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NEWS: Latest News About Taiwan Energy Market

Chipmaker TSMC Aims for Net-Zero Emissions by 2050

On 16 September, Taiwan Semiconductor Manufacturing Co Ltd (TSMC), the world’s largest contract chipmaker, announced that they had set the short-term goal of zero-emissions growth by 2050.

“TSMC is deeply aware that climate change has a severe impact on the environment and humanity. As a world-leading semiconductor company, TSMC must shoulder its corporate responsibility to face the challenge of climate change,” Chairman Mark Liu said in a statement.

This announcement matches with the Taiwan government’s plan, which was listed by President Tsai Ing-wen in April, to assess how the island can reach zero greenhouse gas emissions by 2050.

According to the economy ministry, coal provided 45% of Taiwan’s electricity last year, and Liquified Natural Gas (LNG) was at a close second at almost 36%. Taiwan aims to raise the proportion of LNG to around 50% and renewables to 20% by 2025.

Taipower Breaks Ground on New Data Center in Changhua, Taiwan

A Cloud data center lead by Taipower had launched its groundbreaking ceremony in Changhua a few days ago. The ceremony was attended by Deputy Minister of Economic Affairs, Zeng Wensheng, Taipower Chairman, Yang Weifu, Changhua County Mayor Wang Huimei, and Speaker Xie Dianlin.

Although there are no specifications presented, Taipower is confident that this information intelligence Cloud Data Center will support handling “the tremendous amount of information” created once all Taiwanese households have the new technology installed. They believe it will help improve the accuracy of renewable energy power generation forecasts, then effectively dispatch power to ensure a more stable power supply.