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Energy in Thailand refers to the production, storage, import and export, and use of
energy Energy () is the physical quantity, quantitative physical property, property that is transferred to a physical body, body or to a physical system, recognizable in the performance of Work (thermodynamics), work and in the form of heat and l ...
in the
Southeast Asian Southeast Asia is the geographical southeastern region of Asia, consisting of the regions that are situated south of China, east of the Indian subcontinent, and northwest of the Australian mainland, which is part of Oceania. Southeast Asia is ...
nation of
Thailand Thailand, officially the Kingdom of Thailand and historically known as Siam (the official name until 1939), is a country in Southeast Asia on the Mainland Southeast Asia, Indochinese Peninsula. With a population of almost 66 million, it spa ...
. Thailand's energy resources are modest and being depleted. The nation imports most of its
oil An oil is any nonpolar chemical substance that is composed primarily of hydrocarbons and is hydrophobic (does not mix with water) and lipophilic (mixes with other oils). Oils are usually flammable and surface active. Most oils are unsaturate ...
and significant quantities of
natural gas Natural gas (also fossil gas, methane gas, and gas) is a naturally occurring compound of gaseous hydrocarbons, primarily methane (95%), small amounts of higher alkanes, and traces of carbon dioxide and nitrogen, hydrogen sulfide and helium ...
and
coal Coal is a combustible black or brownish-black sedimentary rock, formed as rock strata called coal seams. Coal is mostly carbon with variable amounts of other Chemical element, elements, chiefly hydrogen, sulfur, oxygen, and nitrogen. Coal i ...
. Its energy consumption has grown at an average rate of 3.3% from 2007 to 2017. Energy from renewables has only recently begun to contribute significant energy. In 2023,
natural gas Natural gas (also fossil gas, methane gas, and gas) is a naturally occurring compound of gaseous hydrocarbons, primarily methane (95%), small amounts of higher alkanes, and traces of carbon dioxide and nitrogen, hydrogen sulfide and helium ...
accounted for the highest total power generation capacity, followed by
coal Coal is a combustible black or brownish-black sedimentary rock, formed as rock strata called coal seams. Coal is mostly carbon with variable amounts of other Chemical element, elements, chiefly hydrogen, sulfur, oxygen, and nitrogen. Coal i ...
and
lignite Lignite (derived from Latin ''lignum'' meaning 'wood'), often referred to as brown coal, is a soft, brown, combustible sedimentary rock formed from naturally compressed peat. It has a carbon content around 25–35% and is considered the lowest ...
, with a significant presence of 13 natural gas production facilities, primarily in the Gulf of Thailand. From January to November 2023, the value of energy imports and exports amounted to almost 1.89 trillion
Thai baht The baht (; , ; currency sign, sign: ฿; ISO 4217, code: THB) is the official currency of Thailand. It is divided into 100 ''satang'' (, ). Prior to decimalisation, the baht was divided into eight ''fueang'' (, ), each of eight ''at'' (, ). The ...
. Energy consumption that year was around two million barrels worth of commercial primary energy oil equivalent, mainly from petroleum products and natural gas. The Thai government is actively promoting renewable energy to reduce fossil fuel dependency and has seen a year-on-year increase in the usage of renewables. There is some disparity in published figures: according to the
Ministry of Energy A ministry of energy or department of energy is a government department in some countries that typically oversees the production of fuel and electricity; in the United States, however, it manages nuclear weapons development and conducts energy-rela ...
, the country's
primary energy Primary energy (PE) is the energy found in nature that has not been subjected to any human engineered conversion process. It encompasses energy contained in raw fuels and other forms of energy, including waste, received as input to a system. Pri ...
consumption was 75.2 Mtoe (million tonnes of oil equivalent, equalling around 875 TWh) in 2013. According to BP, primary energy consumption in 2013 was 118.3 Mtoe, rising to 133 Mtoe in 2018. The
energy policy Energy policies are the government's strategies and decisions regarding the Energy production, production, Energy distribution, distribution, and World energy supply and consumption, consumption of energy within a specific jurisdiction. Energy ...
of Thailand is characterized by 1) increasing energy consumption efficiency, 2) increasing domestic energy production, 3) increasing the
private sector The private sector is the part of the economy which is owned by private groups, usually as a means of establishment for profit or non profit, rather than being owned by the government. Employment The private sector employs most of the workfo ...
's role in the energy sector, 4) increasing the role of market mechanisms in setting energy prices. These policies have been consistent since the 1990s, despite various changes in governments. The pace and form of industry liberalization and privatization has been highly controversial.


