Chipmaking Hub Taiwan Hikes Power Demand Outlook on AI Boom
- Consumption for machine learning to grow eight times by 2028
- Island’s last nuclear reactor scheduled to close in May 2025
The Taipei skyline.
Photographer: Chris McGrath/Getty Images
This article is for subscribers only.
Taiwan said its power consumption over the next decade will grow more than previously expected, complicating its efforts to secure supplies as it undertakes an energy transition and nuclear phase-out.
The island forecast its energy use will grow an average of 2.8% a year through 2033. Much of that demand will come from the AI sector, which is expected to consume eight times more by the end of the decade than last year, according to a report by its energy department released on Monday. A previous forecast saw an average 2.03% annual growth in overall power demand until 2029.