KMT likely to freeze Nuke 4 annual budget: caucus whip

Taiwan Power Company (Taipower, 台電) proposed a budget allocation of NT$11.7 billion on Nuke 4 in the state-owned enterprises budget proposal, Lin said, adding that the Legislative Yuan will not review the proposal at the moment.

Lin said the Legislature will possibly freeze Nuke 4's budget, however, the specific details of such a policy are still being discussed by both sides of politics.

Lin said the ruling and opposition party have reached a consensus that in the period leading up to any referendum, the Legislative Yuan will not raise the budget or grant permission for fuel rods to be installed at the power plant.

Lin said both parties agreed that apart from those projects that have already been contracted out to the private sector as well as safety tests, the construction of the power plant should be halted in the lead-up to a potential referendum.

Lin also said that Premier Jiang Yi-huah (江宜樺) declared that he will respect the Legislative Yuan's decision regarding the power plant.

Pan Meng-an (潘孟安), the Democratic Progressive Party's caucus whip, said even though the Legislature will not review Nuke 4's budget allocation, that does not mean the budget will be frozen; Taipower can still utilize partial funds from the 2013 allocated budget on Nuke 4 according to law.

The ruling party and opposition will discuss more details regarding Nuke 4's budget, Pan said.

Electricity Price to Rise 70% With, Without Nuke 4: Report

Hung Shen-han (洪申翰), Green Citizens' Action Alliance (綠色行動聯盟) deputy secretary-general, was quoted in local news reports as saying that according to Taipower's published forecast of natural gas and fuel prices, in 2025 Taiwan's electricity prices will increase by up to 70 percent with or without an operating Nuke 4.

Hung told reporters that Cheng Ching-hung (鄭慶鴻), chief of Taipower's Nuclear Power Communication Team, was confronted by certain lawmakers and environmental protection organizations recently. Local news report cited Hung as saying that Cheng accidentally said the aforementioned price hike may come about.

Taipower spokesman Roger Li (李鴻洲) said yesterday that the company denies such claims, adding that electricity price adjustments and Nuke 4's construction are two distinct issues.

Electricity prices are affected by the differing costs of fuel resources, Li said, therefore it is not directly related to whether or not Nuke 4 is constructed.

SHARE CLOSE
Blogger		Google+
Live Journal		Plurk
Stumble Upon

Tweet

	PREVIOUS ARTICLE
	China Steel Corp. raises domestic prices ahead of expected economic recovery

NEXT ARTICLE
Union urges CPC to gather recommendations before revisions to fuel price index are made

Write a Comment

Terms

Enter your comments - 3000 characters max

Type in image code

 Receive China Post promos
 Respond to this email

Submit