of the National University of Kaohsiung, Dr. Hsing-Lung (Sam) Lien. (Left to right) Mt. Stonegate Green Asset Ltd., in collaboration with Bureau Veritas Certification (Taiwan) Co., Ltd. and the New Energy & Electricity Development Center of the National University of Kaohsiung, organized a long-awaited physical conference on November 9, 2022. The conference aimed to assist various industries in understanding the Net-Zero targets and supply chain carbon management in different countries. Attendees learned about various international frameworks for long-term power purchase agreements (PPA). Figure 2. Dr. Hsing-Lung (Sam) Lien Introducing the various approaches in the low carbon value chain Dr. Hsing-Lung (Sam) Lien, director of the Energy & Electricity Development Center of NKU, emphasized the "Journey to Zero in Taiwan" by analyzing the 12 key objectives of Taiwan's zero-emission transition by 2025 from an academic research perspective. He also discussed the appropriateness of the proposed strategy from three perspectives: Economic, Technological, and Future. Figure 3. Vivian Chuang talks about the purpose of supply chain carbon reduction Vivian Chuang, Mt. Stonegate Green Asset Ltd., presented "China's Carbon Related Policy Analysis Industry Net Zero Trend"introducing China's carbon policy and the mandatory carbon markets. It helps companies understand the current crisis in the Chinese market and the practical actions and solutions to move toward carbon neutrality. Figure 4. Winnie Wang Introducing Taiwan Renewable Energy Pricing Rules Winnie Wang, the managing director of PwC Taiwan, presented the Company's different CPPA structures in Taiwan and worldwide so that companies can understand the differences and set targets for renewable energy procurement in the future. Figure 5. Mia Cheng Introducing the Way Companies Achieve Their Low Carbon Goals Mia Cheng, Assistant Project Manager of Mt. Stonegate Green Asset Ltd., presented the possible changes in carbon reduction targets for businesses in various countries. She also emphasized several carbon reduction tools to help companies achieve carbon reduction. Figure 6. Mavis Liu from Bureau Veritas Certification (Taiwan) Co., Ltd. Introduce Trends in Corporate Carbon Management. Finally, Key Account Sales from Bureau Veritas Certification (Taiwan) Co., Ltd., Mavis Liu, presented “Overview of carbon management trends from the perspective of GHG verification and management”. She mentioned the possible impact of the Climate Change Response Act on Taiwan enterprises and gave attendees an idea and strategies for how to face this low-carbon trend. It was a successful seminar for disseminating information about enterprise carbon management techniques. Due to the global net-zero targets, it is no longer limited to enterprises but extends to upstream and downstream supply chains of brand owners. So, it is necessary for enterprises to formulate their carbon reduction strategies. The advisor and co-organizer of this conference include Mt. Stonegate Green Asset Management Ltd., Bureau Veritas Certification (Taiwan) Co., Ltd., and New Energy & Electricity Development Center of the National University of Kaohsiung.

Mapping out the path towards Sustainability/ net-zero Goals 實現淨零的脫碳藍圖 "Sustainable" and "Net Zero" have been a major issue of global , especially under the wave of the Carbon Border Adjustment Mechanism(CBAM) developed by the EU, which has an impact on national policies and industrial economies.The next challenge for governments and companies is how to respond to this trend toward carbon reduction and sustainability. This seminar invited experts from different market to focus on topics such as Taiwan's net-zero carbon emission pathway planning, analysis of China's carbon-related policies, corporate GHG management and carbon reduction case studies , as well as stakeholder perspectives on sustainable investments. It is hoped that each participant will come away from this long-awaited physical seminar with a better understanding of new market trends and planning for the best solutions to business and environmental issues, as well as more in-depth discussions. Contact information： Mia Cheng, Assistant Project Manager Mt.Stonegate Green Asset Management Ltd. E-mail：mia.cheng@mtstonegate.com TEL：+886 4 2358 5129 FAX：+886 4 2358 5131

