Power Ledger partners with US registry M-RETS for REC blockchain trading
Today, blockchain firm Power Ledger announced a partnership with the U.S.-based Midwest Renewable Energy Tracking System (M-RETS) to launch a Renewable Energy Certificate (REC) marketplace in the country. M-RETS is a web-based REC registry used by power generators, utilities, marketers, and qualified reporting entities. The centralized solution tracks RECs and facilitates transactions by issuing a […]
Energy Ministry keen to maintain subsidies for biofuels
The Energy Ministry plans to revoke the seven-year time frame for terminating the subsidies for biofuels, expecting to amend the State Oil Fund Act of 2019 within two years. Viraphol Jirapraditkul, director of the Energy Fund Administration Institute (EFAI), said Energy Minister Sontirat Sontijirawong told the Prime Minister’s Office to consider amending the revised act to […]
Thailand’s PTT in drive for fuel-switching to natural gas
Thai state-owned PTT Pcl will promote fuel-switching to natural gas by industrial factories to lower the level of PM2.5 dust particles in Bangkok and its surrounding areas, said PTT senior executive vice-president for gas business Wuttikorn Stithit. Wuttikorn said the company would conduct a survey and provide an evaluation of existing machineries at factories, aimed […]
Commentary: Thailand gives up plastic bags yet leaves rampant consumerism intact
Environmental consciousness in Thailand tends to romanticise its natural heritage rather than think pragmatically about its future, says an expert. LONDON: Thailand recently took an important step towards environmental protection when 75 leading retailers stopped issuing plastic bags to shoppers. This step continues a campaign started by environmentalists and local governments in Thailand to reduce […]
LNG import hike possible
The Energy Ministry has ordered PTT Plc, the national oil and gas conglomerate, to study the feasibility of liquefied natural gas (LNG) imports from spot markets in order to take advantage of lower prices. Energy Minister Sontirat Sontijirawong said LNG prices in the global spot market have declined to an average of US$4-5 per million […]
Drought, deluge, disease: How should the natural rubber industry respond to climate change?
Rising temperatures, drought and heavy rain will affect rubber yields and disease outbreaks. Rubber growers can boost resilience by adopting better cultivation methods, but will need more support. Dr Sara Bumrungsri grew up farming food crops in central Thailand. After moving to southern Thailand, where he began working at the Prince of Songkla University in 1997, […]
Agencies explore recycling possibilities
The Electricity Generating Authority of Thailand (Egat) and the Industrial Works Department are teaming up to study the feasibility of recycling used solar panels and batteries, in line with the circular economy concept. The two parties signed a memorandum of understanding on Thursday on a plan to build a pilot recycling facility after completing a two-year […]
TPIPP budgets B8bn for waste-fuelled power plants
SET-listed TPI Polene Power Plc (TPIPP) plans to spend 8 billion baht in 2020 to develop waste-to-energy (WTE) projects in Thailand. Worawit Lerdbussarakam, vice-president for production, said 6 billion baht of the budget is to acquire existing WTE projects and 2 billion baht is to increase production capacity for refuse-derived fuel (RDF) from various types […]
