A Study of Appropriate Model of Unit Cost for Electricity Generation in Thailand

Abstract

Today Thailand has been facing the energy problems due to the limited sources of natural energy. Meanwhile, the power consumption has been growing constantly and the tendency of consumption increases each year. Therefore, to solve these energy problems, especially in electricity-generating power which have been demanded throughout the country, the National Economic and Social Advisory Council had a resolution to submit the Cabinet the comments on nuclear-electricity generation, and proposed the government for approval on August 24, 2003. The government assigned the National Energy Commission’s policy to set out the electricity production plan by nuclear power plant, requiring that the power house during 2020-2021 will be established. The Electricity Generation Authority of Thailand (EGAT) has executed “the Power Development Plan 2007”, established the many sets of committees to accommodate the plan and carried out surveying for dominant information, for examples, parameters and variables, issues of resulting effect, and economic expansion so that these would be summarized and submitted to the government under the production plan procedure set out by EGAT. According to the production plan for future energy reserves, the new power houses have been established. To accommodate the economic expansion, some potential factors needed to be taken into consideration included fuel supplied and low cost. Previous researches demonstrated that nuclear power plant was lowest on cost. In present study, the appropriate model of unit cost for electricity generation in Thailand was examined. The equation was described below;....