Thailand’s cleaner grid is within reach
The draft PDP2024 outlines the country's power for the next two decades. Here are five key takeaways that policymakers and energy planners should seriously consider.
renewable energy
Unlocking Asean’s grid for green growth
Thailand is taking a significant step towards renewable energy, targeting half of its electricity generation from renewable sources by 2037 under the recently drafted Power Development Plan 2024 (PDP2024). However, achieving this goal is dependent on the Asean Power Grid, a region-wide initiative first proposed in 1997 to interconnect the electricity infrastructures of Asean member […]
CFNT Webinar Series: Phasing Out Coal – Case Studies from Germany & the Philippines
As countries transition toward clean energy, what can Thailand learn from Germany and the Philippines about phasing out coal? Join CFNT’s exclusive webinar featuring Suchart Klaikaew, Program Lead for Innovation Regions for a Just Energy Transition (IKI JET) Thailand at Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, as we explore the challenges of coal power […]
Learning from the Green Bond Experience: Successes and Pitfalls
Article by: Thanakon Sukuman Green bonds have become a powerful financial instrument in the global fight against climate change, yet not all deliver on their promises. Despite global green bond issuance reaching a record $269.5 billion in 2020, concerns over greenwashing—where financial instruments claim environmental benefits without real impact—continue to grow. Understanding the difference between […]
Farms and solar energy can co-exist
At first glance, the idea of combining agriculture with solar energy seems far-fetched. How can crops and solar panels compete for the same sunlight? My view changed after I visited the Sosa Mega Solar Sharing site in Chiba Prefecture, Japan, last month. As part of a media tour organised by Mekong Watch, a Japanese non-profit […]
Thailand’s cloud dream cut short by its energy policy
Despite successfully wooing big tech companies such as Microsoft to invest in a new data centre, Thailand’s aspiration to become Southeast Asia’s hub for cloud computing might just be a pipe dream. A major hurdle is its outdated energy policy. In mid-March, Microsoft CEO Satya Nadella announced that Microsoft and the Thai government had signed […]
No sign of a ‘just’ energy transition
As multiple impacts of climate change become more severe worldwide, including in Thailand, the need for an energy transition becomes ever more paramount. To that end, the latest draft of the Power Development Plan (draft PDP2024), which was unveiled in June, is touted by the Ministry of Energy as being consistent with Thailand’s goals of […]
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) […]
How green is the energy from our hydro dams?
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 […]
Fossil Reckoning: Valuation of Coal and Gas Stranded Assets in Thailand
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) […]