EGAT expects “Utility Green Tariff” to be announced around year-end

The Electricity Generating Authority of Thailand (EGAT) is expected to announce a new energy price structure, which is known as the “Utility Green Tariff” (UGT), at year end or early next year, in the hope that it will attract multinational corporations to invest in renewable energy mega projects in Thailand.

Warit Rattanachuen, EGAT’s assistant governor for research, innovations and business development, said at a recent seminar on “Road to Net Zero” that several countries have resorted to tax measures on businesses to encourage them to reduce their greenhouse emissions.

He said EGAT has cooperated with the Board of Investment, the Metropolitan Electricity Authority and Provincial Electricity Authority and had gauged the opinions of several potential major investors about investing in renewable energy projects in Thailand and the energy price structure.

Caption: Warit Rattanachuen, Assistant Governor, EGAT

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