NEPC to increase renewable energy procurement to cut power costs

Thansettakij•Economy•25m ago

Reader Briefing

The National Energy Policy Council convened to consider four key agendas regarding energy production, costs, and the promotion of Thailand as an LNG hub.

•The National Energy Policy Council (NEPC) meeting No. 4/2026 (178th) was chaired by Deputy Prime Minister and Minister of Finance Ekniti Nitithanprapas.
•The meeting took place at Meeting Room 301, Command Building 1, Government House.
•Four main agendas were considered: increasing renewable energy procurement, establishing Thailand as an LNG Regional Hub, reducing electricity cost impacts, and regulating IPS electricity.
•Permanent Secretary for Agriculture and Cooperatives Rapeepat Chantarasriwong attended as a representative for Minister of Agriculture and Cooperatives Suriya Juirungruangkit.

Overview

•Deputy Prime Minister and Minister of Finance Ekniti Nitithanprapas presided over the National Energy Policy Council (NEPC) meeting No. 4/2026 (178th).
•The National Energy Policy Council considered measures to increase the procurement of electricity from renewable energy to provide more energy alternatives and handle the energy price crisis.
•The National Energy Policy Council reviewed guidelines for managing natural gas infrastructure to promote Thailand as a Liquefied Natural Gas (LNG) Regional Hub.
•The National Energy Policy Council considered ways to mitigate short-term electricity cost impacts caused by the volatility of global natural gas prices.
•The National Energy Policy Council discussed operational directions for electricity users who produce their own power or trade electricity between private sectors (IPS) to align with national energy policy.
•Permanent Secretary for Agriculture and Cooperatives Rapeepat Chantarasriwong attended the meeting on behalf of Minister of Agriculture and Cooperatives Suriya Juirungruangkit.
•The decisions regarding renewable energy procurement and electricity cost reduction are being monitored by households, the industrial sector, and the business sector.

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Key Entities

Organization

National Energy Policy Council(คณะกรรมการนโยบายพลังงานแห่งชาติ)

The body responsible for determining the national energy policy direction and considering electricity procurement and cost measures.

Ministry of Agriculture and Cooperatives(กระทรวงเกษตรและสหกรณ์)

The ministry represented by Rapeepat Chantarasriwong and led by Suriya Juirungruangkit.

Ministry of Finance(กระทรวงการคลัง)ℹ️

The ministry headed by Ekniti Nitithanprapas.

Person

Rapeepat Chantarasriwong(รพีภัทร์ จันทรศรีวงศ์)

Permanent Secretary for Agriculture and Cooperatives who attended the NEPC meeting on behalf of Suriya Juirungruangkit.

Suriya Juirungruangkit(สุริยะ จึงรุ่งเรืองกิจ)

Minister of Agriculture and Cooperatives.

Ekniti Nitithanprapas(เอกนิติ นิติทัณฑ์ประภาศ)ℹ️

Deputy Prime Minister and Minister of Finance who chaired the NEPC meeting.

Place

Government House(ทำเนียบรัฐบาล)ℹ️

The location of the NEPC meeting, specifically Meeting Room 301, Command Building 1.