The minister expressed confidence that the country’s power supply will remain sufficient from 2019 to 2025

Taiwan News 
Date: 2019/03/04
By: Teng Pei-ju, Taiwan News, Staff Writer

TAIPEI (Taiwan News) — Minister of Economic Affairs Shen Jong-chin (沈榮津) said Monday he is not

inclined to advise increasing current electricity prices, but the ministry will respect the final decision made by a review committee later this month.

The Ministry of Economic Affairs reviews electricity prices twice a year, with a committee meeting held to determine wether there will be adjustments to electricity prices. The next meeting is scheduled at the end of March.

Speaking before a Legislative Yuan session on Monday, Shen said the ministry will express its stance in the meeting that it is not inclined to raise the current electricity prices, since the global oil price has remained stable this year compared to last year, reported the Central News Agency.

The minister expressed confidence that the power supply in the country from 2019 to 2025 will remain sufficient, with the yearly and daily operating electricity reserve margin staying respectively around 15 percent and 10 percent.    [FULL  STORY]