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NEPC approves additional renewable energy buy-back from SPP-VSPP

NEPC approves additional renewable energy buy-back from SPP-VSPP

MGR Online•Economy•26m ago

Reader Briefing

The National Energy Policy Council approved measures for additional renewable energy procurement and strategies to mitigate electricity cost fluctuations.

  • •The National Energy Policy Council approved the purchase of additional renewable energy from SPP and VSPP for a period not exceeding 8 months.
  • •The procurement period is set from January 1 to August 31, 2027.
  • •A plan was approved to allocate natural gas from the Gulf of Thailand to reduce electricity price volatility.
  • •Guidelines were approved to promote clean electricity use for Independent Power Supply (IPS) users.

Overview

  • •The National Energy Policy Council approved additional electricity procurement from Small Power Producers (SPP) and Very Small Power Producers (VSPP) who already have renewable energy plants.
  • •The procurement period for the additional renewable energy is scheduled from January 1 to August 31, 2027.
  • •The National Energy Policy Council assigned the Energy Regulatory Commission to determine the criteria and conditions for the SPP and VSPP procurement.
  • •The National Energy Policy Council approved a guideline to allocate natural gas from the Gulf of Thailand as fuel for electricity generation to reduce short-term impacts from global price volatility.
  • •The Energy Regulatory Commission is tasked with calculating the Fuel Adjustment Charge (Ft) for specific users, effective from January to April 2027.
  • •The National Energy Policy Council approved guidelines for Independent Power Supply (IPS) users to promote the use of clean electricity.
  • •The meeting was chaired by Ekniti Nitithanprapas, Deputy Prime Minister and Minister of Finance, at Government House.

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Key Entities

Organization

National Energy Policy Council(กพช.)
The council that approved renewable energy procurement, electricity cost mitigation, and clean electricity promotion for IPS.
Energy Regulatory Commission(กกพ.)
The body assigned to determine procurement criteria and calculate the Fuel Adjustment Charge (Ft).
Electricity Generating Authority of Thailand(การไฟฟ้าฝ่ายผลิตแห่งประเทศไทย)ℹ️
One of the entities whose grid capacity determines the ability to accept additional electricity.
Provincial Electricity Authority(การไฟฟ้าส่วนภูมิภาค)ℹ️
One of the entities whose grid capacity determines the ability to accept additional electricity.
Metropolitan Electricity Authority(การไฟฟ้านครหลวง)ℹ️
One of the entities whose grid capacity determines the ability to accept additional electricity.

Person

Ekniti Nitithanprapas(นายเอกนิติ นิติทัณฑ์ประภาศ)ℹ️
Deputy Prime Minister and Minister of Finance who chaired the National Energy Policy Council meeting.

Place

Government House(ทำเนียบรัฐบาล)ℹ️
The location where the National Energy Policy Council meeting took place.
Gulf of Thailand(อ่าวไทย)ℹ️
The source of natural gas to be allocated for electricity production to mitigate price volatility.