PTT

Mr Komkrit Tantravanich Secretary General of the Energy Regulatory Commission (ERC)
likeERC spokesperson It has been revealed that sinceNational Energy Policy Council (NEPC) decided to approve the management approachnatural gasto reduce the burden of electricity bills duringenergy price crisisJanuary – April 2023 allowing for the allocation of natural gas from the Gulf of Thailand behind the gas separation plant. To be used first in the production of electricity for domestic users. in the amount that does not increase the electricity tariff charge from the current by commissioning the ERC to calculate the tariffFt Value (Ft) for domestic electricity utilities From the electricity bill for the month of January – April 2023

and give PTT Limited liability company with Electricity Generation Authority of Thailand (EGAT) Manage the impact of natural gas prices on your electricity bills PTT charge natural gas prices for power plants of EGT Independent Energy Producers (IPPs) and Small Energy Producers (SPPs) at the same price level used to estimate electricity costs according to the Ft tariff adjustment formula from the month of NEPC extension solved onwards and taking the difference in the prices of natural gas that actually occurred with the aforementioned price of natural gas will be progressively collected in the calculationft. value next round” and was notified of this termination to the ERC on 7 December 2022.

however ERC extension Therefore, it is necessary to improve the guideline for calculating the Ft for the January-April period. 2023 which has already felt in line with the aforementioned resolution. The improvement is 1. Come on PTT Revise natural gas price estimates to be in line with consensus NEPC extension and the Ministry of Energy guidelines for the management of fuels for electricity generation, such as increasing the use of diesel and fuel oil to replace LNG imports, increasing the amount of gas in the Gulf of Thailand for the production of electricity reducing the amount of gas in the Gulf of Thailand enters the gas separation plant and then sent to produce electricity to replace the natural gas reduction in Myanmar, improving import price assumptions LNG point On the basis of a better trend and manage the Mae Moh power plant, unit 4, which has been withdrawn if necessary, etc.

As a result, the estimated price of Pool Gas was reduced from 552 baht per million BTU to 493 baht per million BTU. Subsequently, it was calculated by dividing the natural gas in the Gulf of Thailand behind the separation plant. to produce electricity for the first home to be inhabited Makes homes able to use gas at the price of 238 baht per million BTU. and allocate the remainder of the natural gas in the Gulf of Thailand plus Union of Myanmar gas and LNG for other gas users (Remaining Pool Gas) at a price of 542 baht per million BTU.

2. give EGT Adjust the fuel price assumptions according to the Ministry of Energy’s Power Generation Fuel Management Guidelines and NEPC resolution by adjusting the Ft calculation using natural gas from the Gulf of Thailand priced at 238 baht per million BTU instead of original natural gas price For the calculation of Ft in the residential group and use the remaining natural gas price (Pool Gas) priced at 542 baht per million BTU as the substitute price.natural gasOriginally to charge Ft for other types of electricity users.

3. ERC extension Considering the financial burden of EGAT and the debt accumulated to gradually repay the outstanding Ft debt in order not to burden EGAT’s liquidity problems and not cause an undue burden on energy consumers by EGAT, I would like to propose the average amount of debt as of August 2022, amounting to 122,257 million baht, on average for 2 years.

Thus, accordingly, the Ft for January-April 2023 for residential electricity consumers at the rate of 93.43 satang per unit. As a result, electricity costs remain the same at 4.72 baht per unit, while other types of electricity users at 190.44 satang per unit. As a result, the average electricity rate was 5.69 baht per unit.

hypothesis andfuel managementdthat PTT and EGAT improved according to infection management guidelinesfire ofministry of powerWorking foraccording to management guidelinesreduce natural gas production to reduce the cost burdenelectricity during the energy price crisis in January. – April 2023 according to resolution NEPC extension as follows

source fromministry of energy said whengas in the gulf of thailandwhich has a low cost and is insufficient for the whole country NEPC extension wants to help experienced home users first therefore bringing this energy source to the general public to use first As a result, industrial users will have to pay higher costs for electricity and it is therefore important to reduce costs. Saving energy will help businesses survive.