Electricity Generating Authority of Thailand (EGAT) and Thammasat University worked on the ERC Sandbox: TU EGAT ENERGY project expansion to develop the new business on “Smart Energy Solutions”. It aims to develop innovative one-stop electricity service solutions which are beneficial for further collaboration and national development.
Dr. Somchai Chokmawiroj, Director of Research and Innovation Division at EGAT informed that a team from EGAT’s Research and Innovation Division and Business Development Division discussed with Dr. Prinya Thaewanarumitkul, Vice Rector of Thammasat University (TU) to update and discuss plans on the expansion of the project to the new business, Smart Energy Solutions.
Currently, the project implementation by Thammasat University has progressed more than 60%. EGAT had the Smart Meter set up and already collected the data at the centre. Furthermore, EGAT already prepared a report to study the new service fee structure such as Net Metering and Net Billing. The project is expected to be completed by March 2021.
After completing the testing phase of the ERC Sandbox: TU EGAT ENERGY project, EGAT will collaborate with Thammasat University to study the possibility of project expansion.
The overview of the ERC Sandbox project implementation will encourage an effective competition that is consistent with the world energy outlook, and energy-cost efficiency in the future.
Additionally, EGAT in collaboration with Thammasat University plans to expand new business in Smart Energy Solutions, such as building management system development, electric vehicle charging station development for electric boats and cars, including replacement with electric shuttle buses for university employees and electric boats for students, etc.
“Encouraging the ERC Sandbox project collaboration between EGAT and Thammasat University as well as approaches of promoting Smart Energy Solutions in the future is a good sign to progress with a new role in conducting energy industry business, energy-related business and other business, including exchanging knowledge and seeking mutual business opportunities for broader benefits for organizations, country and people in order to strengthen the energy security according to the government policy.” concluded EGAT Research and Innovation Division.