Mr Prasertsak Choengchawano Deputy Governor of Strategy as SpokespersonElectricity Generating Authority of Thailand (EGAT) He revealed, according to some media reports, that the news indicated that EGAT monopolyThai electrical industry The profit from selling electricity is higher than the profit of large power plants in the country.the stock market 12 cases combined EGAT I would like to clarify that such statements are baseless. Since the electricity generation capacity of EGAT in October 2022 has a total contract capacity of 16,920.32 megawatts (MW), which accounts for 34.44% of the contract capacity in the power system. In addition, according to Thailand’s power development plan 2018-2037 In the 1st amendment in 2037, EGAT will only have 18,614 MW of contracted power capacity, accounting for 24%.
anyway EGAT The main mission is the most important Overseeing the stability of the country’s power system As in the past, EGAT power plants have played an important role in bringing the power system back to normal (Blackout Recovery Plan), such as the blackout event in 2018 and caused by the closure of Hongsa Power Plant, etc., including It is also an important mechanism for the state to drive the policy onenergy economyIt is very important to take care of people to have sufficient and stable electricity, such as during the country’s energy crisis during the last 2 years. EGAT changed the fuel used for electricity generation in EGAT power plants to use oil-based fuels, such as diesel and fuel oil, instead of high-priced LNGMoh Power PlantThe 4th machine returns to generate electricity. And delay the decommissioning of Mae Moh Power Plant Unit 8 until December 31, 2025 because Mae Moh Power Plant uses domestic coal, which is a cheap fuel, to help support electricity costs. Reduce the cost of living of the people
electrical transmission system EGAT Care still needs to be taken to ensure the stability of electricity distribution throughout the country. This leads to flexibility in managing power purchase agreements and ordering power plants of the National Electricity Generating Authority of Thailand, which must comply with the Electricity Generating Authority of Thailand Act.energy issues2007 to execute the orderrun the power plantfairly and without discrimination
When it comes to purchasing electricity from private power producers, EGAT is only a person who complies with the policies set by the government. The electricity tariff that EGAT buys from the private sector and sells to the Electricity Distributor must be approved by the Electricity Authority.Energy Regulatory Commission (ERC)
The issue he says EGAT There is more profit from selling electricity than the 12 major power plant operators on the stock exchange combined, which is incorrect information. The operating profit is about 59,000 million baht raised by the media. The gross profit includes the sale of other goods and services and has not fully deducted the cost. In 2021, EGAT only had a net profit of 25,771 million baht and paid revenue to the state in the amount of 17,426 million baht or 57 % of the profit for the rest of the profit will be invested in the power system linked to the production and transmission of the country’s electricity to ensure energy security in order to reduce costgovernment
Regarding EGAT’s retained earnings, the amount of 396 billion baht shown in the statement of financial position is not cash. It is only a cumulative representation of the value of the asset. EGAT Use the remaining profit from sending to the Ministry of Finance every year to invest in assets used to generate and send electricity to the people, such as power plants, power transmission stations, power transmission lines since the establishment of the business in 1969 – cannot 2021 Such retained earnings can be used to help with electricity bills.
“EGAT realize that EGAT Being a state-owned enterprise, it does not aim to profit from its operations. EGAT’s electricity price and profit are regulated by ERC to have sufficient income for investment and business management only Including having to submit to the Ministry of Finance as national income to be used to develop other countries. During the energy crisis facing difficulties, EGAT is not quiet. And collaborate with all sectors to reduce the cost of electricity production with full force to ease the burden of the people.
