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Taiwan to Revise Long-Term Power Demand Forecast Above 2.5% Amid AI Boom
Utilities · Electric Utilities · cnyes · 2026-08-27
Economic Minister Kung Ming-hsin announced that Taiwan will raise its long-term electricity demand growth forecast to over 2.5% to support AI expansion.
What Happened
Power Demand Forecast: Economic Minister Kung Ming-hsin announced that Taiwan is revising its long-term power demand projections to account for the explosive growth of the AI industry. The compound annual growth rate for electricity demand is expected to be adjusted upward from 1.7% to over 2.5%.
Supply Stability: The government maintains that ensuring a stable power supply is its top priority. Officials confirmed that current power generation plans are sufficient to meet the higher demand estimates, ensuring that industrial growth remains supported.
Wind Turbine Incident: Addressing a recent offshore wind turbine fire, the Minister noted this was the first such incident in Taiwan. Preliminary investigations indicate a technical failure in a single unit, with no broader impact on the wind farm's operations or safety.
Budget Planning: Regarding the 2026 supplementary budget for state-run power and oil companies, the Ministry is coordinating with the Directorate-General of Budget, Accounting and Statistics. Further progress on these funds will depend on the legislative approval of the annual budget.