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TSMC Consumes 9% Of Taiwan’s Electricity, And A New Law Would Force It To Generate That Power By Itself

TSMC could surpass Apple in market value by 2030, predicts analyst

Taiwan now intends to ask all large commercial consumers of electricity to install their own power generation and storage infrastructure, barring a carve out for schools and hospitals, materially escalating TSMC’s electricity-related overheads in the process. As one of the largest consumers of electricity in Taiwan, TSMC will soon lose the economies of scale that come with grid-based power Taiwan’s Ministry of Economic Affairs is now spearheading an amendment to the Energy Management Law, with the legislature scheduled to take up the amendment on July 22. Do note that Taiwan’s “Renewable Energy Development Regulations” and their related sub-laws already require […]

Read full article at https://wccftech.com/tsmc-consumes-9-of-taiwans-electricity-and-a-new-law-would-force-it-to-generate-that-power-by-itself/