Manufacturers Urged to Shift to Renewable Energy to Reduce Costs

[snoop1130]

 

BANGKOK (NNT) - The Ministry of Industry emphasized the importance of manufacturers seriously embracing renewable energy, highlighting higher electricity bills as a critical factor in bringing firms’ attention to this issue.

 

The Office of Industrial Economics (OIE) stated that the industrial sector should consider shifting towards renewable energy in order to alleviate the financial burden caused by rising electricity bills. Using renewable energy such as biomass or solar power could be implemented alongside efficient management of electricity usage to lower costs.

 

OIE Director-General Warawan Chitaroon stated that the government is aware that higher electricity prices will affect businesses, but the Energy Regulatory Commission can only slightly reduce a planned increase in the power tariff which is used to calculate electricity bills, from 20.5% to 13%. The increase in the power tariff, from 4.72 baht per kilowatt-hour (unit) to 5.33 baht per unit, will result in a variety of increased manufacturing costs, depending on the sector.

 

The fuel tariff (Ft) is a key factor in the power tariff and is determined by the fuel cost for energy generation in the country. Thailand’s Ft is high when compared to neighboring countries, with the OIE reporting that the country’s Ft rate ranks third in ASEAN, behind Singapore and the Philippines.

 

The Federation of Thai Industries also expressed concerns in regard to the country’s Ft, stressing that high energy prices can deter foreign investments or force manufacturers to cancel existing contracts for business in the country.

 

Source: https://thainews.prd.go.th/en/news/detail/TCATG230120100350932

 

-- © Copyright NNT 2023-01-20

 

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[hotchilli]

13 hours ago, snoop1130 said:

The Ministry of Industry emphasized the importance of manufacturers seriously embracing renewable energy, highlighting higher electricity bills as a critical factor in bringing firms’ attention to this issue.

Renewable energy in Thailand is still expensive... I can't see many established companies forking out to change.

Maybe new builds will look at alternatives.

[RichardColeman]

Ugly and useless when no wind. Must be a better way than ruining the landscape to create electricity 

[jacko45k]

5 minutes ago, RichardColeman said:

Ugly and useless when no wind. Must be a better way than ruining the landscape to create electricity 

Had a friend who had one put up near where she lived.... she hated it. It created a disturbing background noise and killed many birds she said... and truly an eyesore.

[Mad mick]

Its a scam renewables not yet invented other than windmills & solar panels another environmental impact unkown will become catastrophic around the world ???? climate change is a scam

Edited January 21, 2023 by Mad mick

[Thingamabob]

In addition to their ugliness, ineffectiveness without wind, and the high cost of materials to manufacture them, windmills also horribly kill and maim birds. In summary, they are a useless nightmare.

Edited January 21, 2023 by Thingamabob
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