Category: Energy Management

In alignment with the Ministry of Economic Affairs’ goal of achieving 20% self-generated renewable energy by 2025 and the Paris Agreement’s target of limiting global warming, WT Taiwan began transitioning conventional (grey) electricity with green electricity in 2024. Over the course of the year, the Taiwan operations procured 155,189 kWh of green electricity (including 152 Renewable Energy Certificates), resulting in renewable energy consumption of 558.68 GJ, accounting for 6.46% of total electricity use in the Taiwan region.

Additionally, a 100 kW rooftop solar system was installed at the Shanghai office and began operation in 2024. The electricity generated is primarily used for on-site consumption, totaling 104,613 kWh during the year. This translates to 376.61 GJ of renewable energy, covering 6.38% of the total electricity consumption in the China region.

In total, the Group’s renewable energy consumption in 2024 reached 935.29 GJ, representing 1.38% of the Group’s total energy consumption. To further encourage a transition away from fossil fuel vehicles, the Taiwan office introduced monthly electricity subsidies for employee-owned electric vehicles in 2024, effectively reducing GHG emissions.

Moving forward, WT will continue assessing the feasibility of solar generation, green power procurement, and renewable energy certificate purchases to progressively increase the share of renewables in its energy mix, supporting the goal of achieving net-zero emissions by 2050.

WT’s energy management efforts are centered on digitalized data monitoring and comprehensive equipment management to ensure optimal energy use efficiency. Through ongoing analysis of energy consumption patterns and load characteristics, the company conducts regular maintenance, upgrades, and replacements of existing infrastructure to reduce energy usage.

In 2024, WT’s primary energy source remained non-renewable electricity purchased from local utilities. Other forms of energy consumed include gasoline and diesel for internal operations.

Due to a significant increase in overseas operational sites following the integration of Future Electronics, the Group’s total energy consumption reached 67,641.91 GJ in 2024, an increase of 48,226.38 GJ compared to 2023. Notably, the newly added Future Electronics sites accounted for 48,679.14 GJ, approximately 72% of the total increase. This represents a year-on-year increase of 248.39%.

Annual energy consumption of the Group

WT’s total energy consumption was 19,451 GJ in 2023. The biggest source of energy was non-renewable electricity purchased from power companies, accounting for 94.74% of the total consumption. The total electricity consumption was 18,429.11 GJ in 2023, up 18.88% relative to 2022, as a result of the inventory scope expansion to the entire Group. The others were gasoline and diesel consumed by company fleet, totaling 1,022 GJ in 2023. The total energy consumption increased by 16.34% compared with 2022, as the scope was expanded to the entire Group. However, the intensity measured by floor area decreased by 5.12% relative to 2022.

The Taiwan Ministry of Economic Affairs’ plans to achieve 20% renewables in electricity generation matrix by 2025 and the Paris Agreement pursues efforts to keep the temperature rise under control. In response, despite not being a major electricity consumer or carbon emitter subject to prioritized control, WT purchased 10,000 kWh of renewable energy certificates in 2023 to understand Taiwan’s renewable energy procurement process. The renewables make up 0.41% of the consumption in Taiwan, and a 100 KW solar system was installed in the Shanghai offices (completed in Q1 2024) to generate electricity mainly for self-use. WT will continue to conduct feasibility assessments on green power generation, green electricity purchase, and renewable energy certificates, in order to gradually increase the proportion of renewable energy usage.