This report launch event, organised in collaboration with Electricity Generating Authority of Thailand (EGAT), is intended to share the key findings of the IEA report on Thailand Power System Flexibility Study and recommendations on enhancing power system flexibility. This study examines flexibility from the technical and contractual aspect, and their interactions, under the current context of Thailand’s power system. For technical flexibility, the report analyses the flexibility requirements and the value of technical flexibility options, including power plants, pumped storage hydro and battery energy storage systems. For contractual flexibility, the report analyses the impacts of existing power purchase agreement and fuel supply contract structures on system flexibility. This report provides recommendations for the system to be able to use the full range of flexibility options in the most cost-effective and secure way.
The IEA’s role as a co-organiser of this event is facilitated through IEA’s Clean Energy Transitions in Emerging Economies programme, which has received funding from the European Union’s Horizon 2020 research and innovation programme under grant agreement No 952363.