Taiwan’s power supply is expected to remain secure through 2034, the Ministry of Economic Affairs said today, following Nvidia CEO Jensen Huang’s (黃仁勳) comments about the nation’s need for more electricity.
The ministry said that it has fully integrated the electricity demands of the semiconductor industry and artificial intelligence data centers into its long-term management plans, ensuring a stable energy supply through 2034.
Four large gas-fired generating units with a combined capacity of 5.2 gigawatts are scheduled to come online by the end of this year, while cumulative new gas-fired capacity is expected to reach 10.2 gigawatts by 2034, the ministry said.
Photo: Taipei Times file photo
Asked whether the government would introduce more concrete energy policies to reassure foreign investors following Huang’s comments, Executive Yuan spokeswoman Michelle Lee (李慧芝) said that Taiwan’s power supply remains stable and sufficient, citing repeated assessments by the ministry and Taiwan Power Co.
The ministry publishes annual power supply and demand reports that incorporate projected electricity consumption over the next decade, Energy Administration Deputy Director-General Chen Chung-hsien (陳崇憲) added.
Reliable electricity is a key foundation supporting the development of high-tech industries, as well as small and medium-sized enterprises, Lee said.
While promoting its second-phase energy transition plan, the government would continue to prioritize a sufficient and resilient power supply, she said.
Taiwan has been gradually converting coal-fired power plants into gas-fired facilities in line with environmental protection and net zero carbon emission goals, she said, adding that the nation’s power supply remains sufficient.
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