[Finance] Taipower: Stabilizing Prices, Blocking Inflation, Absorbing Over NT$600 Billion in Generation Costs
bellala 央廣5h ago
Regarding concerns about Taipower's financial situation, Taipower stated that following the Russia-Ukraine war, international fuel prices soared. To assist the government in caring for the public and stabilizing prices, Taipower has absorbed over NT$600 billion in costs for civilian and industrial electricity use, which is the main reason for recent losses. This is unrelated to energy policy, and Taipower will continue to seek financial improvement assistance from the government.
Taipower stated in a press release today (17th) that this year's conflicts in the Middle East have caused fluctuations in natural gas prices. Taipower assisted CPC Corporation by absorbing natural gas costs, bearing 50.92% of the price increase, thus necessitating increased external borrowing.
Taipower emphasized that in line with the nation's rapid economic development, Taipower continues to plan and promote power source development and grid construction. However, large investments such as various power construction projects require financial support. Taipower will continue to seek financial improvement assistance from the government.
The White Paper released by the American Chamber of Commerce in Taiwan this year listed "Energy and Infrastructure Resilience" as a priority issue, stating that ensuring sufficient energy supply and grid resilience should be considered national security issues.
Regarding the American Chamber of Commerce in Taiwan's concerns about power supply, Taipower explained that Taiwan's economy is booming, and the AI and high-tech industries have driven significant growth in electricity consumption. Taipower, in line with the government, continuously reviews power supply and demand. This year, four large gas-fired units – Xingda New Units 2 & 3 and Taichung New Units 1 & 2 – will gradually come online, with a total installed capacity of 5.2 million kilowatts. Coupled with diversified dispatch measures such as renewable energy, pumped-storage hydropower, and load management, this will ensure an adequate supply of electricity for civilian and industrial use.
In terms of grid resilience, Taipower stated that it has planned a "Grid Resilience Enhancement Construction Plan" based on three main pillars: decentralization, strengthening, and defense. Power plants will directly supply industrial parks to ensure stable electricity for high-tech industries, while existing power trunk lines will be reserved for civilian needs. This will also help enhance the resilience of civilian power supply, minimize the impact of power outage incidents, and prevent accidents from escalating.
Taipower stated that stable electricity is a component of national security. Taiwan's important power plants are critical infrastructure. Security personnel have been increased, and regular protection drills are conducted to ensure that Taiwan's power system can maintain stable operation when facing various threats. (Editor: Liao Yiting)
Source Link: https://www.rti.org.tw/news?uid=3&pid=215131
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