Monday, September 20, 2021

business

SET, Egat sign MoU to study Thailand’s potential in wholesale of electricity


The Stock Exchange of Thailand (SET) and the Electricity Generating Authority of Thailand (Egat) signed a second memorandum of understanding (MoU) on Tuesday to jointly study Thailand’s potential to establish a wholesale electricity market.

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The study, which will take six months, will focus on the trend of electricity business, appropriate format of electricity trading market in Thailand and the role financial markets play in the electricity business.

Patana Sangsriroujana, Egat deputy governor for strategy, said the agency saw an opportunity in the wholesale electricity market, and that initially, it will set up a day-ahead market and an intraday market.

Egat will also draw up electricity trading rules for markets, while SEC will advise it on the development of a trading system.

The first MoU was signed in September last year.

Published : September 29, 2020

By : The Nation