A power generation circuit generates and stores electric power utilizing electromagnetic wave energy. The power generation circuit has one of an antenna or a coil that receives an electromagnetic wave. A rectifying circuit is formed on a silicon substrate and rectifies a signal from the antenna or the coil. A storage circuit stores an output power obtained from the rectifying circuit for driving a load. A MOS transistor has a source and a drain connected to an output of the storage circuit and the load, respectively, so that the load is connected to the storage circuit in accordance with a threshold voltage of the MOS transistor.