TSMC uses wind power as demand for AI chips rises, Taiwan feels power shortage

At an energy conference on May 6, Taiwan’s Vice Minister of Finance said the government has secured enough oil and natural gas to operate well into August and possibly September, according to Taiwan news.

But the world power problem It also urges the Taiwanese administration of President Lai Ching-te to accelerate efforts to develop alternative oil production methods, including restarting closed nuclear power plants and build renewable energy projects. Taiwan relies on imported oil to meet about 97 percent of its total energy needs, including electricity, transportation, and heating, according to Global Taiwan Institutethink tank located in Washington, DC.

As part of its energy diversification efforts, Taiwan has pursued the development of offshore wind power and a government policy making 15 gigawatts available to manufacturers by 2035. Meanwhile, TSMC he announced that it wants renewable energy to meet 60 percent of the world’s needs by 2030 and 100 percent by 2040.

TSMC plays a key role in shaping Taiwan’s energy future, thanks to the energy efficiency of its chip equipment. The chipmaker’s power will account for about 10 percent of Taiwan’s total electricity in 2023, according to the International Energy Agency’s. powerful report and AI.

This sector could grow to nearly a quarter of Taiwan’s electricity by 2030 as TSMC invests in more power generation to catch up with the rest of the world. I asked for top chips, according to S&P Global estimates cited by Data Center Dynamics Graphics.

Beyond the Hai Long project, TSMC has already signed another power purchase agreement with a Danish renewable energy company Ørsted in 2020 for 920 megawatts of power from the Greater Changhua offshore wind farm project, which is expected to be it is fully functional later in 2026. The chipmaker has also partnered with a German energy producer. WPD in 2021 to generate more than 1 gigawatt of onshore and offshore wind power.