CPC Taiwan Raises Natural Gas Prices for Second Consecutive Month, Taipower's Monthly Costs to Increase by NT$13 Billion Starting May
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CPC Corporation, Taiwan, raised natural gas prices for power generation customers by 41.58% in April and an additional 9.34% in May due to the ongoing Middle East war and rising international energy costs. Taipower estimates its monthly natural gas costs will increase by NT$13 billion starting May, prompting concerns about future electricity prices.