#egat — Public Fediverse posts

Iran war exposes Thai energy fragility
🧐"primary barrier lies in #power #purchase agreements tt #EGAT has signed w #commercial power producers. However, such contracts aren't rigid. In several countries, incl'g Spain, similar agrmts hv been renegotiated for the #public good.. te barrier is not technical or legal -- it is #political.. direction fwd shld now be clear: expanding #renewable #energy while building a more #democratic & resilient energy system for #Thai society"
https://www.bangkokpost.com/opinion/opinion/3225674/iran-war-exposes-thai-energy-fragility

Korea Hydro & Nuclear Power signed an MOU with Thailand's EGAT to collaborate on small modular reactor technology, aiming to boost nuclear R&D and support Thailand's energy transition strategy.
#YonhapInfomax #KoreaHydroNuclearPower #EGAT #SMR #MOU #EnergyTransition #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=66988

Contd: "🇹🇭 #PPA contains another #guarantee mechanism known as #takeorpay. #Egat is obliged to buy #electricity fr #powerplants even tho 🇹🇭 has too much #energyreserves in the #nationalgrid.. w generous PPAs, profits of pwr plants rise sustainably while those of Egat move in e opposite direction.. #IEA recs alternative #powermarket mechanisms.. generous financial obligations such as Ft & purchase-guaranteed clauses, like e AP & take-or-pay clauses, must be removed, if not reduced" #GoodGovernance

Contd: "🇹🇭 #PPA contains another #guarantee mechanism known as #takeorpay. #Egat is obliged to buy #electricity fr #powerplants even tho 🇹🇭 has too much #energyreserves in the #nationalgrid.. w generous PPAs, profits of pwr plants rise sustainably while those of Egat move in e opposite direction.. #IEA recs alternative #powermarket mechanisms.. generous financial obligations such as Ft & purchase-guaranteed clauses, like e AP & take-or-pay clauses, must be removed, if not reduced" #GoodGovernance

Contd: "🇹🇭 #PPA contains another #guarantee mechanism known as #takeorpay. #Egat is obliged to buy #electricity fr #powerplants even tho 🇹🇭 has too much #energyreserves in the #nationalgrid.. w generous PPAs, profits of pwr plants rise sustainably while those of Egat move in e opposite direction.. #IEA recs alternative #powermarket mechanisms.. generous financial obligations such as Ft & purchase-guaranteed clauses, like e AP & take-or-pay clauses, must be removed, if not reduced" #GoodGovernance

Contd: "🇹🇭 #PPA contains another #guarantee mechanism known as #takeorpay. #Egat is obliged to buy #electricity fr #powerplants even tho 🇹🇭 has too much #energyreserves in the #nationalgrid.. w generous PPAs, profits of pwr plants rise sustainably while those of Egat move in e opposite direction.. #IEA recs alternative #powermarket mechanisms.. generous financial obligations such as Ft & purchase-guaranteed clauses, like e AP & take-or-pay clauses, must be removed, if not reduced" #GoodGovernance

Unplugging #electricity monopoly
"🇹🇭centralised energy sys contain structural hurdles. 1 is govt using cost-passing mech'sm to shift some of e financial burden to consumers. 2 is e inflexible PPAs tt #Egat has been sign'g w pte #powercos, which limits negotiations & freedom to choose a power source tt fits social & #environmental cond'ns.. Policymakers don't bother abt any impact of inaccurate forecast bec #Thailand's PPA hv mechanism to pass on fin'al burden to consumers"
https://www.bangkokpost.com/opinion/opinion/2867528/unplugging-the-electricity-monopoly