A Better Path is Possible Critique and Suggestions to Draft PDP2024

In this report, we critically analyze draft Power Development Plan 2024 (PDP2024), emphasizing its over-reliance on fossil fuels, particularly natural gas, and the high associated costs and risks. Despite Thailand’s commitment to achieving carbon neutrality by 2050, the plan prioritizes the development of new gas plants and unproven technologies such as Small Modular Reactors (SMRs) and hydrogen blending, rather than focusing on more sustainable options like solar energy. The critique highlights the hidden costs of carbon emissions, the volatility of LNG (Liquefied natural gas) prices, and the significant expenses associated with Carbon Capture and Storage (CCS). We advocate for an aggressive expansion of solar power to reduce energy costs, enhance energy security, and align with global climate goals. This detailed analysis underscores the need for a forward-thinking energy strategy that embraces renewable technologies to build a resilient, sustainable, and competitive economy for Thailand.