An ex-ante evaluation of the economy-wide benefits of the Thai Energy Efficiency Action Plan

Type Working Paper
Title An ex-ante evaluation of the economy-wide benefits of the Thai Energy Efficiency Action Plan
Author(s)
Publication (Day/Month/Year) 2016
Abstract
The paper presents the results of an ex-ante evaluation of the economy-wide benefits that
may be achieved through the implementation of the 20-year Energy Efficiency Action Plan (EEAP)
in Thailand. The objective of the EEAP is to reduce energy intensity by 25% in 2030 compared to
2010. We specified an evaluation model for the calculation of the overall energy cost savings, energy
import cost savings and reduced CO2 emissions. Moreover, induced energy efficiency investments,
employment effects and impacts on governmental budget have been calculated. The evaluation
shows that an effective implementation of the plan would lead to a reduction in energy expenditure
of €37.7 billion by 2030. EEAP-induced energy savings will significantly reduce the greenhouse gas
emissions, Thailand’s energy import costs and generate private investment in energy efficiency, in
turn leading to additional employment. The size of the overall impact on Thailand’s governmental
budget is uncertain due to positive and negative effects, but a positive net effect can be expected.

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