After years of ideological contest. The world has now embarked on the path of market-driven economic development. Many utility industries in advanced countries have shifted from a conventional regulated system to a more liberalized one. Among those industries, the electric power industry is one which is rapidly evolving toward a more competitive market. This international trend in the development of the electric power industry has definitely influenced Taiwan’s electric power industry, which is currently consists of a more open and liberalized market system. Independent power producers and cogenerators have been encouraged by the government so as to create more competition in power generation. The purpose of this book is to examine the potential impact this will have on Taiwan Power Company. Taipower and to make relevant recommendations regarding the repositioning and to suggest managerial strategies for Taipower.
