IDEAS home Printed from https://ideas.repec.org/a/eee/enepol/v44y2012icp185-198.html
   My bibliography  Save this article

Regulation and competition issues in Thai electricity sector

Author

Listed:
  • Wisuttisak, Pornchai

Abstract

This paper explores the issues related to regulatory reform and liberalisation leading toward competition in the Thai electricity sector, which is still under the monopoly control of state-owned enterprises (SOEs). Following an overview of the current market structure of the Thai electricity sector, the process of liberalisation and deregulation that contributes to the uncompetitive market structure under SOEs’ control is examined. The author asserts that there are problems within the Energy Commission and the Energy Industry Act BE 2550 (2007) that contribute to the continuance of an uncompetitive electricity supply. Possible reforms to the Thai electricity regulation are proposed with the aim of creating market competition and efficiency in the Thai electricity sector.

Suggested Citation

  • Wisuttisak, Pornchai, 2012. "Regulation and competition issues in Thai electricity sector," Energy Policy, Elsevier, vol. 44(C), pages 185-198.
    • Handle: RePEc:eee:enepol:v:44:y:2012:i:c:p:185-198
    DOI: 10.1016/j.enpol.2012.01.038
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S030142151200064X
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.enpol.2012.01.038?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Al-Sunaidy, A. & Green, R., 2006. "Electricity deregulation in OECD (Organization for Economic Cooperation and Development) countries," Energy, Elsevier, vol. 31(6), pages 769-787.
    2. Dennis W. Carlton & Randal C. Picker, 2014. "Antitrust and Regulation," NBER Chapters, in: Economic Regulation and Its Reform: What Have We Learned?, pages 25-61, National Bureau of Economic Research, Inc.
    3. J. Luis Guasch, 2004. "Granting and Renegotiating Infrastructure Concessions : Doing it Right," World Bank Publications - Books, The World Bank Group, number 15024, December.
    4. Damien Geradin, 2004. "Competition Law and Regional Economic Integration : An Analysis of the Southern Mediterranean Countries," World Bank Publications - Books, The World Bank Group, number 14940, December.
    5. Pollitt, Michael, 2008. "The arguments for and against ownership unbundling of energy transmission networks," Energy Policy, Elsevier, vol. 36(2), pages 704-713, February.
    6. Richard Gilbert & Neuhoff, K. & Newbery, D., 2002. "Allocating Transmission to Mitigate Market Power in Electricity Networks," Cambridge Working Papers in Economics 0225, Faculty of Economics, University of Cambridge.
    7. Stern, Jon & Cubbin, John, 2005. "Regulatory effectiveness : the impact of regulation and regulatory governance arrangements on electricity industry outcomes," Policy Research Working Paper Series 3536, The World Bank.
    8. Dubash, Navroz K. & Rao, D. Narasimha, 2008. "Regulatory practice and politics: Lessons from independent regulation in Indian electricity," Utilities Policy, Elsevier, vol. 16(4), pages 321-331, December.
    9. Nakawiro, Thanawat & Bhattacharyya, Subhes C., 2007. "High gas dependence for power generation in Thailand: The vulnerability analysis," Energy Policy, Elsevier, vol. 35(6), pages 3335-3346, June.
    10. Thakur, Tripta & Deshmukh, S. G. & Kaushik, S. C. & Kulshrestha, Mukul, 2005. "Impact assessment of the Electricity Act 2003 on the Indian power sector," Energy Policy, Elsevier, vol. 33(9), pages 1187-1198, June.
    11. Sherman Roger, 2003. "Restructuring Industries: The Carrot and the Stick," Review of Network Economics, De Gruyter, vol. 2(4), pages 1-27, December.
    12. Deitz, Laura & Stirton, Lindsay & Wright, Kathryn, 2009. "South East Europe's electricity sector: Attractions, obstacles and challenges of Europeanisation," Utilities Policy, Elsevier, vol. 17(1), pages 4-12, March.
