European chamber backs electricity price increase


TAIPEI–Taiwan should consider increasing electricity prices as part of energy-saving efforts, the European Chamber of Commerce Taiwan (ECCT) said yesterday.

“We support the idea of raising electricity prices because it would make people more aware of saving energy,” ECCT Chief Executive Officer Freddie Hoeglund said at a luncheon with journalists.

Moreover, he suggested that Taiwanese companies replace some outdated plants and equipment or adopt new manufacturing technologies, which he said could help improve energy efficiency by as much as 30 percent.

Asked if Taiwan should halt construction of its Fourth Nuclear Power Plant, Hoeglund declined to comment because of the diversified opinions among the ECCT members, whose homelands in Europe have different policies for nuclear energy.

ECCT Chairman Giuseppe Izzo said nuclear energy policy should be “up to the people” because it will have a long-term impact on the public and their children.