Electricity Generating Public : EGCO Group aims to achieve carbon neutrality by 2050 to support low-carbon society goal
Electricity Generating Public Company Limited or EGCO Group announced the ‘Net Zero Goal’ or a plan to achieve carbon neutrality by 2050 in support of the global low-carbon society trend. As part of its mid-term goal, EGCO Group aims to reduce carbon emission intensity by 10% within 2030.
Chevron’s Thailand decommissioning campaign in limbo
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.
Taiwan’s Foxconn links up with Thailand’s PTT for EV project
TAIPEI (Taiwan News) — Foxconn Technology Group will link up with Thailand’s state-owned oil and gas group PTT Public Company to become a force in electric vehicles (EV) in the Southeast Asian country by 2025, reports said Friday (Aug. 27).
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.