    13. Levy, Brian & Spiller, Pablo T, 1994. "The Institutional Foundations of Regulatory Commitment: A Comparative Analysis of Telecommunications Regulation," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 10(2), pages 201-246, October.
    14. Joskow, Paul L., 2005. "Transmission policy in the United States," Utilities Policy, Elsevier, vol. 13(2), pages 95-115, June.
    15. Diaconu, Oana & Oprescu, Gheorghe & Pittman, Russell, 2009. "Electricity reform in Romania," Utilities Policy, Elsevier, vol. 17(1), pages 114-124, March.
    16. Gollop, Frank M & Karlson, Stephen H, 1978. "The Impact of the Fuel Adjustment Mechanism on Economic Efficiency," The Review of Economics and Statistics, MIT Press, vol. 60(4), pages 574-584, November.
    17. Ashley C. Brown & Jon Stern & Bernard Tenenbaum, 2006. "Handbook for Evaluating Infrastructure Regulatory Systems," World Bank Publications - Books, The World Bank Group, number 7030, December.
    18. David M Newbery, 2002. "Regulating Unbundled Network Utilities," The Economic and Social Review, Economic and Social Studies, vol. 33(1), pages 23-41.
    19. Paul Twomey & Richard Green & Karsten Neuhoff & David Newbery, 2005. "A Review of the Monitoring of Market Power: The Possible Roles of TSOs in Monitoring for Market Power Issues in Congested Transmission Systems," Working Papers 0502, Massachusetts Institute of Technology, Center for Energy and Environmental Policy Research.
    20. Stern, J., 2000. "Electricity and telecommunications regulatory institutions in small and developing countries," Utilities Policy, Elsevier, vol. 9(3), pages 131-157, September.
    21. Matthew Rennie & Fiona Lindsay, 2011. "Competitive Neutrality and State-Owned Enterprises in Australia: Review of Practices and their Relevance for Other Countries," OECD Corporate Governance Working Papers 4, OECD Publishing.
    22. Russell Pittman & Vanessa Yanhua Zhang, 2010. "Electricity Restructuring In China: How Competitive Will Generation Markets Be?," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 55(02), pages 377-400.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Zhang, Zhaoguo & Jin, Xiaocui & Yang, Qingxiang & Zhang, Yi, 2013. "An empirical study on the institutional factors of energy conservation and emissions reduction: Evidence from listed companies in China," Energy Policy, Elsevier, vol. 57(C), pages 36-42.
    2. Huenteler, Joern, 2014. "International support for feed-in tariffs in developing countries—A review and analysis of proposed mechanisms," Renewable and Sustainable Energy Reviews, Elsevier, vol. 39(C), pages 857-873.
    3. Wisuttisak, Pornchai & Kim, Chul Ju & Rahim, Mia Mahmudur, 2021. "PPPs and challenges for competition law and policy in ASEAN," Economic Analysis and Policy, Elsevier, vol. 71(C), pages 291-306.
    4. Yanrui Wu, 2012. "Electricity Market Integration Global Trends and Implications for the EAS Region," Economics Discussion / Working Papers 12-19, The University of Western Australia, Department of Economics.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Jamasb, Tooraj, 2006. "Between the state and market: Electricity sector reform in developing countries," Utilities Policy, Elsevier, vol. 14(1), pages 14-30, March.
    2. Antonio Estache & L. Wren-Lewis, 2008. "Towards a Theory of Regulation for Developing Countries: Following Laffont's Lead," Working Papers ECARES 2008_018, ULB -- Universite Libre de Bruxelles.
    3. Mariana Mota Prado, 2012. "Implementing independent regulatory agencies in Brazil: The contrasting experiences in the electricity and telecommunications sectors," Regulation & Governance, John Wiley & Sons, vol. 6(3), pages 300-326, September.
    4. Mark Armstrong & David E.M. Sappington, 2006. "Regulation, Competition and Liberalization," Journal of Economic Literature, American Economic Association, vol. 44(2), pages 325-366, June.
