He explained on Monday that the decision to delay the switch to E20 fuel was taken as biofuel ingredients have gone up in price, putting a strain on the nation's Oil Fuel Fund. This move showed the ministry places the Oil Fuel Fund's balance sheet and market prices firmly ahead of the environment. For instance, when palm oil prices plunged due to oversupply in 2019, the state ordered power plants managed by the Electricity Generating Authority of Thailand to switch to palm oil as a fuel. The Energy Ministry has been praised for using the Oil Fuel Fund to help solve environmental problems and improve the quality of petrol. Such a legacy should not be abandoned only to maintain the Oil Fuel Fund's balance sheet.

Source: Bangkok Post February 18, 2021 23:15 UTC