Academics critique Thailand's draft Power Development Plan 2026, raising critical gaps in planning. Key concerns: (1) 200-billion-baht government loan for solar rooftops may trigger a surge in independent power producers (IPS), altering actual grid demand; (2) Load Factor is declining sharply, yet demand-response measures (smart meters, time-of-use pricing) may reduce new plant investment needs if properly managed; (3) Cost data for new technologies (SMR small reactors, CCS carbon capture, green hydrogen) remains vague, making budget allocation unclear. The plan risks overinvestment if IPS growth and peak-shaving strategies aren't factored in.