Thailand’s power sector is heavily dependent on fossil fuels with 81% share in the generation mix, meeting the country’s growing power demand. With countries across the world setting timelines for completely shoving coal out of the generation mix, Thailand’s latest Power Development Plan (PDP) has set the expansion plan of gas-based power generation and renewables with a slow phase-out of coal generation to meet the low carbon transition target. The share of non-hydro renewables in the generation mix is set to grow from 15% in 2019 to 22% in 2030 while the gas-based generation is set to expand from 62% to 76% during the same period.
