Home » Business » Government Intends to Finalize Electricity Rate Adjustment Soon, says Minister Lee Chang-yang

Government Intends to Finalize Electricity Rate Adjustment Soon, says Minister Lee Chang-yang

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    Minister of Trade, Industry and Energy Lee Chang-yang said, “The government intends to finalize the electricity rate adjustment sooner or later on the premise of a self-rescue plan for energy supply.”

    Minister Lee appeared on a comprehensive program this afternoon and answered a question to the effect that ‘some of the views are that it is populism that the ruling party has withheld the rate decision ahead of next year’s general election’.

    Minister Lee said, “As seen in the past nuclear power plant (policy), the more politicized electricity rates are, the greater the burden on the people. We must be vigilant against the politicization of electricity rates,” he stressed.

    He said, “If electricity rates are not realistic, not only will the overall economy suffer considerable damage, but also the country’s energy supply system itself will be threatened.” because,” he added.

    He also said, “In relation to the guardrail provisions of the Semiconductor Act, we have formed quite a consensus (with the United States) over the regulation of our semiconductor companies in China.” (Production scale) also increased,” he said.

    Minister Lee said, “Through various efforts, the defense industry, which exported about 17 billion dollars last year, will export more than 20 billion dollars this year.”

  • 2023-05-01 08:53:00
    #Minister #Industry #Sooner #electricity #rate #adjustment #completed.. #rate #realistic #Seoul #Media #Foundation #TBS

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