    5. Anton Eberhard, 2007. "Matching Regulatory Design to Country Circumstances : The Potential of Hybrid and Transitional Models," World Bank Publications - Reports 10688, The World Bank Group.
    6. Jensen, Olivia & Wu, Xun, 2017. "The hybrid model for economic regulation of water utilities: Mission impossible?," Utilities Policy, Elsevier, vol. 48(C), pages 122-131.
    7. Navroz K. Dubash & Bronwen Morgan, 2012. "Understanding the rise of the regulatory state of the South," Regulation & Governance, John Wiley & Sons, vol. 6(3), pages 261-281, September.
    8. Goyal Yugank, 2017. "Informal Institutions in the Regulatory State: The Case of Bureaucracy in India," The Law and Development Review, De Gruyter, vol. 10(1), pages 147-177, June.
    9. repec:ers:journl:v:xv:y:2012:i:sie:p:157-194 is not listed on IDEAS
    10. Erkan Erdogdu, 2014. "The Political Economy of Electricity Market Liberalization: A Cross-country Approach," The Energy Journal, International Association for Energy Economics, vol. 0(Number 3).
    11. Luis Andres & José Luis Guasch & Sebastián Lopez Azumendi, 2009. "Regulatory Governance and Sector Performance: Methodology and Evaluation for Electricity Distribution in Latin America," Chapters, in: Claude Ménard & Michel Ghertman (ed.), Regulation, Deregulation, Reregulation, chapter 6, Edward Elgar Publishing.
    12. Isabel Soares & Paula Sarmento, 2012. "Unbundling in the Telecommunications and the Electricity Sectors: How Far should it Go?," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 157-194.
    13. Graeme Guthrie, 2006. "Regulating Infrastructure: The Impact on Risk and Investment," Journal of Economic Literature, American Economic Association, vol. 44(4), pages 925-972, December.
    14. Dhaher, Omar, 2011. "Role of institutions for effective telecommunications regulation: Palestine as a case study," 22nd European Regional ITS Conference, Budapest 2011: Innovative ICT Applications - Emerging Regulatory, Economic and Policy Issues 52212, International Telecommunications Society (ITS).
    15. Ibarra-Yunez, Alejandro, 2015. "Energy reform in Mexico: Imperfect unbundling in the electricity sector," Utilities Policy, Elsevier, vol. 35(C), pages 19-27.
    16. Sugimoto, Kota, 2019. "Does transmission unbundling increase wind power generation in the United States?," Energy Policy, Elsevier, vol. 125(C), pages 307-316.
    17. Mulder, Machiel & Schoonbeek, Lambert, 2013. "Decomposing changes in competition in the Dutch electricity market through the residual supply index," Energy Economics, Elsevier, vol. 39(C), pages 100-107.
    18. Khan, Muhammad T. & Thopil, George Alex & Lalk, Jorg, 2016. "Review of proposals for practical power sector restructuring and reforms in a dynamic electricity supply industry," Renewable and Sustainable Energy Reviews, Elsevier, vol. 62(C), pages 326-335.
    19. Adwoa Asantewaa & Tooraj Jamasb & Manuel Llorca, 2022. "Electricity Sector Reform Performance in Sub-Saharan Africa: A Parametric Distance Function Approach," Energies, MDPI, vol. 15(6), pages 1-29, March.
    20. Nepal, Rabindra & Jamasb, Tooraj, 2012. "Reforming small electricity systems under political instability: The case of Nepal," Energy Policy, Elsevier, vol. 40(C), pages 242-251.
    21. Luis Alberto Andrés & José Luis Guasch & Sebastián López Azumendi, 2011. "Regulation and Corporate Governance of State-owned Enterprises: Issues for Improved Efficiency and Competitiveness and Lessons for China," Chapters, in: Michael Faure & Xinzhu Zhang (ed.), Competition Policy and Regulation, chapter 7, Edward Elgar Publishing.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:enepol:v:44:y:2012:i:c:p:185-198. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/enpol .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.