Showing 1 - 10 of 217
Solutions sought for huge oil fund debt
Business, Yuthana Praiwan, Published on 05/09/2024
» Regulating oil and gas prices by offering subsidies from the Oil Fuel Fund for five years has left the Oil Fuel Fund Office (Offo) with huge losses and substantial debt.
State urged to widen tax scheme
Business, Yuthana Praiwan, Published on 20/08/2024
» The IEEE Power and Energy Society (Thailand) is asking the government to allow more households and businesses to join its new tax reduction scheme for people installing rooftop solar panels in order to stimulate the use of clean energy.
Effort to reduce energy subsidies wins backing
Business, Yuthana Praiwan, Published on 10/08/2024
» Tax authorities and energy advocates support the Oil Fuel Fund Office's (Offo) initiative to better manage the loss-ridden Oil Fuel Fund, with its universal diesel and liquefied petroleum gas (LPG) price subsidy programmes likely to end, according to a public hearing on the 2019 Offo Act.
New energy saving scheme set to be approved shortly
Business, Yuthana Praiwan, Published on 05/08/2024
» A plan to have the Metropolitan Electricity Authority (MEA) and Provincial Electricity Authority (PEA) help state agencies manage energy conservation projects under long-term contracts is expected to be approved by the government soon to speed up efforts to save energy in the state sector, says the Department of Alternative Energy Development and Efficiency.
Enhancing the nation's oil security
Business, Yuthana Praiwan, Published on 18/07/2024
» Subsidising domestic oil prices through the state's rapidly dwindling Oil Fuel Fund is not the only way to deal with the fluctuations in global crude prices.
Federation of Thai Industries disappointed by new power plan
Business, Yuthana Praiwan, Published on 12/07/2024
» The state plan to reduce biomass and biogas fuels in the new power development plan (PDP) has disappointed the Federation of Thai Industries (FTI), which wants the authorities to maintain or increase their proportion to make better use of agricultural waste.
Fuel consumption decreases 0.4%
Business, Yuthana Praiwan, Published on 05/07/2024
» Thailand's total fuel consumption dipped by 0.4% year-on-year to 157.1 million litres per day (MLD) between January and May, attributed to higher energy prices and the country's economic slowdown, says the Department of Energy Business.
PSP banks on EV industry expansion for growth
Business, Yuthana Praiwan, Published on 30/05/2024
» PSP Specialties Plc, Thailand's largest lubricant producer by capacity, is benefiting from the growth of the electric vehicle (EV) industry by selling lubricants and lubricant-related products suitable for battery-powered cars.
Nex Point looks to Asean's growing EV market
Business, Yuthana Praiwan, Published on 20/04/2024
» The global campaign against carbon dioxide emissions is not only benefiting electric vehicle sales in Thailand, but also fuelling EV growth in Southeast Asia.
New Energy Plus Solutions foresees 66% growth in earnings
Business, Yuthana Praiwan, Published on 19/04/2024
» An older demographic and greater use of electric vehicles (EV) are the driving forces behind the solar power business in Thailand, says New Energy Plus Solutions Co (NEPS), which expects 66% growth in its earnings this year from sales of rooftop solar panels and installation.