State and trends of carbon pricing 2020.

The Potential Role of Carbon Pricing in Thailand\'s Power Sector
	Abstract
	Acknowledgements, contributors and credits
	Table of contents
	Executive summary
		Key findings
			A sufficient carbon price can effectively reduce emissions by triggering fuel switching in power generation
			With a stable price signal, carbon pricing could enable additional deployment of renewables to displace coal
			Adapted carbon pricing design has the potential to deliver emission reductions without a significant cost increase
		Policy insights
	Chapter 1. Background
		Carbon pricing in the power sector
			Thailand\'s climate policies
			Thailand\'s mitigation actions: from nationally appropriate mitigation actions (NAMA) to its nationally determined contribution (NDC)
				NAMA is the first voluntary attempt from the energy and transport sectors to address climate issues
				Economy-wide transition from NAMA to NDC
			Development of carbon pricing instruments in Thailand from CDM to domestic schemes
		Thailand power sector overview
			Thailand\'s power sector – current status
				The operation and regulation of Thailand’s power sector
				Thai power sector: Generation and emissions
				The tariff structure in Thailand
			Thailand\'s power sector – future development
				Thai power sector development plans
	Chapter 2. Modelling Methodology
		Approach and assumptions
		Scenario design
		Goals and limitations
	Chapter 3. Analysis of Results
		PDP Scenario with no carbon price
		Flex scenario with no carbon price
		Effect of carbon pricing
			An effective carbon price could incentivise a coal-to-gas switch in the dispatch
			A modest carbon price would drive changes in the natural gas generation mix
			Carbon price leads coal-to- VRE shift in combination with additional VRE capacity
		Economic implications of carbon pricing in power dispatch
			Lower fuel costs in 2030 can help reduce the impact of the carbon price on the price of electricity
			Carbon prices at different levels lead to a wide range of abatement costs
			Co-ordinate policies to address the impact of a carbon price on electricity consumers
			Adapting carbon pricing design to Thailand’s power sector
		Economic impact of carbon pricing on VRE investment
			VRE and flexibility measures could offset the incurred investment cost by reducing the operating costs
			Carbon pricing could further accelerate the clean energy transition by incentivising VRE investment
			An integrated planning process, including a carbon price, could lead to cost-effective emission reductions
	References
		Acronyms and abbreviations
			Units of measure