ELI5: Explain Like I'm 5

Energy Industry Liberalization and Privatization (Thailand)

Energy industry liberalization and privatization in Thailand is the process of changing the way the energy industry works. This means that the government in Thailand is opening up the energy industry to private companies. This means that private companies will be able to build and develop new energy sources, such as wind and solar, and also build and expand energy grids so that electricity can be shared with more people. It also means that these private companies can sell electricity, or energy, at different prices than what the government offers, so that people can choose the best deal. By doing this, it should help to make energy more affordable, and help businesses generate more money.