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dc.contributor.advisorAdis Israngkurath
dc.contributor.authorKaesinee Tharisungth
dc.date.accessioned2021-03-24T09:19:37Z
dc.date.available2021-03-24T09:19:37Z
dc.date.issued2019th
dc.identifier.otherb210884th
dc.identifier.urihttps://repository.nida.ac.th/handle/662723737/5161th
dc.descriptionThesis (M.E.)--National Institute of Development Administration, 2019th
dc.description.abstractThis research aims to estimate the economic loss from the Feed-in Tariff (FiT) policy and also proposes an appropriate purchase price for each energy source in power generation. The study employs data from IRENA, IEA, IPCC, EIA, EGAT, EPPO, ERC, CEIC, the World Bank, and the Bureau of Trade and Economic Indices from the first quarter of 1993 through the first quarter of 2019. Before determining an appropriate purchase price, a demand and supply curve is created by using the Seemingly Unrelated Regression (SUR) method and investigating the Marginal Environmental Cost (MEC) to assess the economic loss under the FiT policy. Findings from the SUR estimate shows that the supply of each energy source does not respond to the purchase price, except in the case of natural gas. Increases in the purchase price of natural gas increase the quantity used to produce electricity using natural gas at a significance level of 1 percent. The FiT policy is found to create economic losses that come from (1) the expenditure loss, (2) the externalities loss, and (3) the quantity constraint loss, amounting to a total economic loss of THB2,608.39 billion per year. Thus, three different electricity purchase price policy models are proposed: (1) a revenue generation electricity FiT scheme, (2) a balanced budget FiT scheme, and (3) a deficit financing FiT scheme. All of these follow the law of one price and take externalities into account. Results show that this can save government expenditure up to THB926.41 billion per year and generate government revenue equal to THB352.98 billion per year. Therefore, the government should set the electricity purchase price by following the law of one price, which also reflects the full-cost pricing of power generation, and in the long term, the government should let the price and quantity follow market mechanisms.th
dc.description.provenanceMade available in DSpace on 2021-03-24T09:19:37Z (GMT). No. of bitstreams: 2 6010311002.pdf: 5004942 bytes, checksum: 0ea03fc645b1a030ea8886f99b6d20f6 (MD5) license.txt: 115 bytes, checksum: 2047cfd32b272b6ffc853575a013e11b (MD5) Previous issue date: 6th
dc.format.extent141 leavesth
dc.format.mimetypeapplication/pdfth
dc.language.isoength
dc.publisherNational Institute of Development Administrationth
dc.rightsThis work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.th
dc.subjecte-Thesisth
dc.subject.otherTariff on electricity -- Thailandth
dc.subject.otherElectric power production -- Thailandth
dc.subject.otherElectric utilities -- Coststh
dc.subject.otherEnergy policyth
dc.subject.otherElectricity -- Prices -- Thailandth
dc.titleAn economic evaluation of electricity feed-in-tariff in Thailandth
dc.typeTextth
mods.genreThesisth
mods.physicalLocationสถาบันบัณฑิตพัฒนบริหารศาสตร์. สำนักบรรณสารการพัฒนาth
thesis.degree.nameMaster of Economicsth
thesis.degree.levelMaster'sth
thesis.degree.grantorNational Institute of Development Administrationth
thesis.degree.departmentSchool of Development Economicsth


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