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Tuesday, May 14, 2024

Thailand’s green utility tariff implementation faces SME hurdles

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The Energy Regulatory Commission (ERC) of Thailand has estimated a two-year time frame for full implementation of the recently launched green utility tariff (GUT). This tariff, aimed at regulating renewable power prices, is a significant leap towards the global pushback on carbon-intensive manufacturing. However, businesses, particularly small and medium-sized enterprises, and some state entities have expressed unpreparedness to adopt the GUT.

A public hearing on the GUT revealed that while larger corporations recognise its importance, they are not entirely prepared for its implementation. This information was disclosed by the ERC secretary-general, Khomgrich Tantravanich, who was referencing findings from the public consultation involving over 4,000 participants, reported Bangkok Post.

Conversely, businesses in the information technology and big data…

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