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Feed in Tariff grid-connected renewable energy technologies promotion in Thailand Presented by Dr. Prasert Sinsukprasert Director of Planning Division.

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Presentation on theme: "Feed in Tariff grid-connected renewable energy technologies promotion in Thailand Presented by Dr. Prasert Sinsukprasert Director of Planning Division."— Presentation transcript:

1 Feed in Tariff grid-connected renewable energy technologies promotion in Thailand Presented by Dr. Prasert Sinsukprasert Director of Planning Division 20 November 2012

2 2 AgendaAgenda Thais Power Generation Overview Renewable Energy Policy Renewable Energy Situation in Thailand Thais Feed-in Tariff Program (Adder)

3 World Fuel Mix in Power Generation Source: The Institute of Energy Economics, Japan 3

4 Power Generation in Total 162,343 GWH

5 Policy Statement of Prime Minister Yingluck Shinawatra to the National Assembly, Tuesday 23 August 2011 Renewable Energy Policy Energy sources and types will also be diversified so that Thailand will be able to meet its energy needs from a variety of sustainable energy sources Support the production, use, research and development of renewable and alternative energy sources, with the objective of replacing 25% of the energy generated by fossil fuels within the next decade Thais Government Energy Policy 5

6 Renewable Energy Policy

7 7 Low-Interest Loan: Revolving FundVenture Capital: ESCO FundTax Incentives: BOI privilegeFeed-in tariff: ADDER Financial Mechanism in support of RE

8 8 IRR % Production cost IRR % Adder Electricity price Adder rates vary, depending on the technology used. Support duration: 7 yrs from COD (10 yrs for solar and wind projects). Consumers pay in the form of Ft. Adder rates vary, depending on the technology used. Support duration: 7 yrs from COD (10 yrs for solar and wind projects). Consumers pay in the form of Ft. Base tariff regulation + automatic tariff adjustment mechanism (Ft) Adder program

9 Adder measure approved by the NEPC 2007 Adder provision implemented by utilities Adder rate for wind power projects increased and support period for wind & solar power projects extended (10 yrs) 2009 Adder rates adjusted to promote very small-scale generation Some rules ®ulations adjusted (bid bond, dispatch and rooftop solar) 2010 Adder rate for (new) solar power projects was reduced The suspension of power purchase from solar power projects was approved by the NEPC. Feed-in Tariff research in progress Adder Provision -- Evolution

10 10 Adder Rate

11 Renewable Energy Situation in Thailand

12 Renewable Energy Target Development Energy/Fuel REDP Target in 2022 (MW) AEDP Target in 2021 (MW) Solar5002,000 Wind8001,200 Hydro Power3241,608 Biomass37003,630 Biogas MSW160 New energy33 Total5,6079, Approved in Jan 2009 RE Target: 20% in 2022 Electricity Target: 5,608 MW REDP Approved in Dec 2011 RE Target: 25% in 2021 Electricity Target: 9,201 MW AEDP

13 13 Power Purchased from Renewable Energy As of August 2012 CODCOD

14 14 Renewable Energy selling to the grid

15 Thais Feed-in Tariff Program (Adder) 15

16 16 3. Study on impact of RE promotion System reliability, environmental impact, Ft Impact, etc. 3. Study on impact of RE promotion System reliability, environmental impact, Ft Impact, etc. Future prospects 1.Adder provision Existing proposed project continually receive adder till the subsidy duration 1.Adder provision Existing proposed project continually receive adder till the subsidy duration 2. RE Project Screening Committee To oversee, support and accelerate the consideration of power purchase from RE in order to meet with the national RE target 2. RE Project Screening Committee To oversee, support and accelerate the consideration of power purchase from RE in order to meet with the national RE target Feed-in Tariff Implementation

17 Thank you for your kind attention


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