Overview

Thailand produces roughly one-third of the oil it consumes. It is the second largest importer of oil in SE Asia. Thailand is a producer of natural gas, with proved, but limited, reserves of at least 0.2 trillion
cubic metre The cubic metre (in Commonwealth English and international spelling as used by the International Bureau of Weights and Measures) or cubic meter (in American English) is the unit of volume in the International System of Units (SI). Its symbol is m ...
s . Thailand trails Indonesia and Vietnam in coal production, and the coal it produces is of mediocre quality. It must import coal to meet domestic demand, primarily electricity generation.


Oil

*Production: Thailand first began producing oil in 1981, when it started producing 2,000
barrels A barrel or cask is a hollow cylindrical container with a bulging center, longer than it is wide. They are traditionally made of wooden staves and bound by wooden or metal hoops. The word vat is often used for large containers for liquids ...
(84,000 US gallons) per day. By 2013, daily production had increased to 459,000 barrels. Proved oil reserves are estimated at 0.3 thousand million barrels, giving it a
reserves-to-production ratio The reserves-to-production ratio (RPR or R/P) is the remaining amount of a non-renewable resource, expressed in time. While applicable to all natural resources, the RPR is most commonly applied to fossil fuels, particularly petroleum and natural ga ...
(R/P) of 1.8. meaning that its oil is virtually exhausted. Indications are that Thai oil peaked in 2016 at 486,000 barrels per day. *Consumption: Thailand's consumption in 2018 was 65.8 Mtoe, up 2.2% over the previous year.


Gas

Thailand's proved natural gas reserves amount to 0.2 trillion m3. Its production in 2018 was 37.7 billion m3 (32.4 Mtoe) giving it an R/P ratio of only five years. It consumed 49.9 billion m3, making up the shortfall with 6.2 billion m3 in liquid natural gas (LNG) imports and 7.8 billion m3 via pipeline from
Myanmar Myanmar, officially the Republic of the Union of Myanmar; and also referred to as Burma (the official English name until 1989), is a country in northwest Southeast Asia. It is the largest country by area in Mainland Southeast Asia and has ...
. Natural gas fuels approximately 60–65% of Thailand's electrical power generation. The Erawan gas field in the
Gulf of Thailand The Gulf of Thailand (), historically known as the Gulf of Siam (), is a shallow inlet adjacent to the southwestern South China Sea, bounded between the southwestern shores of the Indochinese Peninsula and the northern half of the Malay Peninsula. ...
supplies about 20% of Thailand's gas production. The field is estimated to have a capacity of 885 million
cubic feet The cubic foot (symbol ft3 or cu ft)
, .
is an , Thailand had proved reserves of 1,063 million tonnes of
sub-bituminous coal Sub-bituminous coal is a lower grade of coal that contains 35–45% carbon. The properties of this type are between those of lignite, the lowest grade of coal, and those of bituminous coal, the second-highest grade of coal. Sub-bituminous coal ...
and
lignite Lignite (derived from Latin ''lignum'' meaning 'wood'), often referred to as brown coal, is a soft, brown, combustible sedimentary rock formed from naturally compressed peat. It has a carbon content around 25–35% and is considered the lowest ...
. In 2018, it produced 3.8 Mtoe, down 8.5% from 2017. It consumed 18.5 Mtoe in 2018, meaning it imported approximately 15 Mtoe. Its reserves-to-production ratio is 72 (years).


