Thailand energy storage power station cooperation model

Why is power system flexibility important in Thailand?

With the growing share of renewable energy and emerging technologies, establishing and maintaining adequate flexibility is an important part of Thailand’s power system development and modernisation, and the country’s clean energy transition. Power system flexibility is crucial for ensuring security of supply.

What are Thailand's New Power Development Plan (PDP 2018 revision 1) scenarios?

These scenarios build on the current plan, which aligns with Thailand’s latest Power Development Plan (PDP 2018 Revision 1). The scenarios consider the share of VRE according to the PDP (4% in 2025 and 6% in 2030), and the progressive VRE scenarios (6% in 2025 and 15% in 2030) to explore the value of the options under different annual VRE uptakes.

Does Thailand have an enhanced single-buyer system?

Thailand has an enhanced single-buyer system, which means that the vertically integrated utility buys power from both its own generation assets and from independent power producers. This study is conducted in the context of the enhanced single-buyer system, and identifies contractual flexibility within this scope.

How are independent power producers contracted in Thailand?

In Thailand many independent power producers are contracted through physical power purchase agreements that have minimum-take obligations, defined as the minimum generation EGAT is contractually obligated to buy.

Can market reform increase flexibility in Thailand?

This study was conducted in the context of the current “enhanced single-buyer model”, which is used in Thailand. While market reform can be a highly effective option to increase flexibility, it is outside of scope of this study.