STABLE SUPPLY: Rates are to stay unchanged for households, small-scale retailers, restaurants and schools that consume less than 1,000 kilowatt-hours per monthBy Lisa Wang / Staff reporter
The National Development Council (NDC) yesterday unveiled a road map for Taiwan’s push to become “carbon neutral,” with sources of renewable energy to account for at least 60 percent of the nation’s energy mix, which would exclude nuclear power.
NDC Minister Kung Ming-hsin (龔明鑫) said there is no need to worry about electricity shortages or a lack of green energy during the transition.
The nation is capable of increasing electricity supply by 2 percent each year, sufficient for companies to expand their operations, Kung said.
He confirmed plans to impose a carbon tax to subsidize the development of green energy sources and purchases
‘NO BAN’: Minister Kung Ming-hsin said the council would not ban vehicles powered by fossil fuels, but would use subsidies to advance the adoption of electric vehiclesBy Crystal Hsu / Staff reporter
Taipei, March 29 (CNA) The Ministry of Economic Affairs said Tuesday it would postpone a decision on electricity pricing due to volatile global fuel prices caused by Russia's invasion of Ukraine, and fears over inflation.
The Ministry of Economic Affairs yesterday said the electricity price review committee has postponed making a decision on electricity rates, as rushing to hike prices due to volatility in global energy prices could worsen the nation’s already high inflation.
The decision came as a surprise, as it was widely expected that the committee would take a compromising stance and raise electricity rates for industrial and heavy users, while keeping them unchanged for most users.
It was the first time that the committee postponed the decision since the electricity price mechanism went into effect in 2017, citing “abnormal” changes in the global