Bangkok, April 28-Waiting for G1 gas fields to come as scheduled to produce 500-600 million cubic feet per day. LNG price is no more than 20 USD/million BTU. Will result in an average electricity bill for 3/23, a further reduction of 40 satang/unit, Ministry of Energy clarified and negotiated with the ACD to adjust all electricity purchase contracts But it’s locked so you can’t reduce the electricity bill.
PTT Exploration and Production Public Company Limited (PTTEP) announced the latest G1/61 project (Erawan, Platong, Satun, Funan fields) to increase natural gas production. is 400 million cubic feet per day by the middle of this year. and will increase to 600 million cubic feet per day by the end of the year. And will rise to 800 million cubic feet per day in April 2024, which will help reduce the impact on energy costs for people.
According to a source from the Ministry of Energy, if the G1/61 field can be produced according to the plan, it will help reduce dependence on imported liquefied natural gas (LNG). year no more than 20 USD / million BTU, then it will help the last electricity bill of this year or period 3/23 (Sept.-Dec.), the price will be 4.30-4.40 baht / The unit decreased by about 40 satang from the 2/23 period (May-Aug) where the average electricity price was 4.40 baht per unit. at $14.87/million BTU
In the event that there is a proposal to reduce electricity costs by negotiating to improve all types of electricity contracts purchased from the private sector to reduce the availability payment (AP) and improve energy purchase contracts instead (RE) In the form of ADDER.(Additional electricity tariff added to the normal electricity tariff for a period of 7 or 10 years depending on the type of power plant. ), which when the contract expires, can renew the power purchase contract every 5 years in the form of main electricity cost plus variable electricity cost (AHT), the Ministry of Energy has negotiated with the Joint Private Sector Committee (Kor Kor Kor. ) which has representatives of private power plants joining whether or not to amend the contract, for example, during the high electricity bill during the first 6 months of the year 66, please delay the payment The change in the ADDER contract appears that the private sector argues that the change does not affect investment, while domestic and foreign creditors do not agree with the change in the contract in any way.
Mr. Wattanapong Kurovat, Director of the Energy Policy and Planning Office (EPPO) said that the cost of electricity is more expensive, the main reason is fuel costs 60 percent, the rest is other costs, in the construction of power plants with AP, CP construction costs. EGAT’s power plant will have a proportion of 16 percent or 0.76 satang, however, it was found that the operation statistics in 2022, the AP fee paid to the IPP in the right place that did not start the machine, representing a rate of about 13 cash or less than 3 % of fire words per unit only
The country’s power reserves in 2022 are only 36 percent, not as high as 58 percent as reported in the news, because it has to be calculated from dependable capacity. capacity) with only 45, 225 MW deducted from the power peak, not calculated from the contract capacity. capacity) at 52,566MW, with the electricity peak in 2022 at 33,177MW, with high power reserves due to the country’s unplanned economy and also the impact of COVID-19, which electricity generation Long-term planning is required while power plant bidding and EGAT’s renewable power plant construction are clearly defined. Costs must be low, competitive amongst each other, reduce the government’s burden and from the promotion of renewable energy that increases power reserves. must be raised to accommodate the unstable production of renewable energy.-Thai News Agency
Source: Thai News Agency