TSMC has high power usage, and Taiwan's tight electricity supply will test its chip production.
TSMC aims for net zero emissions by 2050, but renewable energy growth faces hurdles.
The surge in energy consumption last year is likely due to the increase in 3nm semiconductor production, the analysts said.
In 2021, TSMC announced a commitment to reach net zero emissions by 2050 through a combination of renewable energy certificates and power purchase agreements.
Adding renewable energy supplies would help alleviate this problem, although the island's geography makes it difficult to increase solar and wind power sources.
Persons:
TSMC, —
Organizations:
Service, P, Micron, Intel
Locations:
TSMC, Phoenix