Thailand’s new green utility tariff boosts renewable energy use

[webfact]

The unveiling of a Green Utility Tariff (GUT) in February is set to bring about a significant progression in renewable energy use within Thailand, bolstering local businesses and attracting foreign investment.

 

This move has been eagerly awaited by numerous companies considering expansion into Thailand, as they seek not only the necessary infrastructure but also a source of clean energy to support their carbon reduction strategies.

 

As the specifics of the GUT are clarified, renewable energy suppliers will gain an understanding of the potential benefits to be gained from electricity sales. Simultaneously, users will be able to determine their expenses for accessing clean power. Clear information on the rates is seen as a crucial element for Thailand as it pursues its ambitions to lower carbon dioxide emissions while also stimulating investment and economic development.

 

The GUT is a tariff applied to the pricing of electricity produced via renewable resources. It is divided into GUT 1 and GUT 2 by officials. GUT 1 pertains to rates for existing renewable power operators and applies to certain types of renewables. GUT 2, on the other hand, relates to rates for new clean power developers, allowing them to utilise various types of renewable energy, as explained by Samerjai Suksumek, Chairman of the Energy Regulatory Commission (ERC).

 

by Alex Morgan

Picture courtesy of Bangkok Post

 

Full story: [The Thaiger 2024-01-25

 

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[flyingtlger]

43 minutes ago, webfact said:

The unveiling of a Green Utility Tariff (GUT) in February is set to bring about a significant progression in renewable energy use within Thailand

Sounds like another lofty dream that will not come to fruition......

[hotchilli]

More hot air.

[AgMech Cowboy]

More tax and cost increases for your electricity. 

[cracker1]

Anyone know where the hydro dam in the picture is ?