Thailand’s Prisons to be Fitted with Solar Panels to Conserve Energy
The Justice ministry has announced solar panels will be installed at all 143 prisons throughout the country. Above all in a bid to reduce their electricity costs. The Corrections Department was found to have not paid the power bills in full in 2019, Justice Minister Somsak Thepsuthin said on Sunday. According to Mr Somsak, the department in fiscal […]
Virus-related cooking gas price cut
The cabinet will consider ways of reducing the price of cooking gas next week, to help ease the economic impact of the coronavirus disease (Covid-19) outbreak, Energy Minister Sontirat Sontijirawong said. A decision on the price of LPG for home use would be among measures being introduced to alleviate the cost of living for people in […]
Thailand ‘to be regional EV hub’ in five years
The government has announced a policy to make Thailand a regional hub of electric vehicles in five years. Deputy Prime Minister Somkid Jatusripitak made the announcement at Government House on Wednesday in his capacity as the chairman of the National Electric Vehicle Policy Committee.
TOTAL to Add 25MW Solar Projects in Thailand, Boost Renewables
TOTAL S.A.TOT announced that its unit Total Solar Distributed Generation has entered into an agreement to provide 25 megawatt-peak of solar rooftops for 24 facilities of one of the largest food companies in Thailand, Betagro. These solar projects will utilize more than 62,000 solar panels and produce 38 gigawatt hours of renewable electricity per year.
PTT urges oil reserve cut as prices collapse
In response to plunging oil prices, state-owned energy firm PTT Plc is urging policymakers to take action to cut the nation’s crude oil reserve in half as prices dip below US$30 a barrel. President and chief executive Chansin Treenuchagron said PTT will urge the government to reduce the volume of its oil reserve to 9-10 days […]
Thailand reveals LNG hub ambitions
First, it was Singapore that made bare its plans to be an LNG hub in Asia. Not to be outclassed, Thailand too has expressed its own lofty ambitions to get into the race of being Asia’s premier LNG bunker trading hub. There is plenty of reason why. According to The World Bank, more than 70% of […]
Government looking at ways to lower public electricity bills
Thailand’s Energy Ministry is examining ways to lower electricity bills for the general public to ease their burden in response to the impact of Covid-19 on the economy, according to Energy Minister Sontirat Sontijirawong. The ministry’s permanent secretary has been asked to call a meeting today with related electricity agencies, including the Energy Regulatory Commission, to […]
Local energy shares free fall
Local energy shares nosedived by more than 20% following a historic collapse of oil prices amid the price war tension jumpstarted by Saudi Arabia, setting the tone for another week of bear market for Thailand’s main equity benchmark. Share price of PTT Exploration and Production Plc (PTTEP), the oil and gas drilling arm of national oil […]
