Post by account_disabled on Dec 11, 2023 13:07:25 GMT 5.75
Challenges of energy structure policy and Ft. The electricity production industry (Power) in 2024 is likely to expand according to the demand for electricity in the country. Amid challenges from the government's adjustment of energy structure and Ft values, at the same time, renewable energy in Thailand and around the world continues to grow due to increasing the share of renewable energy according to the Net zero pathway goal and ESG policies. Demand for electricity in Thailand continues to grow in line with economic growth. With the trend of electricity outside the system gradually increasing the proportion. Part of it comes from producing electricity for our own use.
Especially in the renewable energy group It is expected that the use of electricity Both inside and outside the electricity system will expand 3.5%YOY in 2024 and 3.3%(CAGR) in 2025-2027, while the Ft value of Thailand has a downward trend. After rising to a record high in early 2023, there is a possibility that Thailand's Ft in 2024 may remain low. Encourage the price of electricity to stay below 4 baht per unit if Email Data the government continues to postpone the repayment of outstanding debt (AF) to EGAT and pressures the pool gas price to remain low. By increasing the proportion of gas in the Gulf of Thailand in Pool gas, a decrease in the Ft value may affect the income of power plants in groups whose income is based on the Ft value, such as power plants with a high proportion of industrial customers (IU). electricity with Private PPA contracts and SPP (Non-firm) power plants.
However, the negative impact from lower Ft values may be attenuated and not as severe as in 2022, as the decreased Ft corresponds to the increased cost of gas power. reduce (Although natural gas costs may be at risk from Geopolitics in the short term) For the medium-term trend Fossil power generation is at risk of being put under increasing pressure from trends in reducing greenhouse gas (GHG) emissions, such as coal-fired power plants. and low-efficiency natural gas power plants. As a result, the fossil fuel power plant business may have to adjust to be in line with global trends. Including being in line with the Thailand Taxonomy guidelines that have already begun to be implemented in the energy sector.
Especially in the renewable energy group It is expected that the use of electricity Both inside and outside the electricity system will expand 3.5%YOY in 2024 and 3.3%(CAGR) in 2025-2027, while the Ft value of Thailand has a downward trend. After rising to a record high in early 2023, there is a possibility that Thailand's Ft in 2024 may remain low. Encourage the price of electricity to stay below 4 baht per unit if Email Data the government continues to postpone the repayment of outstanding debt (AF) to EGAT and pressures the pool gas price to remain low. By increasing the proportion of gas in the Gulf of Thailand in Pool gas, a decrease in the Ft value may affect the income of power plants in groups whose income is based on the Ft value, such as power plants with a high proportion of industrial customers (IU). electricity with Private PPA contracts and SPP (Non-firm) power plants.
However, the negative impact from lower Ft values may be attenuated and not as severe as in 2022, as the decreased Ft corresponds to the increased cost of gas power. reduce (Although natural gas costs may be at risk from Geopolitics in the short term) For the medium-term trend Fossil power generation is at risk of being put under increasing pressure from trends in reducing greenhouse gas (GHG) emissions, such as coal-fired power plants. and low-efficiency natural gas power plants. As a result, the fossil fuel power plant business may have to adjust to be in line with global trends. Including being in line with the Thailand Taxonomy guidelines that have already begun to be implemented in the energy sector.