Global Trend of Electricity Liberalization Recently, many countries have committed to reform the electricity market liberalization in the hope of increasing the competitiveness of the electricity market and thus improving the quality of electricity supply and stability of demand. Taiwan is aiming to liberalize the electricity market and has been developing relevant laws, including the “The Electricity Act” and the “Renewable Energy Development Act”, to promote the liberalization of Taiwan's electricity market and increase the proportion of renewables in Taiwan. However, compared to other countries, Taiwan's electricity market is still relatively conservative. The Netherlands has been leading the electricity market in Europe, and the entire Dutch electricity market was liberalized in July 2004[1]. This article will introduce how the Dutch electricity market works and the opportunities and challenges of electricity liberalization in Taiwan. Netherlands Electricity Trading Market Participants in the Dutch electricity market can be divided into generators, transmission and distribution, sales, and consumers. Except for transmission and distribution, which is managed and owned by the government, the rest of the market is a free trade market. A. Generator Side： As the Netherlands is a member of the European Union, it has the option of importing electricity from neighboring countries in addition to the usual power plants and renewable energy sources. B. Transmission and Distribution Side： The distribution and transmission network are publicly managed and owned. The Netherlands has one Transmission System Operator (TSO), the state-owned TenneT, which provides transmission services, ensures the flow of electricity throughout most of the Netherlands and Germany, and supports the dispatch of renewable energy. C. Structure of Trading Market： The wholesale market in the Netherlands can be subdivided into the following: 1. Sign electricity sales contracts 2. Trading through the Dutch Electricity Exchange (APX-ENDEX) D. Consumers： The consumer can be mainly divided into three categories: Industry users, household users, and export electricity (Figure 1). Figure 1. Schematic of the Dutch electricity market Opportunities and Challenges of Taiwan's Electricity Market Liberalization Taiwan's electricity market is available only for liberal trading of renewable energy, but there are still considerable challenges to completely liberalizing like that of the Netherlands. In countries where electricity is liberalized, the price of electricity will be raised as it becomes scarce. Therefore, both businesses and households need to have a better understanding of the electricity system to get better electricity prices. However, if Taiwan's electricity market is liberalized in the future, consumers can choose electricity providers when prices are less or use their energy storage systems to sell supplemental electricity when prices are high to gain autonomy in the electricity market. Reference: [1] ELECTRICITY LAW AND REGULATION IN THE NETHERLANDS. (2015-01-01). CMS law.tax.future.

This semester Dr. Jules Chuang, our managing director, was invited to offer classes in department of Environmental Science and Engineering at Tunghai University. To bring students a step closer to the renewables industry, we arranged a field trip to Enercon Training Center Taiwan. The group was specially hosted by the Managing Director of Enercon Taiwan, Mr. Bart Linssen, who has a long and profound friendship with Dr. Jules Chuang. Figure1.Picture of Jules and Bart. Visiting Enercon Training Center Taiwan. ENERCON Taiwan Ltd. is the largest wind turbine manufacturer in Germany, as well as one of the major wind turbine providers in Taiwan. During the sharing session, Mr. Bart Linssen, personally, introduced the history of green energy and development, wind power technology, and the wind power situation in Taiwan. A question was raised during the session: “what happened to the turbine when typhoon strikes?” The wind turbines are equipped with a storm control feature which can slow down the rotation of the turbine at high wind speed. The system first controls the angel of the blades and the power, then toward to windward and blades change to full feather pitch angle to reducing the risk of structural damage during a typhoon. Besides, one of Enercon’s technician showed the major components of a wind turbine and explained how a wind turbine can generate electricity. Students also had the chance to climb up the 2-storey bare metal ladder, experiencing the life of a wind turbine technician. Figure2. Students climbing up the 2-storey bare metal ladder. On this field trip, we learned how other countries are promoting onshore wind power which could be applied in Taiwan. We also realized that there are still have many rooms for onshore wind power to be developed in the future. Being as the leading green market devoter and the onshore wind farm developer in Taiwan, Mt. Stonegate strives to unlock the potential of our next generation. Figure3. Group photo in Enercon Training Center, Taiwan.