Energy

Cabinet extends diesel excise cut

The Cabinet has approved a two-month extension of the reduced excise duty for diesel to help mitigate the impact of the fuel price crisis.Continue watching ...

New tax law could provide spark to Thailand’s global EV hub dream

A new tax law introduced today could provide the spark to realize Thailand’s global electric vehicle hub dream.The Excise Department in Bangkok revealed a law governing the reduction of the EV tax from 8% to 2% will be published tomorrow in the Royal Gazette and ...

PM orders govt to cut power use by 20% as fuel crisis deepens

Prime Minister Gen Prayut Chan-o-cha has ordered all government agencies to reduce their energy usage by 20 per cent as Thailand struggles with the fuel price crisis.Prayut said the Energy Ministry had proposed several measures to reduce energy usage, government spokesman Thanakorn Wangboonkongchana said on ...

The Nation Reporter

Oil Fuel Fund set to be replenished next month

The Oil Fuel Fund Office (Offo) expects to obtain the first portion of loans as part of a total of 20 billion baht from commercial banks next month as its fund, used to subsidise energy prices, is nearly empty.The loans are to repay oil and ...

Bangkok Post Reporter

Deep dive into Thailand's EV perks package

The government recently approved an array of incentives, including lower excise tax and import duties on significant auto parts, in a bid to make electric vehicles (EVs) more appealing to both car buyers and manufacturers.What are the incentives for EVs?The incentives recently approved by the ...

Bangkok Post Reporter

Pandemic dampens fuel consumption

The Covid-19 outbreak caused fuel consumption in Thailand to decline by 4.4% during the first eight months of 2021 to a daily average of 131 million litres, down from a daily average of 137 million litres during the corresponding period last year, says the Department ...

Bangkok Post Reporter

Energy consumption up by 2.8% in first half, but only 0.1% rise projected for full year

Thailand’s primary energy consumption rose 2.8 per cent in the first six months of 2021, the Energy Policy and Planning Office (EPPO) reported on Monday.Consumption of natural gas, lignite, hydropower and imported electricity increased as the global economy began to recover. However, oil us fell ...

The Nation Reporter

Fuel consumption drops by 1.7%

Thailand saw its fuel consumption decline by 1.7% to an average of 136 million litres per day during the first half of this year, largely attributed to the third wave of Covid-19, says the Department of Energy Business.Average fuel consumption stood at 138 million litres ...

Yuthana Praiwan

Egat forecasts rise in electricity demand

State-run Electricity Generating Authority of Thailand (Egat) estimates electricity output and imports this year to rise by 1.68% to 195.16 billion kilowatt hour (KWH), from 191.93 billion KWH last year, due to a extended hot season and positive socio-economic factors.Egat governor, Boonyanit Wongrukmit, said the ...

Yuthana Praiwan

Thai coal major Banpu aims for 6-fold solar growth with Aussie deal

Banpu, Thailand’s largest coal company, has moved to acquire two solar farms in Australia as it seeks to boost capacity in this field of renewable energy roughly sixfold by 2025.Banpu announced Tuesday the 97.5 million Australian dollar ($75.4 million) purchase of the power stations with ...

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