TSMC & Micron Facing ~30% Energy Price Hikes in Taiwan
 

Taiwan's Central News Agency (CNA) believes that the nation's state-owned electricity supplier is set to increase prices in April, due to "stabilization" efforts. Residential and industrial customers have—so far—enjoyed very low energy bills, courtesy of Taiwan's status at the bottom of global price rankings. Taiwan Power Company (Taipower) is reportedly attempting to get its finances in order—a huge financial hole needs to be filled urgently, otherwise the energy provider will be on the "verge of insolvency" according to CNA's report. So-called industrial "super consumers" are expected to be hit the hardest with climbing electrical costs—these are categorized as organizations capable of using 5 billion kilowatt-hours (annually) for two consecutive years. TrendForce (via CNA findings) predicts that the rate hike: "could reach up to 30 percent, impacting major consumers in the semiconductor firms like TSMC and Micron."

https://www.techpowerup.com/320266/t...ikes-in-taiwan