Taiwan will keep electricity rates unchanged for now to mitigate inflation from
the Middle East conflict. The Economics Ministry made the decision after a price
review on Friday. Taiwan Semiconductor Manufacturing Company, a major industrial
consumer, is key to the tech sector, which accounts for 25% of the island's
power use. Taiwan Power Co. faces financial pressure, with NT$357 billion in
losses by January. If the war disrupts energy exports, the government may need
to raise power rates, though it has secured 20 LNG cargoes for June despite
price increases.
