Taiwan Power Co (Taipower) was behind the refusal of nine independent power producers (IPPs) to renegotiate electricity prices with the state-run company, Taiwan Solidarity Union (TSU) lawmakers said yesterday.
Four of the nine IPPs — which were slapped with a NT$6.32 billion (US$212.5 million) fine on Wednesday for conspiring to refuse Taipower’s request to renegotiate electricity prices — are subsidiaries of Taiwan Cogeneration Corp (Taiwan Cogen), Taipower’s reinvestment company, TSU caucus whip Lin Shih-chia (林世嘉) told a press conference.
Among the 36 board members of the four IPPs, 21 were appointed by the government, including 13 from Taiwan Cogen and four each from the Taiwan Sugar Co (Taisugar) and CPC Corp, Taiwan (CPC), which means that Taipower knew that the companies would refuse, Lin said.
The chief executives of the four IPPs — Star Buck Power Corp, Sun Ba Power Corp, Star Energy Power Corp and Kuo Kuang Power Corp — are retired officials from Taipower or CPC.
According to a Fair Trade Commission report, minutes of past meetings showed that the nine companies held at least 20 meetings between August 2008 and October 2010 to discuss electricity prices and colluded to sabotage the negotiation process, TSU Legislator Hsu Chung-hsin (許忠信) said.
The commission’s report said that the IPPs, which signed individual contracts to sell electricity to Taipower, renegotiated prices with the state-run energy firm to reflect rising procurement costs in 2007 and 2008, but later turned down Taipower’s request for price adjustments to reflect lower interest rates. The refusal caused Taipower to spend NT$5.9 billion more on electricity purchases from 2007 to 2011.
“Not only was Taipower aware of the refusal, but its representatives participated in the process,” Hsu said.
The collusion may have been initiated by the four IPPs and was likely a coordinated effort between active and retired Taipower officials to gain illegal benefits, he said, adding that the Control Yuan, which said it may launch a probe into the matter, should also investigate officials at Taipower, Taisugar and CPC.
DIPLOMATIC MOVES: Beijing is reportedly pressing the state after reports of forming links with Taiwan, while the ministry is also planning to reopen its office in Guam soon A representative office is set to open in Somaliland at the end of this month, at the earliest, the Ministry of Foreign Affairs (MOFA) said yesterday amid reports that Beijing is sending a diplomatic delegation to the east African country. The ministry on July 1 announced that Taiwan and Somaliland would establish representative offices, following a report by the Somaliland Chronicle Web site. It said at the time that the two nations did not plan to establish formal ties. Somaliland President Muse Bihi Abdi has instructed close confidants to explore the possibility of “mutual recognition between Taiwan and Somaliland,” the Somaliland Chronicle reported
‘IMMORAL, INSINCERE’: Huang Kun-huei said that Ma was ‘distorting history’ in claiming that Lee Teng-hui laid the foundation for the so-called ‘1992 consensus’ Former Presidential Office secretary-general Huang Kun-huei (黃昆輝) on Saturday rejected former president Ma Ying-jeou’s (馬英九) claim that former president Lee Teng-hui (李登輝) had been a proponent of Beijing’s “one China” principle. Lee, who served as president from 1988 to 2000, died in Taipei on Thursday last week. After visiting the Taipei Guest House on Saturday to pay his respects to Lee, Ma posted on Facebook that “28 years ago on this day” Lee hosted a session of the now-defunct National Unification Council, during which he passed a resolution on the “one China” principle. That resolution became the basis of the Chinese Nationalist Party’s
NEW ERA: Taiwan, which has controlled its virus outbreak, now faces the challenge of safely resuming economic exchanges with other nations, Chang Shan-chwen said People should not focus entirely on having zero new confirmed COVID-19 cases in Taiwan, but neglect overall control over the disease situation, Central Epidemic Command Center (CECC) specialist advisory panel convener Chang Shan-chwen (張上淳) said yesterday. Chang made the remark at a forum in Taipei discussing the steps Taiwan should take in the post-pandemic era, organized by the Chinese-language magazine Global Views Monthly. Chang, Centers for Disease Control (CDC) Director-General Chou Jih-haw (周志浩), and Stanford University’s Center for Policy, Outcomes and Prevention director C. Jason Wang (王智弘) each made a presentation, followed by a panel discussion with Chang, Wang and Buddhist Tzu
A Belgian man who tested positive for COVID-19 in Taiwan last week is likely to have contracted the disease in Taipei in late June, National Taiwan University (NTU) College of Public Health vice dean Tony Chen (陳秀熙) said yesterday. The Central Epidemic Command Center (CECC) on Saturday reported that the man, who is in his 20s, came to Taiwan for work on May 3 and tested positive on Wednesday last week as he was about to depart. The man in March reported loss of taste and smell, the center said, adding that he worked in Changhua County, but visited Taipei several times,