Fuel costs 結果共3筆

The Executive Yuan of Taiwan approves an additional NT$100 billion budget for 2024 to support Taipower in offsetting electricity costs, addressing the company’s financial challenges and the impact of global events on fuel prices. The proposal, aimed at reducing Taipower’s projected deficit, now awaits Legislative Yuan review.

Taiwan’s economic minister emphasized the necessity of a power price hike to address rising international fuel costs, but the Legislative Yuan voted to halt the hike due to public opposition. The decision raises concerns about Taipower’s financial stability and power supply.

Taiwan’s state-owned Taipower has reported a loss of NT＄130 billion for the first half of 2023, despite the recent government decision to raise electricity prices for industrial users. The cumulative losses over two years are projected to exceed NT＄460 billion by the end of the year.