TSMC serves as largest subscriber of green power

Taipei-Taiwan Semiconductor Manufacturing Co. (TWSE), the world's largest contract chipmaker, served as the largest subscriber to green power under a green power purchase program instigated by the Ministry of Economic Affairs (MOEA), the ministry said Monday.

In July 2014, the MOEA launched the program to encourage enterprises and individuals to purchase green power in a bid to promote renewable energy and environmental protection.

Under the MOEA program, companies or individuals subscribe to a certain amount of green power collected by state-owned Taiwan Power Co. from renewable sources around Taiwan at a premium rate of NT$1.06 per kilowatt hour (kWh) over regular electricity prices.

According to the MOEA, during the three-and-a-half-year period, a total of 630 million kWh of green power was taken up by local enterprises and individuals, of which, TSMC's subscription hit 400 million kWh, making it the largest single subscriber in the program.

While TSMC did not enroll into the green power purchase program during the second half of 2014 -- the first six months of the program -- the chipmaker subscribed over the following three years, the MOEA said.

The MOEA said TSMC's green power subscription hit 100 million kWh in 2015, 200 million kWh in 2016, and an additional 100 million kWh in 2017.

During the July-December 2014 period, integrated circuit packaging and testing service provider Advanced Semiconductor Engineering Inc. served as the largest subscriber, the MOEA said.

The MOEA said proceeds from the program go toward a renewable energy fund to support renewable energy applications, such as feed-in tariff subsidies on the NT$1.06 per kWh premium over regular electricity prices.

Source: Focus Taiwan News Channel