Energy Conservation Promotion Act (No. 2), 2007 (Thailand)

The Energy Conservation Promotion Act (No. 2) of 2007 amends the law of the same title enacted in 1992. The 2007 Act replaces the references to the Science, Technology and Energy Minister with the Minister of Energy. It also adds, among the subjects upon which Ministerial Regulations may be issued, the establishment of energy efficiency standards of machinery or equipment, and the requirement for manufacturers and distributors of machinery to illustrate the level of energy efficiency. It additionally provides that if the Industrial Product Standards Council deems it appropriate to designate any industrial product standards or any industrial products to comply with the energy efficiency standards stipulated in the Ministerial Regulations issued under this Section, the Thai Industrial Standards Institute shall take action pursuant to the law on industrial product standards. It also replaces the "Fund for Promotion of Energy Conservation" under the Ministry of Finance with the "Energy Conservation Promotion Fund" under the Ministry of Energy, as the fund to be used for working capital, grants or subsidies for the implementation of energy conservation-related work.