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 […]
Power shift
Energy is vital for countries seeking to power and sustain economic growth. But as the world feels the heat of climate change, the energy industry is under pressure to undertake a major transition. Somehow, it must find ways to ensure that consumption can continue without interruption but with far fewer negative consequences for the environment.
Gasohol E20 to become primary petrol this month
Gasohol E20 will become the primary petrol for the country early this month, requiring all petrol stations nationwide to carry the ethanol-blended fuel, says the Energy Business Department. Director-general Nantika Thangsuphanich said the department will discuss the scheduled enforcement of E20 with fuel traders and refineries.