Renewables

Thailand's consumption of renewable energy in 2018 was 4 Mtoe, with a compound annual growth rate of 0.7% during the period 2008–2017.
Biomass Biomass is a term used in several contexts: in the context of ecology it means living organisms, and in the context of bioenergy it means matter from recently living (but now dead) organisms. In the latter context, there are variations in how ...
was the leading contributor of renewable energy, solar second, and wind third.
Biofuels Biofuel is a fuel that is produced over a short time span from biomass, rather than by the very slow natural processes involved in the formation of fossil fuels such as oil. Biofuel can be produced from plants or from agricultural, domestic ...
contributed 2119 Ktoe in 2018. The government is promoting the production of
biodiesel Biodiesel is a renewable biofuel, a form of diesel fuel, derived from biological sources like vegetable oils, animal fats, or recycled greases, and consisting of long-chain fatty acid esters. It is typically made from fats. The roots of bi ...
from palm oil to be blended with conventional diesel with the aim of reducing
petroleum Petroleum, also known as crude oil or simply oil, is a naturally occurring, yellowish-black liquid chemical mixture found in geological formations, consisting mainly of hydrocarbons. The term ''petroleum'' refers both to naturally occurring un ...
imports. The production goal is 5.97 million liters per day in 2021. In March 2016, the Thai government gave approval for homes and commercial buildings to install solar panels. Each house will be permitted to generate 10 kW and each factory 40 kW. The private sector, despite Thailand's ample solar resources, previously had no right to install power-generation equipment. As of 2021, Thailand is considered as one of the most successful
ASEAN The Association of Southeast Asian Nations, commonly abbreviated as ASEAN, is a regional grouping of 10 states in Southeast Asia "that aims to promote economic and security cooperation among its ten members." Together, its member states r ...
countries in promoting and deploying solar energy. The Thai government wants all new cars sold to be electric by the year 2035. Despite progress and ambitious targets, improving renewable energy governance in Thailand is viewed as an important measure to attract more investment in renewable energy sources.


Nuclear

Thailand has no nuclear power plants. Earlier plans to produce five
gigawatts The watt (symbol: W) is the unit of power or radiant flux in the International System of Units (SI), equal to 1 joule per second or 1 kg⋅m2⋅s−3. It is used to quantify the rate of energy transfer. The watt is named in honor o ...
of electricity by 2025 using nuclear technology were scaled back to 2 GW in the aftermath of the Fukushima disaster. As memories of Fukushima recede, interest in nuclear power has revived. Seven ASEAN nations, including Thailand, have signed cooperation agreements with
Rosatom State Atomic Energy Corporation Rosatom (commonly referred to as Rosatom rus, Росатом, p=rosˈatəm}), also known as Rosatom State Nuclear Energy Corporation, (), or Rosatom State Corporation, is a Russian State corporation (Russia), sta ...
, Russia's state nuclear energy agency. EGAT is working with China, Japan, and South Korea on nuclear power generation technology and has sent 100 specialists to train for nuclear power plant projects. EGAT plans for up to five percent of the country's power generation to be generated from nuclear by 2036.


Carbon emissions

In 2018, Thailand emitted 302.4 Mt of CO2, up 0.8% over 2017, but down from its
compound annual growth rate Compound annual growth rate (CAGR) is a business, economics and investing term representing the mean annualized growth rate for compounding values over a given time period. CAGR smoothes the effect of volatility of periodic values that can render ...
of 2.4% during the period 2007–2017. In a report issued by the
World Bank The World Bank is an international financial institution that provides loans and Grant (money), grants to the governments of Least developed countries, low- and Developing country, middle-income countries for the purposes of economic development ...
in December 2023, Thailand's commitment to environmental sustainability was brought into focus, with the country setting ambitious targets to reach
net-zero emissions Global net-zero emissions is reached when greenhouse gas emissions and removals due to human activities are in balance. It is often called simply net zero. ''Emissions'' can refer to all greenhouse gases or only carbon dioxide (). Reaching net ze ...
by 2065 and a 30% reduction in
greenhouse gas emissions Greenhouse gas (GHG) emissions from human activities intensify the greenhouse effect. This contributes to climate change. Carbon dioxide (), from burning fossil fuels such as coal, petroleum, oil, and natural gas, is the main cause of climate chan ...
by 2030. The Thai government has begun to implement a carbon pricing mechanism, encompassing
carbon taxes A carbon tax is a tax levied on the carbon emissions from producing goods and services. Carbon taxes are intended to make visible the hidden social costs of carbon emissions. They are designed to reduce greenhouse gas emissions by essentially i ...
and Emission Trading Schemes (ETS), as a pivotal element of its climate policy. These efforts are complemented by a phased withdrawal of
fossil fuel subsidies Fossil fuel subsidies are energy subsidies on fossil fuels. Under a narrow definition, fossil fuel subsidies totalled around $1.5 trillion in 2022. Under more expansive definition, they totalled around $7 trillion. They may be tax breaks on c ...
and the introduction of supportive policies aimed at reducing the nation's carbon footprint. The World Bank report underscored the dual benefits of such policies, not only in mitigating climate change but also in reducing the financial and health impacts of air pollution, as evidenced by the substantial costs associated with PM2.5 exposure in Thailand. The report concluded that while the initial steps towards
carbon pricing Carbon pricing (or pricing) is a method for governments to Climate change mitigation, mitigate climate change, in which a monetary cost is applied to greenhouse gas emissions. This is done to encourage polluters to reduce fossil fuel combustion, ...
are critical, they would need to be significantly bolstered after 2030, alongside the adoption of additional measures such as the expansion of
electric vehicle An electric vehicle (EV) is a motor vehicle whose propulsion is powered fully or mostly by electricity. EVs encompass a wide range of transportation modes, including road vehicle, road and rail vehicles, electric boats and Submersible, submer ...
infrastructure and
renewable energy Renewable energy (also called green energy) is energy made from renewable resource, renewable natural resources that are replenished on a human lifetime, human timescale. The most widely used renewable energy types are solar energy, wind pow ...
skills development, to achieve the deep emission cuts required for Thailand to meet its climate objectives.


