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Energy security has emerged as a grave concern among Taiwanese. At the end of last year, more than 300,000 households in Taipei and New Taipei City were affected due to the explosion of a substation, while in March, Taiwan faced a blackout across major cities, affecting 5 million households.
As power consumption in Taiwan has increased, the government should take energy security seriously.
Since the outbreak of the US-China trade war, many Taiwanese entrepreneurs have reshored production from China and expanded their production chains in Taiwan. The growing flow of Taiwanese manufacturers returning home, coupled with the semiconductor boom and a large-scale
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