Reported 8 months ago
Minister of Economic Affairs, Guo Zhihui, recently expressed his opinion on electricity prices, stating that cheaper is not always better as it may lead to wasteful consumption. This remark sparked debate and criticism from legislators. The Ministry of Economic Affairs emphasized that previous electricity price adjustments in Taiwan aimed to balance industrial and residential electricity prices, taking into account the impact of excessively low prices on energy demand management. The ministry highlighted the importance of sustainable, stable, and competitive electricity supply, and stressed the significance of energy efficiency incentives. They plan to promote deep energy efficiency and support the energy-saving industry to benefit both consumers and the country as a whole.
Source: YAHOO