Energy Industry Act BE 2550, 2007 (Thailand)
The objectives of the Energy Industry Act are to:
- Promote adequate and secure energy service provision, while maintaining fairness for both energy consumers and licensees.
- Protect energy consumers’ benefits in terms of both tariffs and service quality.
- Promote competition in the energy industry and prevent abusive use of dominance in the energy industry operation.
- Promote fairness and transparency of the service provision of the energy network systems, without unjust discrimination.
- Promote the efficient energy industry operation and ensure fairness for both licensees and energy consumers.
- Protect the rights and liberty of the energy consumers, local communities, general public and licensees in terms of participation, accessibility, utilization and management of energy under the criteria that are fair for stakeholders.
- Promote economical and efficient use of energy and resources in the energy industry operation, with due consideration of the environmental impact and the balance of natural resources.
- Promote the use renewable energy that has less adverse impact on the environment in the electricity industry operation.
The Act established the Energy Regulatory Commission, the regulatory body for the energy industry, which is intended to prevent abuse of power and protect energy consumers.