New regulations drafted by Thailand officials demand that electricity
producers using blockchain be charged additional fees. Government
regulators fear an explosion in independent power generation will lead
to a reduction in revenue.
Electricity Generating Authority of Thailand (EGAT) has demanded the
fees be paid as a subsidy for potentially destabilizing effects
blockchain technology brings, Nikkei Asian Review reports.
“The number of household solar rooftop power generators is increasing
rapidly. That’s why the Energy Regulatory Commission (ERC) needs to
develop regulation that is fair for everybody,” declared ERC member
There is a growing number of Thai companies leveraging distributed
ledger technology (DLT) to help homeowners profit from rooftop solar
systems. A new generation of blockchain-savvy consumers is muscling the
state-owned utilities out of profits by buying and selling surplus solar
energy on decentralized peer-to-peer (p2p) energy markets.
As the markets grow bigger, less electricity is being purchased directly
from the state-run utilities, meaning less profits for the traditional
Here, we are witnessing the decentralization of the energy sector, in
Thailand at least. Andreas Antonopolous thinks that this is one of the
“most important trends in human history.” Despite the benefits of p2p
energy markets, the fact that governments can just impose additional
fees to compensate puts a real dampener on things.
It was only a year ago that Thailand rolled back strict restrictions on
non-government solar power generation. Bangkok Post reported that the
Thai government allowed households and businesses to sell surplus energy
generated by solar panels back to EGAT last September, but I guess it
didn’t count on blockchain being adopted by the p2p energy community so
来源：THE NEXT WEB