Reported 7 months ago
Taiwan Power Company's Deputy General Manager Wang Zhenyong stated that international fuel prices are expected to gradually stabilize, with natural gas prices used for power generation recently lowered by 1.29% to NT$13.88 per cubic meter and coal prices hovering around US$140 per ton. Concerns over a possible electricity price hike in September have arisen following previous increases in April and June; however, Prime Minister Su Tseng-chang hinted that there will be no price hike, with efforts aligning with this direction if so instructed by the Executive Yuan. The adjustment in April was attributed to rising fuel prices, with ongoing monitoring of market developments and implementation of proper procurement strategies by Taiwan Power to manage costs effectively.
Source: YAHOO