TSMC taps wind power as AI chip demand soars, Taiwan feels energy crunch

During an energy forum on May 6, Taiwan’s Vice Minister of Economic Affairs said that the government had secured enough oil and gas supplies to operate normally through August and possibly September, according to Taiwan News.

But the global energy crisis is also spurring the Taiwanese administration of President Lai Ching-te to accelerate efforts to develop fossil fuel alternatives, including restarting shuttered nuclear power plants and building out renewable power projects. Taiwan relies on imported fossil fuels to meet nearly 97 percent of its overall energy needs, including electricity, transport, and heating, according to the Global Taiwan Institute, a think tank based in Washington, DC.

As part of its energy diversification efforts, Taiwan has pushed to expand offshore wind power with a government plan to make 15 gigawatts of capacity available to developers by 2035. Meanwhile, TSMC has announcedthat it would aim for renewable energy to meet...

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