NEPC to meet on 15 Dec to consider a change to renewable energy payment mechanism

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BANGKOK, 5 December 2014  The National Energy Policy Council (NEPC) chaired by Prime Minister Prayut Chan-o-cha is scheduled to hold a meeting on 15th December 2014 to discuss a possibility of changing the renewable energy payment mechanism from Adder rates to Feed-In Tariff scheme, known as FIT.

Permanent Secretary for Energy Areepong Bhoocha-oom revealed the change is still under consideration if it is the most appropriate scheme for Thailand.

Apart from the FIT issue, the meeting will also discuss the progress of the drafting of the long-term Power Development Plan (PDP). The 20-year plan is expected to be completed next year, with the final public hearing to be conducted in February 2015.

Also, the ministry has set a goal to step up power generation from solid waste, by producing up to 600 megawatts of electricity, instead of less than 100 megawatts at present, said Mr. Areepong.

Moreover, the ministry will encourage the use of renewable energy in Thailand to no less than 25%. If successful, the measures will result in smaller proportion of energy imports and less dependence on domestic energy sources.

However, he said, all the measures will be launched carefully in order to prevent adverse impacts on electricity bills among householders.