alt Hacker NewsThat's not how the international energy market works. You still have to buy your own, locally produced energy at international rates.
The huge energy price spikes are down to wars in Ukraine (gas, which is also used for electricity production) and the Middle East.
Taiwan and perhaps other Asian countries that successfully make stuff don't expose their industries to this, the government sets a fixed energy price for them rather than leaving them at the whim of speculators.