Asia’s energy reserves under pressure as ‘2026 energy shock’ takes hold | Newsbase

Contd: "🇹🇭 #PPA contains another #guarantee mechanism known as #takeorpay. #Egat is obliged to buy #electricity fr #powerplants even tho 🇹🇭 has too much #energyreserves in the #nationalgrid.. w generous PPAs, profits of pwr plants rise sustainably while those of Egat move in e opposite direction.. #IEA recs alternative #powermarket mechanisms.. generous financial obligations such as Ft & purchase-guaranteed clauses, like e AP & take-or-pay clauses, must be removed, if not reduced" #GoodGovernance
#BangkokPost #Editorial
"The ( #energy) ministry has been evasive abt unfair contracts w energy producers, especially in relation to #availabilitypayment (AP) costs .. AP was created as a guaranteed incentive for investors to build projects so #Thailand would be spared fr long-term #power shortages. But without #accountability & public scrutiny, it's massively abused, resulting in #excessive #energyreserves. The AP payment is passed on to consumers thru Ft or fuel tariff"
https://www.bangkokpost.com/opinion/opinion/2640213/energy-price-challenge
Energy price challenge

Evidently well aware of public disapproval of his cabinet line-up and that there is no honeymoon period, Prime Minister Srettha Thavisin has prioritised energy price reduction out of the hope for greater popularity.

https://www.bangkokpost.com
Energy bills in Canada not expected to fall much in 2023. Maybe that’s a good thing, experts say

Energy prices in Europe have fallen as fears of a crisis 'fuel' energy conservation and reform. But experts say that won't likely mean a sustained drop in energy prices in Canada.

Global News

#Wikipedia shown to be a pro-#regimeChange outfit for #propagandists:
https://thegrayzone.com/tag/wikipedia

Just more evidence that the #clearNet/#legacyNet is in its last days.

Given the extreme #moneyPrinting by #corporatists over past months it wouldn't surprise us if some of the "#COVIDrelief" is for #manipulating #narratives to #engineerConsent for #oilWars.

#Fracking was a sham and so the US will do anything possible to get unfettered access to real #energyReserves.

#oil #theGrayZone

wikipedia Archives | The Grayzone