2023 National Electricity Supply and Demand Report forecasts a 12-13% increase in Taiwan's electricity demand by 2030, driven by AI technology requirements.
Taiwan's electricity demand is predicted to grow by 2.5% annually through 2028, driven by an eightfold rise in AI technology requirements by 2028, according to the Energy Administration. The 2023 National Electricity Supply and Demand Report forecasts a 12-13% increase in Taiwan's electricity demand by 2030 compared to 2024. The annual growth rate from 2024 to 2028 is expected to reach 2.8% as new data centers for AI applications become operational.
July 15, 2024
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