webfact Posted April 19, 2023 Share Posted April 19, 2023 PHOTO: Unsplash by Mitch Connor Prime Minister Prayut Chan-o-cha has announced that the government is intensifying its efforts to discover new sources of alternative energy in response to complaints about rising electricity bills during the summer months. His statement comes in reaction to social media outrage and calls for the government to take further steps to reduce people’s energy expenses. “It is crucial to examine why bills are increasing. The issue is complex, involving production costs and management. We will explore potential actions. Rest assured, I will personally oversee the matter,” the Prime Minister stated. He added that electricity rates are connected to long-standing business operations and contractual commitments. “However, the government will endeavour to ensure no one is disadvantaged,” Gen Prayut said. He further stated that the government has been attempting to identify and promote more affordable energy sources, such as renewable energy, and encourage local communities and households to utilise solar cells to capture sunlight and convert it into electricity. “We should also consider the energy prices and petrol prices in other nations. But we shouldn’t compare ours with countries that possess their energy sources. Full story: https://thethaiger.com/hot-news/economy/prime-minister-faces-questions-about-energy-costs -- © Copyright Thaiger 2023-04-19 - Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here. The most versatile and flexible rental investment and holiday home solution in Thailand - click for more information. 2 Link to comment Share on other sites More sharing options...
ThailandRyan Posted April 19, 2023 Share Posted April 19, 2023 Like fuel subsidies, why not subsidize energy usage. Is it really costing more to generate the energy distributed around Thailand? 54 minutes ago, webfact said: We should also consider the energy prices and petrol prices in other nations. But we shouldn’t compare ours with countries that possess their energy sources. So Thailand does not produce its own fuel from the oil fields leased out to folks like PTT and so on? Kind of confused. Where does gas come from in Thailand? Most of Thailand's crude oil and condensates are from offshore fields in the Gulf of Thailand. https://www.eia.gov › country › THA Thailand - International - U.S. Energy Information Administration ... Does Thailand produce gas? Natural gas fuels approximately 60–65% of Thailand's electrical power generation. The Erawan gas field in the Gulf of Thailand supplies about 20% of Thailand's gas production. https://en.m.wikipedia.org › wiki Energy in Thailand - Wikipedia 1 Link to comment Share on other sites More sharing options...
Popular Post TimeMachine Posted April 19, 2023 Popular Post Share Posted April 19, 2023 The first step is to ensure solar energy is taken advantage of. Some countries do it better than others. I can only think of three reasons why the government does not use the people's taxes to install home solar at reduced prices. The first two are, Laziness and money fright. The third I'd rather not say out loud. Solar doesn't solve every problem, but if you can't get the solar sorted correctly then all else is gonna be impossible too. Laying a few solar farms around the place doesn't cut it. A lot more should be done. 3 Link to comment Share on other sites More sharing options...
nigelforbes Posted April 19, 2023 Share Posted April 19, 2023 45 minutes ago, ThailandRyan said: Like fuel subsidies, why not subsidize energy usage. Is it really costing more to generate the energy distributed around Thailand? So Thailand does not produce its own fuel from the oil fields leased out to folks like PTT and so on? Kind of confused. Where does gas come from in Thailand? Most of Thailand's crude oil and condensates are from offshore fields in the Gulf of Thailand. https://www.eia.gov › country › THA Thailand - International - U.S. Energy Information Administration ... Does Thailand produce gas? Natural gas fuels approximately 60–65% of Thailand's electrical power generation. The Erawan gas field in the Gulf of Thailand supplies about 20% of Thailand's gas production. https://en.m.wikipedia.org › wiki Energy in Thailand - Wikipedia The fuel subsidy covers petrol, diesel, gas, oil, anything that is used for fuel. And since most power stations require oil, gas, coal or other fuel, that also is subsidised by the same subsidy that governs automotive fuel purchases. Link to comment Share on other sites More sharing options...
Popular Post Srikcir Posted April 19, 2023 Popular Post Share Posted April 19, 2023 Thailand had been importing crude petroleum (13th largest importer in the world-2021) & natural gas. Paradoxically it has been exporting crude (52nd largest exported in the world-2021). In 2021 Thailand sold surplus LNG to Japan and plans in the future to re-export fuel for power plants to "energy-hungry countries" such as South Korea, China and Taiwan. In summary I summarize with this link titled: "Opinion - Prayut's mismanagement of energy sector offers windfall for power generators but bodes ill for end users and businesses", December 23, 2022 https://www.thaienquirer.com/47020 6 1 Link to comment Share on other sites More sharing options...
