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Laws & Regulations Database of The Republic of China (Taiwan)

Print Time:2024/11/01 07:34
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Chapter Law Content

Title: The Electricity Act CH
Category: Ministry of Economic Affairs(經濟部)
Chapter 9 Supplementary Provisions
Article 88
The central competent authority may set up an electricity price stabilization fund to ameliorate the impact of short-term fluctuations of the price of the electricity to the economy.
The following sources of funds may contribute to the fund prescribed in the preceding paragraph:
1. The amount of a public electricity retailing utility’s annual final adjusted after-tax earnings in excessive of a reasonable profit margin;
2. Allocation of the government funds through the budgeting process;
3. Contribution from Electricity Enterprises;
4. Contribution from the private enterprises;
5. Interest generated by the fund;
6. Other related income.
Article 89
An Electricity Generating Enterprise that has nuclear generation shall, during the operation period of the nuclear generation units, allocate sufficient funds for the back-end management of nuclear power generation, including the processing, transportation, storage and final disposal of radioactive waste, decommissioning of the plant, and the necessary community relations measures.
The central competent authority shall stipulate the calculation formulae for the funds described in the previous paragraph, the time limit for contribution, and the payment procedure as well as other points of compliance.
Article 90
The central competent authority may establish an electric research and testing institute as a designated institution to engage in studies of electricity-related technical regulations, electrical equipment testing, and methods to improve the reliability of the electric systems and safety of the supply.
Article 91
The central competent authority shall produce an annual report on the current supply and demand of electric power in the country, progress of the development of electricity projects, and the status of energy saving and carbon reduction policies; the report shall be open for public access.
Article 92
An Electricity Enterprise that obtained its electricity license prior to implementation of the amendments to this Act promulgated on January 11, 2017 shall apply for an appropriate license replacement within six months after the amendments come into force. An Electricity Enterprise that fails to apply for a replacement license, or applies but fails to meet the criteria set out in this Act, shall have its original license revoked by announcement of the electricity industry regulatory agency. Any enterprise that continues its operations despite the revocation of its license is subject to disciplinary actions pursuant to Article 72 of this Act.
Article 93
An Electricity Enterprise that engages in the electricity generation business and is designated a public utility prior to implementation of the amendments to this Act promulgated on January 11, 2017 may retain the rights and privileges as a public utility until the expiration of the period of operation allowed on the original license.
Article 94
Any discrepancies in operational guidelines for Electrical Enterprises formulated prior to implementation of the amendments to this Act promulgated on January 11, 2017 shall be modified within six months after the amendments of this Act come into effect.
Article 95
The government shall formulate a plan that actively advances the final disposal of low-level radioactive waste in order to address the issues associated with the low-level radioactive waste currently stored on Lanyu. The plans shall be formulated pursuant to the Act on Sites for Establishment of Low Level Radioactive Waste Final Disposal Facility.
Article 96
The regulations governing electricity and other electricity-related enterprises as provided in the Privately Owned Public Utilities Supervisory Act shall no longer be applicable once the amendments to this Act promulgated on January 11, 2017 come into effect.
Article 97
The Act shall come into effect upon promulgation unless an effective date is otherwise stipulated.
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