Electricity

Ninety percent of Thai electrical generating capacity is conventional thermal. Oil-fired plants have been replaced by natural gas, which in 2018 generated 65% of Thailand's electricity. Coal-fired plants produce an additional 20%, with the remainder from biomass, hydro, and biogas. the
Electricity Generating Authority of Thailand The Electricity Generating Authority of Thailand (EGAT) (; ) is a state enterprise, managed by the Ministry of Energy, responsible for electric power generation and transmission as well as bulk electric energy sales in Thailand. EGAT, establish ...
(EGAT) produces 37% of Thailand's electricity; independent power producers, 35%; small power producers, 19%; and electricity imports, 9%. Electricity is distributed by the Metropolitan Electricity Authority for Bangkok,
Nonthaburi Nonthaburi (, ) is the principal city of the district and province of the same name in Thailand. On 15 February 1936, Nonthaburi town municipality ('' thesaban mueang'') was established, which only covered Suan Yai subdistrict (''tambon''), j ...
and
Samut Prakan Samut Prakan (, ) officially the City of Samut Prakan (, ) is the capital of Samut Prakan province in Thailand. It is located south from Bangkok. The city established in 1999. Transport Roads *Sukhumvit Road *Srinagarindra Road Railway * ...
, and the Provincial Electricity Authority for the remaining 74 provinces. Energy experts working for the
World Wildlife Fund The World Wide Fund for Nature (WWF) is a Swiss-based international non-governmental organization founded in 1961 that works in the field of wilderness preservation and the reduction of human impact on the environment. It was formerly named the ...
have calculated that Thailand and four Mekong Region neighbours could achieve
100% renewable energy 100% renewable energy is the goal of the use renewable resources for all energy. 100% renewable energy for electricity, heating, cooling and transport is motivated by climate change, pollution and other environmental issues, as well as ec ...
electricity generation Electricity generation is the process of generating electric power from sources of primary energy. For electric utility, utilities in the electric power industry, it is the stage prior to its Electricity delivery, delivery (Electric power transm ...
by 2050. Their study showed that these countries can produce and use electricity from solar power, wind power,
biogas Biogas is a gaseous renewable energy source produced from raw materials such as agricultural waste, manure, municipal waste, plant material, sewage, green waste, Wastewater treatment, wastewater, and food waste. Biogas is produced by anaerobic ...
, and small run-of-the-river hydroelectricity. The findings conflict with government plans that discount renewables. Rising temperatures increase electricity demand. It is estimated that cities the size of Bangkok may require as much as 2 gigawatts of additional electricity for each increase of 1 degree Celsius in temperature due to increased demand for air conditioning. As the April 2024 report highlights, Thailand is facing an extraordinary increase in electricity consumption due to an ongoing severe heat wave. The country recorded a historic peak in electricity usage at 34,443.1 megawatts, surpassing the previous record of 34,130.5 megawatts set in May 2023. This significant spike in power usage is primarily driven by the revival of key sectors such as business and tourism, which are still rebounding alongside the extreme temperatures. The
Electricity Generating Authority of Thailand The Electricity Generating Authority of Thailand (EGAT) (; ) is a state enterprise, managed by the Ministry of Energy, responsible for electric power generation and transmission as well as bulk electric energy sales in Thailand. EGAT, establish ...
(EGAT) has acknowledged this trend and now anticipates that electricity demand may further escalate, potentially exceeding 35,000 megawatts in the near future.


