Thailand’s National Energy Plan (NEP) — a blueprint outlining the country’s energy strategy from 2023 to 2037, has earned praise for its goals to increase the use of clean renewable energy in Thailand. The plan states that by 2050, half of electricity consumed must be clean and renewable energy –solar cells, wind, biomass, small nuclear […]
This research aims to evaluate the financial impact of Thailand’s transition to clean energy focusing on the potential stranded asset values within the gas and coal powerplant industry. Employing the Discounted Cash Flow (DCF) methodology, our analysis encompasses three scenarios: (1) Base Case or Power Development Plan 2018 Revision 1, (2) Rapid Transformation, and (3) […]
In Thailand’s National Energy Plan (NEP) — a blueprint outlining the country’s energy strategy from 2023 to 2037 — a small portion of nuclear energy is included as one form of alternative energy. The NEP has set the goal that 50% of energy for consumption must come from clean and renewable sources like wind, solar, […]
The awaited new Power Development Plan (PDP) will be finalised by the second quarter of this year. The PDP— which is scheduled to be implemented between 2024 and 2037, will focus more on renewable energy. Prasert Sinsukprasert, the permanent secretary of the Ministry of Energy, says the new PDP aligns with Thailand’s climate change goal […]
Despite commitments to increase the share of renewable energy to combat climate change and promises to adhere to the 1.5°C target outlined by the Paris Agreement, Thailand’s appetite for liquefied natural gas (LNG) tells a different story, putting the country’s sustainable future in jeopardy. In 2023, Thailand experienced a notable surge in LNG imports, reaching […]