Electricity capacity expansion in Thailand: An analysis of gas dependence and fuel import reliance
Thanawat Nakawiro,
Subhes C. Bhattacharyya and
Bundit Limmeechokchai
Energy, 2008, vol. 33, issue 5, 712-723
Abstract:
Electricity generation in Thailand is highly dependant on natural gas. Recent research has revealed that the Thai economy would become more vulnerable from high gas dependence in the power sector. This paper aims to assess the economic impact of gas dependence in power generation in the coming decades. To fulfil this objective, two scenarios of electricity capacity planning were developed and the results were analysed to understand the changes in gas dependence and the effects on import reliance. It is found that from 2011 to 2025, the average cost of natural gas for power generation will account for 2.41% of gross domestic product (GDP) while high oil price in international energy markets would push this cost to 2.97% of GDP. In addition, reliance on fuel imports for power generation, particularly natural gas and coal, is going to be another crucial concern to the security of energy supply as the costs of these imports during the planning horizon will increase significantly at an average rate of 6.78% per year.
Keywords: Natural gas dependence; Vulnerability; Thailand (search for similar items in EconPapers)
Date: 2008
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (19)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0360544207002241
Full text for ScienceDirect subscribers only
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:33:y:2008:i:5:p:712-723
DOI: 10.1016/j.energy.2007.12.005
Access Statistics for this article
Energy is currently edited by Henrik Lund and Mark J. Kaiser
More articles in Energy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().