No Subsidies for Taiwan Power? Chung-Hua Institution for Economic Research: Electricity Prices May Rise by 40-50%

Reported 11 months ago

Economic Minister Guo Zhizhui's statement during questioning that he does not support the government subsidizing Taiwan Power with public funds has sparked discussions. Vice President of the Chung-Hua Institution for Economic Research Wang Jianquan predicts that electricity prices may need to rise by 40-50% to achieve financial balance. Scholars also point out that nuclear power is a viable option. The ongoing debate over energy policies and rising electricity prices has become a challenging issue for the new government.

Source: YAHOO

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