History of the electricity sector


Anand Panyarachun government

The government of
Anand Panyarachun Anand Panyarachun (, , ; born 9 August 1932) is a Thai retired politician who served as the Prime Minister of Thailand for two terms, first from 1991 to 1992 and again for a brief period during the latter half of 1992. He was effective in init ...
(1991-1992) began the process of
energy industry The energy industry refers to all of the industries involved in the production and sale of energy, including fuel extraction, manufacturing, oil refinery, refining and distribution. Modern society consumes large amounts of fuel, and the energy in ...
liberalisation. Its reforms included: * Allowing private companies, independent power producers (IPPs), to build and operate power generation plants, selling all of their output to the
Electricity Generating Authority of Thailand The Electricity Generating Authority of Thailand (EGAT) (; ) is a state enterprise, managed by the Ministry of Energy, responsible for electric power generation and transmission as well as bulk electric energy sales in Thailand. EGAT, establish ...
(EGAT) * Allowing smaller private companies, SPPs or small power producers, to build and operate small power generation plants (mostly co-generation plants), selling a portion of their output to EGAT * Delegating to the National Energy Policy Organisation (NEPO) the task of developing a master plan for the privatisation of EGAT. Piyasawat Amranand, head of NEPO, designed a plan which would closely replicate the English power pool, break EGAT up into several smaller companies, and privatise the smaller companies.


Chuan Leekpai government

The subsequent government of
Chuan Leekpai Chuan Leekpai MPCh MVM ThChW (, , ; ; born 28 July 1938) is a Thai politician who served two terms as the prime minister of Thailand, from 1992 to 1995, and from 1997 to 2001. He is also the former president of the National Assembly of Tha ...
(1992-1995, 1997-2001) continued Anand's policies, with Sawit Bhodivihok taking a leading role in industry reform. The reforms were fiercely attacked by members of the EGAT, Metropolitan Electricity Authority (MEA), and Provincial Electricity Authority (PEA) unions. As a result, no significant changes in industry structure or ownership occurred during Chuan's term.


Thaksin Shinawatra Thaksin Shinawatra (, ; born 26 July 1949) is a Thai businessman and politician who was the 23rd prime minister of Thailand from 2001 to 2006. Since 2009 he has also been a citizen of Montenegro. Thaksin founded the mobile phone operator A ...
government


= Refining and pipelines

= In September 2001, the National Energy Policy Office approved the partial listing of PTT, the state-owned oil and gas company. PTT swiftly became the largest company by market capitalisation upon listing in the
Stock Exchange of Thailand The Stock Exchange of Thailand (, ; SET) has been the sole stock exchange operator in Thailand since its establishment on 30 April 1975. As of 8 April 2025, with a market capitalization of US$380.19 billion (excluding mai) at an exchange rate ...
(SET). PTT greatly profited from the global increase in worldwide oil prices following the 2003 invasion of Iraq, and the rise in its stock price helped propel the SET to a boom. However, anti-Thaksin critics have claimed that PTT's bull run was due to manipulation by Thaksin.


