Green levy to target carbon neutrality
The Energy Regulatory Commission (ERC) is working on a “green tariff” that will determine the price of power bills for factory owners that need to use clean energy to achieve carbon neutrality.
Carbon neutrality means striking a balance between carbon dioxide emissions and absorption.
Details for tariff rates, which depend on types of renewable energy, are expected in April after the ERC announces the investors selected to join its 5,200-megawatt renewable scheme, said Khomgrich Tantravanich, secretary-general of the commission.
The announcement of the investors’ names is scheduled for March.
The 5,200MW capacity is projected to come from four renewable sources: bio-gas (335MW), wind power (1,500MW), on-ground solar farms (2,368MW), and on-ground solar farms with energy storage systems…