After much buzz and anticipation in the Thai energy industry, the Energy Regulatory Commission has finally published (i) the official Regulations for Purchasing Electricity from Renewable Energy Sources under a Feed-in-Tariff Scheme between 2022-2030 for Power Plants with No Fuel Costs on 27 September 2022, and (ii) the official Invitation Notifications for Purchasing Electricity from Renewable Energy Sources under a Feed-in-Tariff Scheme between 2022-2030 for Power Plants with No Fuel Costs, specifying the bidding process and timeline of each type of renewable power plant on 30 September 2022. In keeping with Thailand’s commitment to increase renewable energy’s share in the country’s overall power mix to at least 50% by 2050 and achieve carbon neutrality and net-zero greenhouse gas emissions by 2050 and 2065, respectively, the government will be accepting bids in November to purchase power generated from renewable energy sources in the years between 2024 to 2030.
Sawanee A. SethsathiraBrowsing
Sawanee A. Sethsathira is the head of Bangkok's Energy, Mining and Infrastructure Group and Projects Practice and brings to the team more than 35 years of leadership, client dedication, and extensive experience in the project development and finance of energy and infrastructure projects in Thailand. She is the go-to partner for all complex energy projects, PPP and infrastructure project issues throughout the project life-cycle, and is especially known for her adept negotiating skills and dealing with government authorities. She is the architect of innovative structuring and the think-tank in dealing with complex projects and legal issues. With Baker McKenzie since 1983 and a partner since 1989, Ms. Sethsathira has acquired in-depth knowledge from advising on numerous large-scale, first-of-its-kind power, O&G, petrochemical and infrastructure projects in Thailand. She previously practiced in the Firm’s Sydney and Melbourne offices. She is also a visiting lecturer for commercial lending law at the Chulalongkorn University Faculty of Law.