FTI, DENSO and CEP sign up for renewable energy trading project
A letter of intent (LOI) for a new pilot project advocating responsible energy trading was signed by the Federation of Thai Industries (FTI), the DENSO group and the Clean Energy for People Foundation (CEP) on 25 August 2021.
LNG remains crucial in Thailand’s energy transition says PTT
Natural gas and liquefied natural gas (LNG) will remain highly important to Thailand’s power sector and as a bridging fuel during the Southeast Asian nation’s energy transition, Auttapol Rerkpiboon, chief executive of state-backed Thai energy company PTT, told the Future Energy Asia conference today.
B.Grimm Power and PTT create LNG JV in Thailand
Thailand’s B.Grimm Power will form a 50/50 joint venture to source and trade liquefied natural gas (LNG) with PTT Global LNG, a subsidiary of state-backed energy company PTT. “The objectives of the cooperation are to procure and supply LNG and explore other business opportunities related to LNG value chain both domestically and internationally in order […]
Thailand’s SOEs invest over Thb100bn in energy infrastructure projects
Thailand’s state-owned enterprises (SOEs) have invested over Thb100 billion ($3bn) in energy infrastructure projects between January and June this year.
Energy usage likely to be flat this year
Energy consumption in Thailand this year is expected to grow by only 0.1% to an average of 2,015 kilo barrels of oil equivalent per day, mainly due to strict Covid-19 travel restrictions, compared with 2.8% growth in the first half of 2021.
Thailand to develop free market for liquefied natural gas
Thailand’s Energy Regulatory Commission (ERC) plans to fully develop a free market for liquefied natural gas (LNG) in the next three years, to ensure a sufficient gas supply and fair prices.
Banpu To Buy Texas Power Plant For $430 Million As Thai Energy Firm Steps Up Green Investments
Banpu—controlled by billionaire Isara Vongkusolkit—has agreed to buy a combined cycle gas-fired power plant for $430 million in Texas as the Bangkok-based coal producer steps up investments in sustainable projects.
Thailand’s Oil Giant Is Going on a Green Spending Spree
Thailand’s oil giant, whose sales account for about 10% of the nation’s economic output, is suddenly spending billions of dollars on electric-vehicle and renewable-energy companies and tilting its traditional businesses toward chemicals and plastics.
