Electricity bill burden ‘sigh’… Samsung Electronics likely to pay 160 billion more

As industrial electricity rates rose by 8 won per kWh (kilowatt hour) in the second quarter amid the ongoing economic downturn, the industry is deeply troubled.

In particular, semiconductor, display, and steel industries that use a lot of electricity are expected to have to pay more than tens of billions of won in electricity bills.

This is reporter Kim Jong-ryeok.


Among domestic companies, Samsung Electronics consumes the most electricity.

This is because large facilities with high electricity consumption are operated 24 hours a day for semiconductor manufacturing.

However, with industrial electricity rates rising by 8 won per kWh in the second quarter , Samsung Electronics is expected to have to pay an additional electricity rate of about 164.5 billion won per year.

SK Hynix is ​​also expected to have to pay an additional 80 billion won.

The display and steel industries, which consume the most electricity after semiconductors, are also inevitably subject to a significant increase in burden. It is estimated that Samsung and LG Display will have to pay about 48 billion won more in electricity bills, and Hyundai Steel and Dongkuk Steel, which make steel products using electric furnaces, will have to pay about 50 billion won and about 20 billion won토토사이트,

respectively .

<Steel industry official> “There is pressure on product price hikes due to the rise in electricity rates, and there is an aspect that adds burden to corporate management.”

In particular, as the steel industry has increased electric furnace facilities in recent years to transition to a low-carbon production system, it is keenly aware of whether or not to raise electricity rates further.

However, in the case of POSCO, the largest steelmaker, more than 80% of the electricity used is self-produced and used, so there is no significant impact on the electricity rate increase.

This is Yonhap News TV Kim Jong-ryeok.

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