Thailand is unlikely to face the shortages of electricity being experienced in Vietnam and Sri Lanka, the Energy Ministry said on Saturday in an attempt to allay fears that the problem could spread to Thailand as well.
The Federation of Thai Industries (FTI) expects Thailand's car exports to miss the target of 1 million units this year amid growing concerns over a raw material shortage and surging prices, driven by the Russia-Ukraine war.
The upsurge in global oil prices following the Russia-Ukraine war is expected to cause the power tariff, used to calculate electricity bills, to rise to a record high above 4 baht per kilowatt-hour (unit) for the first time, says the Energy Regulatory Commission (ERC).
ERC seeks extra 200MW of biomass power bangkokpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bangkokpost.com Daily Mail and Mail on Sunday newspapers.
The government is looking for additional sources of funding to finance its energy subsidies, as its financial assistance is running low while global oil prices are approaching US$100 a barrel.