= Electricity generation and transmission

= Like Chuan, Thaksin repeatedly attempted to privatise the
Electricity Generating Authority of Thailand The Electricity Generating Authority of Thailand (EGAT) (; ) is a state enterprise, managed by the Ministry of Energy, responsible for electric power generation and transmission as well as bulk electric energy sales in Thailand. EGAT, establish ...
(EGAT). One of the goals of the privatisation was to raise 42 billion
baht The baht (; , ; currency sign, sign: ฿; ISO 4217, code: THB) is the official currency of Thailand. It is divided into 100 ''satang'' (, ). Prior to decimalisation, the baht was divided into eight ''fueang'' (, ), each of eight ''at'' (, ). The ...
from the IPO and use the funds to invest in three new natural-gas powered power plants. In early 2004, massive employee protests forced the EGAT governor to resign, thus delaying the planned privatisation of the state enterprise. Governor Kraisri Karnasuta worked with employees to address their concerns about the privatisation, and by December 2004, it was claimed that approximately 80% of employees supported privatisation. Permanent protest stages and tents at the EGAT headquarters were taken down as the state enterprise returned to normal. After the Mahachon Party (the only party that was officially against privatisation of state enterprises) won only two seats in the February 2005 parliamentary elections, the process of EGAT's privatisation was restarted. The agency was corporatized in June 2005, transforming it from the
Electricity Generating Authority of Thailand The Electricity Generating Authority of Thailand (EGAT) (; ) is a state enterprise, managed by the Ministry of Energy, responsible for electric power generation and transmission as well as bulk electric energy sales in Thailand. EGAT, establish ...
to EGAT PLC. However, EGAT's privatisation was abruptly delayed when some NGOs and some union members filed a petition with the Supreme Court a few days before the scheduled listing on the
Stock Exchange of Thailand The Stock Exchange of Thailand (, ; SET) has been the sole stock exchange operator in Thailand since its establishment on 30 April 1975. As of 8 April 2025, with a market capitalization of US$380.19 billion (excluding mai) at an exchange rate ...
(SET). On 23 March 2006, the Supreme Administrative Court ruled against the privatisation of EGAT PLC, citing conflicts of interest, public hearing irregularities, and the continued right of expropriation. The court said that Olarn Chaipravat, a board member of PTT and
Shin Corporation Intouch Holdings PCL (; formerly Shin Corporation) is a Thai holding company which focuses on the telecommunication industry. It is the parent company of Advanced Info Service (AIS), the largest mobile phone operator in Thailand, and Thaicom, ...
(both business partners of EGAT), was on a committee involved in the legal preparation of Egat's privatisation. The court questioned the neutrality of Parinya Nutalai, chair of the public hearing panel on the EGAT listing, because he was Vice Minister of Natural Resources and the Environment. It also ruled that insufficient opportunities were given to EGAT employees to make themselves heard. There was only one public hearing for employees, which only 1,057 attended. Lastly, EGAT PLC continued to have the right to expropriate public land to build power plants and transmission lines, a right reserved for the state. Two decrees were nullified: one ordering the dissolution of the status of EGAT as a state enterprise, and the other serving as a new charter for EGAT PLC. Union leaders and anti-Thaksin protesters cheered the ruling, and called for the denationalisation of other privatised state enterprises, such as PTT Exploration and Production (PTTEP) and
Thai Airways International Thai Airways International plc () is the flag carrier airline of Thailand. Formed in 1961 as a joint venture between SAS and Thai Airways Company, the airline has its corporate headquarters in Vibhavadi Rangsit Road, Chatuchak district, Bang ...
(both privatized in 1992), PTT PCL, TOT PCL, MCOT PCL, Thailand Post Co Ltd, and
CAT Telecom CAT Telecom Public Company Limited (Communication Authority of Thailand : การสื่อสารแห่งประเทศไทย) So, then as known as CAT Telecom Plc. () is the state-owned company that runs Thailand’s interna ...
PCL. Like EGAT, PTT also retained land expropriation rights after it was privatised. However, this was one of the grounds for the nullification of the EGAT privatisation. Caretaker Finance Minister Thanong Bidaya has noted that the delisting and denationalisation of PTT could force the government to borrow massively from foreign institutions. Some criticised that the listing of PTT on the SET on the grounds that it represented a massive transfer of public assets for the benefit of few people. Though the government initially accepted over 100,000 first-time investors, there were reports that the majority of the shares for sale to retail investors had been reserved for politicians, the banks' preferred clients, and journalists, leaving many retail investors, who stood in long lines to wait, to return home empty-handed. A nephew of Suriya Juengrungruangkit, the minister of Industry overseeing PTT and TRT Party secretary general, for example, was reported to have acquired 22 times the maximum number of PTT shares distributed to retail investors. Fears of this being repeated were often cited as the reason why EGAT's privatisation was delayed indefinitely. Another key argument for delaying privatisation was that privatisation preceded the establishment of an independent energy regulatory authority. In international experience, there are no examples of successful monopoly utility privatisation without regulatory oversight. Under pressure, Thaksin's government formed an interim electricity regulatory body, but some charged that it lacked authority to force compliance, levy fines, or punish defaulters. EGAT employee concerns about employment security were also common. Some expressed concern that partial ownership of Thailand's largest electricity producer by foreign shareholders would impact national security and cause conflicts of interest. Anti-privatisation petitioners (including the Confederation of Consumer Organisations, People Living with HIV/Aids, Alternative Energy Project for Sustainability,
Free Trade Area A free trade area is the region encompassing a trade bloc whose member countries have signed a free trade agreement (FTA). Such agreements involve cooperation between at least two countries to reduce trade barriers, import quotas and tariffs, and ...
Watch, and the Four Region Slum Network) were harshly criticised by both Thai and international investors, who accused them of using corrupt tactics in delaying the listing. They also pointed to the public mandate of the 2005 election, during which the only anti-privatisation party suffered a near complete loss. International power sector governance experts from Harvard University, University of Delaware, and the
World Resources Institute The World Resources Institute (WRI) is a global research non-profit organization established in 1982 with funding from the MacArthur Foundation under the leadership of James Gustave Speth. Subsequent presidents include Jonathan Lash (1993– ...
lauded the successful repeal of EGAT privatisation as an important step towards increased accountability and transparency in the Thai energy industry.


