Energy Efficiency Obligations for Electricity Utilities Economics and Policy

From the increasing of energy demands in Thailand, it has more effects to the future, for example, energy supply security, increasing energy costs, dependency on energy imports as well as increasing pollution and carbon dioxide (CO 2 ) emissions.Consequently, Thai government established 20 years plan which is Energy Efficiency Development Plan (EEDP) to reduce 25% of energy intensity in 2030 compared to 2005, this is equivalent to reduce 20% of final energy consumption in 2030.In order to support this plan, the benefits of implemented EEDP were analyzed by this paper.However, the analysis is only focused on the benefits from reducing electricity demands in term of saving costs and this paper showed only saving costs from 2014 to 2018.Under assumption, EEDP is aimed to reduce 1% of electricity demands in every year.As a result, it is estimated to reduce 48,699.37GWh in 2030, this is equivalent about 60% from EEDP target of electricity use and the results from available data also showed that it can be create saving costs from 2014 to 2018 about 205,027.59Million Bath.