A surge in the global trend of electric vehicles (EVs) usage has been highlighted by Poonphong Naiyanaphakorn, the director of the Trade Policy and Strategy Office.

The warning was issued by Wattanapong Kurovat, director-general of the Energy Policy and Planning Office. He said his office had received complaints that the marketing cost collected by fuel retailers was too high, leading to increase in gasohol prices despite the government cutting excise tax.

Consumer advocacy groups have opposed the proposed increase in electricity tariffs and have asked the Energy Regulatory Commission (ERC) to review all data used to calculate the Fuel Adjustment Charge (Ft) to ensure fairness to the public.

The Srettha Thavisin cabinet quickly approved a plan to reduce the power tariff at its first meeting earlier this month in a bid to reduce electricity bills.

Gulf Energy Development Plc and China Datang Overseas Investment Co (CDTO), a state-owned subsidiary of an energy company on the mainland, have entered into a tariff memorandum of understanding (MoU) with the Electricity Generating Authority of Thailand (Egat) to develop the Pak Beng hydroelectric power project.

Chinese automakers are vying for a piece of Thailand’s EV market, a move underpinned by the country’s industrial advantages, climate conditions, and cultural backdrop.

Office of the Energy Regulatory Commission (OERC) will have to wait for the new government to decide whether electricity rates can be cut to Bt4.25 per unit, as requested by the Joint Standing Committee on Commerce, Industry and Banking, said Komkrit Tantravanich, secretary-general of the office, today (Tuesday).

The Thai Cabinet today gave initial approval for a 2.5 baht per litre reduction in the price of gasohol 91 for three months, likely to start from October 31, as stated by the Thailand Energy Minister.

LITTLETON, Colorado, Oct 25 (Reuters) – Thailand has jumped from eleventh to eighth in the world ranking for imports of liquefied natural gas (LNG), after purchases through October soared 25% from the same period in 2022.

SINGAPORE, Oct. 12 (Xinhua) — Thai Prime Minister Srettha Thavisin was on an official visit to Singapore on Thursday and met separately with Singaporean President Tharman Shanmugaratnam and Prime Minister Lee Hsien Loong, according to a statement by the Singaporean Foreign Ministry.