International Electricity Exchanges

In 2020, Thailand imported 29.55 TWh of electricity and exported 2.62 TWh. With an import balance of 26.93 TWh, it ranks third globally among electricity importers, behind the United States (47.3 TWh) and Italy (32.2 TWh).Energy Statistics Data Browser : Thailand Electricity 2020
Agence internationale de l'énergie, 2 décembre 2022.
In 2021, eight Laotian power plants, with a combined generation capacity of 5,420 MW, are committed to exporting their production to Thailand. Among these, seven are hydroelectric plants (3,947 MW) and one is a coal-fired plant (1,473 MW). In August 2021, the
Electricity Generating Authority of Thailand The Electricity Generating Authority of Thailand (EGAT) (; ) is a state enterprise, managed by the Ministry of Energy, responsible for electric power generation and transmission as well as bulk electric energy sales in Thailand. EGAT, establish ...
(EGAT), the Thai state-owned electricity company, plans to import an additional 1,200 MW from Laos' hydropower plants under a long-term purchase contract, bringing the total purchases to 10,200 MW21.


Thailand's Power Development Plan, 2015-2036

According to Thailand's ''Power Development Plan for 2015-2036'', the country intends to build 20 additional gas-powered electrical generating stations (17,728 MWe), nine "clean coal" power stations (7,390 MWe), and 14,206 MW of renewable energy, including hydro, a large proportion of which will be imported from Laos or Myanmar. Up to two nuclear plants are also in the plans. Critics charge that power needs are overstated. Thailand plans for a reserve margin—the amount of energy available over that used at peak demand—of 15%. However, the plan identifies reserve margins as high as 39% in some years. The root cause is that Thailand regularly overestimates its economic growth, assuming it to be over four percent when it is historically around three percent. The role of imported hydro is also at issue. In 2015, hydro accounted for approximately seven percent of Thailand's power output. Under the plan, it will rise to 15-20% by 2036, and additional hydro will be imported from the Xayaburi Dam in Laos on the Mekong River and from the Hat Gyi and Mong Ton dams in Myanmar. While these sources may look clean on Thailand's balance sheets, the devastating environmental impacts to locals are simply outsourced. Many have asked why Thailand pursues a few very large coal power plants when it could be adopting safer, possibly cheaper routes, such as biomass reactors, like the 40 MWe plant operated by Double A in
Prachinburi Prachinburi (, , ) is a town ('' thesaban mueang'') in central Thailand, capital of Prachinburi Province. It covers the entire tambon Na Mueang of the Mueang Prachinburi District (city district). As of 2000, the population of the town was 25,15 ...
using wood and offcuts. The answer may lie in the fact that large, centralised mega-projects benefit the centralised system of project approval. With a public sector corruption rate of 25%, according to the Thai Chamber of Commerce, they can be very beneficial for unscrupulous officials. One reason, however, is the required
base load The base load (also baseload) is the minimum level of demand on an electrical grid over a span of time, for example, one week. This demand can be met by unvarying power plants or dispatchable generation, depending on which approach has the best m ...
of electricity.


See also

* Economy of Thailand#Energy * Nuclear power in Thailand *
Electricity Generating Authority of Thailand The Electricity Generating Authority of Thailand (EGAT) (; ) is a state enterprise, managed by the Ministry of Energy, responsible for electric power generation and transmission as well as bulk electric energy sales in Thailand. EGAT, establish ...
* Metropolitan Electricity Authority * Provincial Electricity Authority


References


External links


Electricity Generating Authority of Thailand (EGAT)

Google Earth Map of the oil and gas infrastructure in Thailand Thailand Electricity Security Assessment, 2016
{{Asia topic, Energy in