Taiwan Power Company estimates that this year's loss will converge to less than NT $200 billion.

Tepco estimates that this year's loss will converge to less than 200 billion New Taiwan dollars. Last year, Taiwan Power reported that it would lose 278.5 billion New Taiwan dollars (NT $, the same below) for the whole of 2023. However, due to the continued decline in international fuel costs, the annual loss has a chance to converge to less than 200 billion yuan. Wu Jinzhong, a spokesman for Taiwan Power, pointed out that although Taiwan Power will still suffer losses this year, observing the trend of international fuel prices, international gas prices have dropped by 50% to 60% a year, and coal prices have also been revised down to US $120 per ton from US $200 last year. According to fuel price estimates alone, Taiwan Power's losses this year are expected to converge from 278.5 billion yuan to less than 200 billion yuan.