Tong Zixian “Eat honest bean paste buns”: Foreign businessmen come to Taiwan to set up data centers, but they are just using Taiwan’s low electricity price⋯
Electricity prices will be raised in April, with an average increase of 11%. Tong Zixian, chairman of Pegatron, a large foundry manufacturer, reiterated his arguments for many years today, bluntly saying that Taiwan's electricity price is too cheap, and describing himself as like eating "honest bean paste buns".
Electricity prices will be raised in April, with an average increase of 11%. Tong Zixian, chairman of Pegatron, a major foundry, reiterated his arguments for many years today, bluntly saying that Taiwan’s electricity prices are too cheap, and describing himself as like eating “honest bean paste buns”; energy issues must be faced by the whole people, and Taiwan’s non-carbon-emitting energy accounts for Compared with the international standard, energy policy should be reviewed.
Tong Zixian attended Farsight today. The 2023 Summit Forum held by Tianxia Cultural Business Group gave a speech on the topic of “Reverse Globalization. Taiwan Faces “Difficult Choices”” and was interviewed by the media after the meeting.
Regarding the increase in electricity prices, Tong Zixian described his opinion as if he had eaten “honest bean paste buns”. “To be honest, Taiwan’s electricity prices are too cheap. Exports are so booming, but electricity is being subsidized. Is this right or wrong?”
Everyone in Taipower must face the loss! Not which party, which faction
He pointed out that many foreign businessmen come to Taiwan to set up data centers, but they do not promote local employment, but only use Taiwan’s low electricity price; in conversion, the government has to subsidize hundreds of millions of yuan a year. “To some extent, electricity price increases are not easy decisions for any politician.”
Tong Zixian emphasized that the issue of energy and electricity is definitely not something that only one party or faction should face, it is something that the whole people must face. The losses of Taipower and CNPC have already exceeded the defense budget.
Citing data from the International Energy Agency (IEA), he pointed out that now the world’s non-carbon emission power generation accounts for nearly 40%, and Taiwan will only reach 20% in the future. The current progress is lagging behind, and it should be reviewed. If we hadn’t promised to dismantle nuclear power at the beginning, although the proportion of Taiwan’s non-carbon-emitting power generation is still behind international standards, it will catch up to a relatively close figure.
Further reading: Electricity prices will rise again, up to 17%! The influence of residences and businesses can be seen at once…Why should you replace energy-saving appliances?
The Electricity Tariff Review Committee of the Ministry of Economic Affairs decided on the 17th to increase the average electricity price by 11%. Taking care of people’s livelihood and stabilizing prices, residential electricity consumption below 700 kWh will not be adjusted, and about 93% of residential buildings will not be affected; high-voltage and ultra-high-voltage industries are large consumers of electricity The increase was 17%, but due to the impact of the boom on industries, in the second half of last year, the electricity consumption declined by more than 10%, and the industry’s adjustment rate was halved.