Showing 1 - 9 of 9
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.
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.
The struggle in harnessing power prices
Business, Yuthana Praiwan, Published on 25/01/2023
» Following protests from the business community, the Energy Regulatory Commission (ERC) reduced its planned hike to the power tariff for companies to 13%, down from 20.5%, but entrepreneurs say they cannot maintain product prices at these rates.
Ministry urged to cut power reserve
Business, Yuthana Praiwan, Published on 03/01/2023
» Energy advocates are demanding the Energy Ministry reduce the country's huge surplus of power generation capacity in reserve as part of efforts to curb a surge in power bills in 2023.
Analysts back cut in oil excise tax
Business, Yuthana Praiwan, Published on 05/02/2022
» Energy policymakers need to implement various measures, including a cut in the oil excise tax, to make fuel prices bearable for businesses and households, according to energy analysts.
Cleaning up the Energy Ministry
Business, Yuthana Praiwan, Published on 28/07/2020
» Since the resignation of Energy Minister Sontirat Sontijirawong, the vacant post has been highly sought after by ambitious power brokers not for its budget, one of the smallest in government, but for its control of lucrative energy contracts plagued by graft and corruption.
Minister seeks solar rooftop revisions
Business, Yuthana Praiwan, Published on 30/06/2020
» Energy Minister Sontirat Sontijirawong has demanded a revision of conditions for the solar rooftop project within two months to encourage more households to produce and sell power to the state grid.
Analysts worried about gas auctions
Business, Yuthana Praiwan, Published on 01/05/2018
» Energy analysts are anxious about the possibility of further delays in the upcoming auction for the two gas blocks in the Gulf of Thailand, even as policymakers kicked off the official bidding on April 23.
Shining a light on Thailand's electricity woes
Business, Yuthana Praiwan, Published on 18/01/2018
» The plan to open up Thailand's power generation market comes months after the government raised eyebrows at under-performance and rampant price hikes by the Electricity Generating Authority of Thailand (Egat).