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Electricity may exceed ฿4 per unit next year

Electricity may exceed ฿4 per unit next year

23 Sept 03:49 Key points summarised by AI
  • Thailand's electricity price is projected to exceed ฿4 per unit next year, primarily due to escalating global conflicts and a weakening baht currency.
  • Global crude oil and natural gas prices, influenced by the Israel-Hamas and Ukraine wars, directly impact Thailand's electricity generation costs, as the nation heavily relies on natural gas.
  • A potential shortfall in domestic natural gas production could necessitate importing more expensive liquefied natural gas (LNG), further increasing generation costs and pushing the retail price over ฿4 per unit.
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