FINANCING ENERGY TRANSITION BY PETROLEUM REVENUES AND THE POWER DEVELOPMENT FUND: TRAINING AND CAPACITY BUILDING CONCERNING RENEWABLE ENERGY TO CITIZEN

บทคัดย่อ

Abstract

        Provision of educational processes to enhance citizen’s knowledge on climate change and energy transition whether in the form of formal or non-formal education system need financial resources and supports. This academic paper analyzes how petroleum concessionaire and contractor-paid petroleum revenues and contributions that an electricity industry licensee paid to the power development fund can help finance renewable energy education and training programs for citizen. Benefited areas include technical, financial, and regulatory fields. It finds that petroleum revenues collected by the State under the Petroleum Act B.E. 2514 (1971) and contributions delivered to the power development fund under the Energy Industry Act B.E. 2550 (2007) can be used to finance education infrastructure development, as well as benefit training courses on climate change and utilization of equipment for renewable energy systems. It first discusses how providing training and capacity building is an essential step towards energy transition. In turn, it reveals how revenues from the petroleum upstream industry carried out under the Petroleum Act B.E. 2514 (1971) can be transformed into financial resources for capacity building and training in an era of energy transition. The third section analyses how the electricity licensing systems, as well as the Power Development Fund under the Energy Industry Act B.E. 2550 (2007) can contribute to capacity building and training.