Finance and Economics

Amid TSMC’s Power Demands, Taiwan Is Halving Energy Imports

Published

By TaiwanPlus

Open in App

With “net zero” a goal for over 130 countries around the world, can Taiwan's dependence on imported energy be reduced from 97.4% to less than 50% in 2050? We explore Taiwan’s transformation to low-carbon energy as it balances the chip industry’s massive demand for power amid a global energy crisis triggered by Russia’s invasion of Ukraine, a potential China blockade and possible nuclear plant attack. In this episode, we invite Liang Chi-yuan, National Central University Industrial Economics Professor, and Yeh Tsung-kuang, National Tsing Hua University Engineering and System Science Professor, both energy and environmental policy experts to discuss Taiwan’s energy transformation amidst the global energy crisis and looming threats from China. We also hear from Steve Yates, America First Policy Institute China Policy Initiative Chair and former White House Deputy Assistant to the Vice President for National Security Affairs on the threats from China. Topics discussed: - Global and regional net zero trends - National Development Council 2025 roadmap to renewable energy - Spike of LNG prices with the Russian invasion of Ukraine - Implications of potential Chinese attack and blockade on Taiwan’s energy - Taiwan’s power shortage amid transition to nuclear-free energy - Cooperation with U.S. and other allies on energy imports - Climate change and energy transformation