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Business trends

Thailand braces for surge of blockchain-enabled solar power

Regulator weighs fee on households as peer-to-peer energy trading threatens state utility

BANGKOK -- Thailand's rapidly growing number of small independent solar power producers will be asked to pay extra charges to help contain the impact of blockchain-enabled competition on the state-owned utility, in new regulations being drafted by the energy regulator.

The new rules are urgently needed to give Electricity Generating Authority of Thailand time to adapt to an expected explosion in independent power generation -- including from households with rooftop solar panels -- made possible by blockchain technology, Energy Regulatory Commission member Viraphol Jirapraditkul told the Nikkei Asian Review.

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