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Table 3 Price setting in the BAU scenario

From: Low carbon transportation in Thailand: CO2 mitigation strategy in 2050

Fuel

Price (‘000 USD/toe)

2005

2020

2030

2050

Gasoline

1.65

2.22

2.70

4.02

Gasohol with ethanol 10 %

1.35

1.81

2.21

3.28

Gasohol with ethanol 20 %

1.28

1.72

2.10

3.11

Gasohol with ethanol 85 %

0.82

1.10

1.34

2.00

High speed diesel

1.06

1.42

1.73

2.58

High speed diesel with 5 % biofuel

1.01

1.37

1.66

2.47

High speed diesel with 10 % biofuel

0.95

1.28

1.56

2.32

High speed diesel with 20 % biofuel

0.85

1.14

1.39

2.06

Liquefied petroleum gas

0.49

0.66

0.81

1.20

Natural gas for vehicle (NGV)

0.41

0.55

0.67

1.00

Fuel oil

0.74

1.00

1.22

1.81

Jet fuel

1.47

1.98

2.42

3.59

Electricity

1.10

1.48

1.81

2.69