Thailand: Energy Min affirms reliance on fossil fuel for power production to go down

Thailand: Energy Min affirms reliance on fossil fuel for power production to
go down

The Ministry of Energy has indicated a possibility for the country's power
generation to rely less on fossil fuel by 6 percent in the next 20 years,
thanks to more use of renewable energy.

At the Energy Symposium 2016 organized by the Institute of Industrial
Energy, Federation of Thai Industries, Energy Minister Gen Anantaporn
Kanchanarat pointed out that the utilization of renewable energy for
electricity production will pick up steadily in the future while coal will
continue to be a major source of power due to its low cost. As a result, he
said fossil fuel will gradually be phased out, believing its use in power
plants will decrease from the current 82 percent to 76 percent in 20 years'
time.

In response to proposals that the feed-in tariff paid for electricity
generated from renewable energy be reduced to reflect the true production
cost, Gen Anantaporn explained that the feed-in tariff is only a median
price and does not need to be adjusted as long as the production cost
remains stable.

Meanwhile, Vice Chairman of the Federation of Thai Industries Veerasak
Kositpaisal revealed the federation's policy to support the construction of
power plants operating on clean coal technology in a bid to minimize
environmental impact and create stability in electricity production.

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Ref:
http://thainews.prd.go.th/website_en/news/news_detail/WNECO5909080010014

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John Diecker
APT Consulting Group Co., Ltd.

www.aptthailand.com