The government's monopoly of the energy industry is depriving Thailand of urgently needed innovation at this critical time of world energy uncertainty, leading economists said.
"The energy industry is becoming similar to the telecommunication sector in that it needs to move forward with the fast changing technology, investment and dynamism. But the Thai power sector is moving in the opposite direction," said Dr Duenden Nikomborirak, a chief economist from Thailand Development Research Institute.
The Thai power sector saw a regressive trend in the past decade when it comes to competition and dispersal of ownership, added the economist. The concentration index is higher now than the past 10 years, she said.