Popular Post hotchilli Posted April 19, 2023 Popular Post Share Posted April 19, 2023 2 hours ago, webfact said: Prime Minister Prayut Chan-o-cha has announced that the government is intensifying its efforts to discover new sources of alternative energy in response to complaints about rising electricity bills during the summer months. Too late mate, you're on skid row. 2 2 Link to comment Share on other sites More sharing options...
PeeJayEm Posted April 19, 2023 Share Posted April 19, 2023 I compared my UK and Thailand domestic electricity kWh prices for Dec22 to Feb23. The UK rate was about 500% (yes 5 times) the Thailand rate. 50p vs 10p. Thailand as a net importer of oil, gas and coal is subject to the same basic global market pricing. So it seems that either the UK has some highly inefficient structures in its energy delivery model or Thailand has a huge price bomb overdue to explode. Link to comment Share on other sites More sharing options...
dinsdale Posted April 19, 2023 Share Posted April 19, 2023 2 hours ago, ThailandRyan said: Where does gas come from in Thailand? 2 hours ago, ThailandRyan said: Does Thailand produce gas? Thailand: Domestic gas production? Yes. Mainly Gulf of Thailand. Imports the product? Yes. Mainly Myanmar. Hope that answers your question. Link to comment Share on other sites More sharing options...
John Drake Posted April 19, 2023 Share Posted April 19, 2023 The heat is one thing and using the a/c to escape the heat is optional. So I wouldn't bother about paying more for electricity except the air pollution levels make remaining indoors and using a/c pretty nearly a necessity. It's government's responsibility to enforce clean air provisions and stop burning or take emergency actions to shut down traffic. If the government is going to refuse to do that, then it needs to pay a subsidy for people to operate a/c. Ought to pay a subsidy, too, for people without a/c to have emergency centers for clean air. 1 Link to comment Share on other sites More sharing options...
klauskunkel Posted April 19, 2023 Share Posted April 19, 2023 3 hours ago, webfact said: the government is intensifying its efforts to discover new sources of alternative energy no need to discover new sources of energy: Psychic Energy (fairgrounds), Ectoplasm (foam on Prayut's mouth), Road Rage (on the roads, duh), Ghosts (every village, town and city) Thailand has it all! Link to comment Share on other sites More sharing options...
metisdead Posted April 19, 2023 Share Posted April 19, 2023 An off topic post about UK inflation has been removed. Link to comment Share on other sites More sharing options...
mrfill Posted April 19, 2023 Share Posted April 19, 2023 1 hour ago, PeeJayEm said: I compared my UK and Thailand domestic electricity kWh prices for Dec22 to Feb23. The UK rate was about 500% (yes 5 times) the Thailand rate. 50p vs 10p. Thailand as a net importer of oil, gas and coal is subject to the same basic global market pricing. So it seems that either the UK has some highly inefficient structures in its energy delivery model or Thailand has a huge price bomb overdue to explode. Or it could be that the UK has allowed the generators to maintain and even increase substantially their dividends by setting a very high price cap and making the public suck it up. Thailand has chosen to cap at a much lower rate. 1 Link to comment Share on other sites More sharing options...
PeeJayEm Posted April 19, 2023 Share Posted April 19, 2023 2 hours ago, mrfill said: Or it could be that the UK has allowed the generators to maintain and even increase substantially their dividends by setting a very high price cap and making the public suck it up. Thailand has chosen to cap at a much lower rate. My theory is that the UK price is way higher than most countries (even in Europe) because the supply chain has been sliced into so many separate stages and markets - all run by private entities (raw fuel supply, generation, grid distribution, retail supply) and all making profits along the way and then with 20% tax on the final retail consumers. Countries like Thailand (as far as I know) have kept that whole chain in government hands as natural monopoly. In my view that's the correct way of managing anything that is critical infrastructure fundamental to security of the economy and wellbeing or people - not slicing out profit and tax at four stages within the supply. 1 Link to comment Share on other sites More sharing options...
