Key Policies in the Thai Power Sector: Integration and Competition
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Creator Thiraphong Vikitset
Title Key Policies in the Thai Power Sector: Integration and Competition
Contributor Vichit Lorchirachoonkul
Publisher Faculty of Economics, Chulalongkorn University
Publication Year 2560
Journal Title Southeast Asian Journal of Economics
Journal Vol. 5
Journal No. 2
Page no. 85-114
Keyword Horizontal and vertical integration, power sector, competition, independent power producers, system operator, purchase power agreement
URL Website http://www.econ.chula.ac.th/public/publication/journal/sajehome.php
Website title Southeast Asian Journal of Economics
ISSN 2465-5120
Abstract This paper discusses the issues of horizontal integration, vertical integration and competition in the Thai power sector. Given the integration structure of the Thai power sector, competition that results in some unbundling of the assets in the power sector raises an interesting question of whether the anticipated gains from competition outweighs the losses in cost savings from the integration structure. This paper argues that competition in the Thai power sector resulted in increases in costs of the power supply due to the nature of the power purchase agreement and suggests alternative policy options to reduce the costs of the power supply.
Southeast Asian Journal of Economics

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