Egco targets new assets to boost power
Electricity Generating Plc (Egco), a power generation arm of Electricity Generating Authority of Thailand, plans to increase its investment budget to acquire more assets this year, aiming to add new power generation capacity of 1,000 megawatts each year.
EV registrations increase 31% while fuel-based encounters 17% decrease in the first 5 months
A local family’s year-long research journey exemplifies the growing appeal of electric vehicles (EVs). While positive experiences from friends using EVs and the lure of lower fuel costs were factors, a recent promotional offer from the car company ultimately sealed the deal.
Thailand to Offer Incentives for Used EV Battery Refurbishment
Thailand’s Board of Investment (BOI) has recently announced new incentives aimed at refurbishing used electric vehicle (EV) batteries. According to the BOI, this initiative is part of the country’s strategy to expand EV manufacturing under its targeted S-curve industries.
EGAT Accelerates Third Hydro-Floating Solar Hybrid Project At Srinagarind Dam To Support Carbon Neutrality Goals In Thailand
The Electricity Generating Authority of Thailand (EGAT) is fast-tracking the development of its third Hydro-Floating Solar Hybrid project at Srinagarind Dam. This initiative aims to bolster clean energy generation and support the nation’s Carbon Neutrality goals.
Direct power purchase pilot project approved
The National Energy Policy Council (NEPC) has approved a pilot project that will allow businesses to purchase electricity directly from power producers. The move is a response to requests from foreign investors, particularly energy-intensive data centre operations, about the possibility of direct power purchase agreements (PPAs) that would help them better manage energy costs.
Gas production hikes and regional buying to cut LNG imports
Thailand plans to increase domestic gas production and renew gas purchases from neighbouring countries to reduce its dependence on liquefied natural gas (LNG) as gas demand is expected to increase in Asia, say energy authorities and analysts.
Auction for new renewable power plants planned
The Energy Regulatory Commission (ERC) is pushing ahead with an auction for new power plants under its second-phase 3.6-gigawatt renewables scheme, which is expected to draw more investors once some of its conditions are amended.
Power generation investment to reach B1tn within 6 years
Investment in the development of new electricity generation facilities, aimed at promoting renewable energy, is expected to reach 1 trillion baht over the next six years under the novel power development plan (PDP), says energy permanent secretary Prasert Sinsukprasert.