ikke1959 Posted April 19, 2023 Share Posted April 19, 2023 The greed is unlimited... In summer when it is hot and people need to use their airco much more, or fans , they always increase the electricity bills.. Every year the same, a lot of use will give alot of money. Than start complaining and the bills go down a bit when it is cooler and less usage.... 1 Link to comment Share on other sites More sharing options...
still kicking Posted April 19, 2023 Share Posted April 19, 2023 6 hours ago, klauskunkel said: no need to discover new sources of energy: Psychic Energy (fairgrounds), Ectoplasm (foam on Prayut's mouth), Road Rage (on the roads, duh), Ghosts (every village, town and city) Thailand has it all! And that is the reason you live in Thailand good luck Link to comment Share on other sites More sharing options...
chalawaan Posted April 19, 2023 Share Posted April 19, 2023 7 hours ago, PeeJayEm said: I compared my UK and Thailand domestic electricity kWh prices for Dec22 to Feb23. The UK rate was about 500% (yes 5 times) the Thailand rate. 50p vs 10p. Thailand as a net importer of oil, gas and coal is subject to the same basic global market pricing. So it seems that either the UK has some highly inefficient structures in its energy delivery model or Thailand has a huge price bomb overdue to explode. Not a valid comparison for anyone other than yourself with energy bills in both places. Almost everything driving those price differentials are unique to each nations economy and energy supply/demand frameworks. 1 1 Link to comment Share on other sites More sharing options...
Popular Post NoshowJones Posted April 19, 2023 Popular Post Share Posted April 19, 2023 "Rest assured, I will personally oversee the matter,” the Prime Minister stated". Of course, just like many of his other lies, ie there won't be a coup. ???? 3 Link to comment Share on other sites More sharing options...
nigelforbes Posted April 23, 2023 Share Posted April 23, 2023 On 4/19/2023 at 2:54 PM, PeeJayEm said: I compared my UK and Thailand domestic electricity kWh prices for Dec22 to Feb23. The UK rate was about 500% (yes 5 times) the Thailand rate. 50p vs 10p. Thailand as a net importer of oil, gas and coal is subject to the same basic global market pricing. So it seems that either the UK has some highly inefficient structures in its energy delivery model or Thailand has a huge price bomb overdue to explode. Once again, Thailand operates a fuel subsidy scheme, whereby high consumer prices are temporarily subsidised, until such time as energy costs fall when consumers overpay to replenish the fund. During covid it was a one way street and government had to borrow to fund the over extended fund. The idea of the fund is to smooth the peaks and valleys in the price of energy and fuel.....it does work quite well and is responsible for keeping inflation lower than if the scheme wasn't in operation. https://www.nationthailand.com/business/40016379 https://finance.yahoo.com/news/thailand-steps-inflation-fight-subsidies-081001693.html https://www.reuters.com/world/asia-pacific/thailand-approves-support-measures-cope-with-high-energy-prices-2022-03-22/ 1 Link to comment Share on other sites More sharing options...
zzaa09 Posted April 23, 2023 Share Posted April 23, 2023 On 4/19/2023 at 9:45 AM, NoshowJones said: "Rest assured, I will personally oversee the matter,” the Prime Minister stated". Of course, just like many of his other lies, ie there won't be a coup. ???? ......and why is he continued to be referred to as a PM? He's not that - technically and legally. Link to comment Share on other sites More sharing options...
NoshowJones Posted April 23, 2023 Share Posted April 23, 2023 2 hours ago, zzaa09 said: ......and why is he continued to be referred to as a PM? He's not that - technically and legally. Caretaker?? 1 Link to comment Share on other sites More sharing options...
zzaa09 Posted April 23, 2023 Share Posted April 23, 2023 30 minutes ago, NoshowJones said: Caretaker?? Hmmm... Don't even know if he's that. Oligarchical chosen dictator sounds more appropriate. ???? 1 Link to comment Share on other sites More sharing options...
PeeJayEm Posted April 25, 2023 Share Posted April 25, 2023 On 4/23/2023 at 11:32 AM, nigelforbes said: Thailand operates a fuel subsidy scheme, whereby high consumer prices are temporarily subsidised, until such time as energy costs fall when consumers overpay to replenish the fund. During covid it was a one way street and government had to borrow to fund the over extended fund Many thanks for all this Nigel - I'm much better informed now. 1 Link to comment Share on other sites More sharing options...
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