Mar. 27 at 4:07 PM
Taiwan kept electricity tariffs unchanged in its semiannual review, maintaining stable consumer energy prices until the next review in September, according to Bank of America. The Ministry of Economic Affairs will monitor global energy prices and geopolitical risks to stabilize inflation and support industrial competitiveness.
Concerns over LNG shortages have eased, with supplies secured through mid-June and U.S. LNG imports set to rise under new contracts. Spot LNG prices in Asia, including Taiwan, have surged, roughly double prior contract rates with Qatar, adding TWD 1–1.1 billion per cargo. About half of Taiwan’s electricity comes from LNG.
State-owned CPC and Taipower absorb much of the fuel cost increases via smoothing mechanisms, containing short-term inflation impact. Bank of America estimates a 10% oil price rise adds ~0.1 pp to CPI inflation. Taiwan’s central bank keeps core CPI inflation around 1.75–1.80% despite rising oil assumptions.
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