EESL invests Rs 37 crore in Thailand-based SWAG EV
The state-run Energy Efficiency Services (EESL) has announced an initial investment of $5 million (Rs 37 crore) in Thailand-based electric two-wheeler maker SWAG EV. The move is said to promote the concept of convergence – bringing together electric mobility, renewable energy and carbon finance to catalyse energy transformation in Southeast Asia.
Retiring older power plants mulled
Energy authorities are planning to study the possibility of adopting an “early retirement” for ageing power plants that cannot efficiently supply power to the state grid in a bid to resolve the oversupply of national power reserves, says Kawin Thangsupanich, secretary to the energy minister.
Energy Regulatory Commission approves cut in fuel tariff
The Energy Regulatory Commission (ERC) has approved a cut in the fuel tariff (Ft) by 0.0289 baht per kilowatt-hour (unit), reducing power bills to the lowest rate in two years.
Thailand’s Board of Investment (BOI) approves 35.7 billion baht worth of investment projects
The Thailand’s Board of Investment (BOI) approved 35.7 billion baht (USD1.1 billion) worth of large investment projects in several sectors.
PEA adopts e-LG to cut expenses
The Provincial Electricity Authority (PEA), a state power distribution arm, has adopted an electronic letter of guarantee (e-LG) integrated with blockchain technology to reduce operation costs and enhance business efficiency.
Energy minister orders safety review of oil, gas pipelines
Energy Minister Supattanapong Punmeechaow has instructed officials to conduct a safety review of the nationwide oil and gas pipeline network, following growing concerns by state officials and civic groups over a recurrence of the deadly gas pipe explosion last Friday.
Mitsubishi banking on V2X to tout PHEVs
Mitsubishi Motors Thailand wants to seek new business opportunities based on its “V2X” concept, using plug-in hybrid electric vehicles (PHEVs) to alert households to smart electricity management.
Energy experts seek electricity trade reform
Energy experts have called on the government to reform electricity trading, allowing power firms to compete with the Electricity Generating Authority of Thailand (Egat) in order to reduce power bills for households and solve the oversupply of national power reserve.
