feed in tariff grid-connected renewable energy technologies promotion in thailand presented by dr....
TRANSCRIPT
Feed in Tariff grid-connected renewable energy technologies
promotion in ThailandPresented by Dr. Prasert Sinsukprasert
Director of Planning Division
20 November 2012
2
Agenda
• Thai’s Power Generation Overview
• Renewable Energy Policy
• Renewable Energy Situation in Thailand
• Thai’s Feed-in Tariff Program (Adder)
0
10
20
30
40
50
60
70
World ASEAN Thailand
GasCoalOilRenewHydroGeothermalNuclear
World Fuel Mix in Power Generation
Source: The Institute of Energy Economics, Japan 3
Power Generation in 2011
4Total 162,343
GWH
Policy Statement of Prime Minister Yingluck Shinawatra to the National Assembly, Tuesday 23 August 2011
Renewable Energy Policy
“ Energy sources and types will also be diversified so that Thailand will be able to meet its energy needs from a variety of sustainable energy sources ”
“ Support the production, use, research and development of renewable and alternative energy sources, with the objective of replacing 25% of the energy generated by fossil fuels within the next decade ”
Thai’s Government Energy Policy
5
Renewable Energy Policy
7
Low-Interest Loan: Revolving Fund
Venture Capital: ESCO Fund
Tax Incentives: BOI privilege
Feed-in tariff: ADDER
Financial Mechanism in support of RE
8
IRR %
Production cost
IRR %
Adder
Electricity price
•Adder rates vary, depending on the technology used.• Support duration: 7 yrs
from COD (10 yrs for solar and wind projects).• Consumers pay in the
form of Ft.
Base tariff regulation + automatic tariff adjustment mechanism (Ft)
Adder program
9
2006 • Adder measure approved by the NEPC
2007• Adder provision implemented by utilities• Adder rate for wind power projects increased
and support period for wind & solar power projects extended (10 yrs)
2009• Adder rates adjusted to promote very small-
scale generation• Some rules ®ulations adjusted (bid bond,
dispatch and rooftop solar)
2010• Adder rate for (new) solar power projects was
reduced • The suspension of power purchase from solar
power projects was approved by the NEPC.• “Feed-in Tariff” research in progress
“Adder” Provision -- Evolution
10
Adder Rate
Renewable Energy Situation in Thailand
Renewable Energy Target Development
Energy/Fuel REDP
Target in 2022 (MW)
AEDP Target in 2021
(MW)Solar 500 2,000Wind 800 1,200Hydro Power 324 1,608Biomass 3700 3,630Biogas 120 600MSW 160 160New energy 3 3
Total 5,607 9,201
12
• Approved in Jan 2009• RE Target: 20% in 2022• Electricity Target: 5,608 MW
REDP
• Approved in Dec 2011• RE Target: 25% in 2021• Electricity Target: 9,201 MW
AEDP
13
Power Purchased from Renewable Energy
As of August 2012
COD
14
Renewable Energy selling to the grid
Thai’s Feed-in Tariff Program (Adder)
15
16
3. Study on impact of RE promotion
System reliability, environmental impact, Ft Impact, etc.
Future prospects
1. Adder provision
Existing proposed project continually receive
adder till the subsidy duration
2. RE Project Screening Committee
To oversee, support and accelerate the consideration of power purchase from RE in order to meet with the national RE target
Feed-in Tariff Implementation
Thank you for your kind attention