Friday, April 11, 2008

Energy Use Rising

Taiwan's energy use rose for the eighth straight month in February, according to Reuters. Demand last dropped in June 2007, when it fell 2.3 percent.

Industrial growth is the main factor behind increased energy demand, the article says. Industrial output grew 15 percent from a year earlier in February; the information and electronics sectors led with a 29 percent gain. According to a Taipower spokesman, electronics companies take almost 20 percent of Taiwan's electricity output.

Despite the expansion of windpower, Taiwan is still very dependent on imported fuel. Some 98 percent of its energy needs came from overseas in February. To read the entire article, click here.

1 comment:

Boyd Jones said...

I wonder if this is indicative of Taiwanese businesspeople relocating back to the island having had trouble and rising costs with their factories in China. The climate of opinion seems to support this happening.