Showing 1 - 10 of 54
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.
Gunkul banking on new PDP
Business, Yuthana Praiwan, Published on 04/09/2024
» SET-listed Gunkul Engineering, a renewable energy developer and construction firm, expects its revenue to double, reaching 20 billion baht by 2030, thanks to the new power development plan (PDP) that promotes greater use of clean power.
B190bn windfall from renewable shift
Business, Yuthana Praiwan, Published on 31/08/2024
» Power companies are expected to rack up an additional 190 billion baht from electricity sales to the government as Thailand shifts towards greater use of renewable power between 2024 and 2037, says Krungthai Compass, the research unit of Krungthai Bank.
National plan faces delay amid cabinet reshuffle
Business, Yuthana Praiwan, Published on 23/08/2024
» Thailand's new national energy plan (NEP), outlining the roadmap towards a low-carbon society, is expected to encounter a delay due to the protracted process of forming a new cabinet under the Paetongtarn Shinawatra administration, says the Energy Policy and Planning Office.
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.
Power tariff set to fall by early 2025
Business, Yuthana Praiwan, Published on 02/08/2024
» The power tariff, which will be capped at 4.18 baht per kilowatt-hour (unit) to maintain electricity prices until the end of this year, is likely to decrease early next year, as global demand for liquefied natural gas (LNG) is thought to be decreasing, which would result in lower gas prices.
Call to educate public over nuclear push
Business, Yuthana Praiwan, Published on 30/07/2024
» A new public perception of nuclear technology in the power sector is needed and crucial for the Energy Ministry's efforts to push for small modular reactor (SMR) projects in the 2024 power development plan, say energy and nuclear technology experts.
Call for hearing on fuel price bill
Business, Yuthana Praiwan, Published on 29/07/2024
» The Energy Ministry's latest efforts at tightening control of domestic oil and cooking gas prices under a new bill requires a public hearing to examine its impact on oil traders and government revenue, says an energy expert.
Battle to keep power bills flat amid fears of gas price hike
Business, Yuthana Praiwan, Published on 20/07/2024
» The government will try to keep the power tariff unchanged for the rest of the year to curb electricity bills, amid predictions that gas prices will rise in the second half, despite more financial pressure on the state budget.
Thai oil plan faces rocky financial road
Business, Yuthana Praiwan, Published on 08/07/2024
» The government's plan to develop Thailand's strategic petroleum reserve (SPR) faces resistance from executives in the oil refining and ethanol production sectors, who point to financial challenges.