Taiwan Power Company: Fuel Trend Should Gradually Decrease and Stabilize

Reported 7 months ago

On June 14, 2024, at 2:38 am, Wu Fuxin was at the Taiwan Power Company Building. Vice President Wang Zhenyong of Taiwan Power Company stated today that the international fuel prices should gradually decrease and stabilize, affecting the company's finances. The price of natural gas for power generation was reduced by 1.29% to 13.88 yuan per cubic meter in June, while coal prices hovered around $140 per ton. The impact of fuel prices on Taiwan Power's finances is still pending further developments. Wang Zhenyong highlighted that observing the market's development is crucial for executing appropriate procurement strategies.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis