04219nas|a2200421 i 4500 20260817173103.0 030808s2002 th u m rtt 0| a1eng d .b11892997 AIT Thesis no. ET-02-3 Tossaporn Supomai Cogeneration potential of sugar mills under electricity supply industry restructuring : case of Thailand Bangkok : Asian Institute of Technology, 2002 98 leaves : ill. Thesis ; no. ET-02-3 Thesis (M.Eng.) - Asian Institute of Technology, 2002 A thesis submitted in partial fulfillment of the requirements for the degree of Master of Engineering. School of Environment, Resources and Development The study presents an economic analysis of cogeneration project, which is divided into two parts: the first part is based on economic analysis of cogeneration project under present pricing policy. The second part presents potential of cogeneration project under deregulated spot pricing. As of January 2003, the regulatory framework of the Thai electricity system industry will be restructured and deregulated to more competitive in power market. As a result, electricity prices are not regulated, but are determined by the power pool. In this study, the cogeneration plants are treated as generating unit that have to bid their price (i.e. short-run marginal cost, SRMC) to power pool. Therefore, the cogenerators needed to determine their potential to response to competitive bidding price under restructuring of electricity system industry. However, the economic analysis of co generation project under present pricing policy needs to be studied for a better understanding. The study has revealed that the internal rate of return (IRR) of cogeneration projects under npn-firm contract is lower than IRR of cogeneration projects under firm contract. Because under firm contract, the cogeneration can generate electricity in constant quantity and get more electricity buyback rate from energy payment and capacity payment. Furthermore, the result shows that the cogeneration potential is decreased under deregulated spot pricing. Based on the zonal prices, the small cogeneration plants in central area and northeastern area are not attractive for investor to implement the project. In the other hand, the IRR of cogeneration projects in southern area are the most attractive due to high zonal price. The sensitivity analysis of uncertainty parameters shows that the increment in capital cost, bagasse price, discount rate and decrement in electricity buyback rate increase the uncertainty about the net profit of cogeneration plant. Particularly the bagasse price that determined the SRMC of cogeneration plant. This study also shows that the potential of cogeneration projects is reduced after deregulating the electricity supply industry in Thailand. Electric industries Thailand Cogeneration of electric power and heat Thailand Shrestha, Ram M., Chairperson Bhattacharya, Sribas C., Examination Committee Lacrosse, Ludovic, Examination committee Royal Thai Government Followships, Scholarship donor Asian Institute of Technology. Thesis ; no. ET-02-3 Full-Text http://203.159.5.9/ait-thesis/detail.php?q=B07489 .b11892997 mnait u 240404 0 030808 m a u 2 mnait mnait mnarc 20 40 Barcode : 30050120749436 CREATED : 2002-11-03 RECORD # : i12345982 LPATRON : 1022251 LCHKIN : 2010-05-04 # RENEWALS : 0 # OVERDUE : 0 IUSE3 : 0 TOT CHKOUT : 11 TOT RENEW : 5 Barcode : 30050120749444 CREATED : 2002-11-03 RECORD # : i12345994 LPATRON : 1020354 LCHKIN : 2008-06-30 # RENEWALS : 0 # OVERDUE : 0 IUSE3 : 0 TOT CHKOUT : 7 TOT RENEW : 3 Barcode : 30050160047170 CREATED : 2016-06-06 RECORD # : i13018528 LPATRON : 0 LCHKIN : - # RENEWALS : 0 # OVERDUE : 0 IUSE3 : 0 TOT CHKOUT : 0 TOT RENEW : 0 18671 18671 0 0 0 0 MAIN MAIN mnait 2026-08-17 50.00 0 AIT Thesis no. ET-02-3 30050120749436 2026-08-17 17:31:03 1 2026-08-17 20 0 0 0 0 MAIN MAIN mnait 2026-08-17 50.00 0 AIT Thesis no. ET-02-3 30050120749444 2026-08-17 17:31:04 2 2026-08-17 20 0 0 0 0 MAIN MAIN mnarc 2026-08-17 0 AIT Thesis no. ET-02-3 30050160047170 2026-08-17 17:31:04 2026-08-17 40