BANGKOK,(NNT) – The Ministry of Energy has estimated that power requirements this summer will rise to 32,000 Mega Watts (MW) while the April-August FT rate will increase by 20 Satang due to the introduction of more alternative energy.
Ministry of Energy authorities expect peak power consumption in the nation to take place between April and May with the high projected to be 32,059 MW, up 3.5 percent from the same period last year. Closure of a natural gas pipeline from Myanmar for maintenance in early April will cut supplies by 6,400 MW but alternative sources have been readied.
Increased usage of alternative energy sources is also expected to increase the nation’s FT rate for power by 20 Satang per unit with further increases likely due to the price of natural gas on the global market.
In response to solar farms demanding that state purchase of their power return to 5.66 baht per unit, energy ministry officials have said lowering production costs for solar power have made 4.12 baht per unit the suitable price.