Taiwan is among several countries experiencing an energy crisis, with its supply of power struggling to keep up with demand from a rapidly growing high-tech sector. The country has long depended on imported fossil fuels, a situation at odds with some government officials and others who want the island to build more renewable energy. With demand for power outstripping supply, the country risks not only power shortages but also must weigh the economic impact to its commercial and industrial sectors.

The energy-intensive semiconductor industry is at the center of Taiwan business. Various organizations have said studies show Taiwan’s semiconductor industry will use twice as much electricity as all of New Zealand by 2030. Much of that energy is consumed by TSMC, or Taiwan Semiconductor Manufacturing Co., the largest company on the island and the world’s largest dedicated independent semiconductor group.

Read more in Power Magazine here.

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