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Thai Ministry increases Renewable Energy ratio

The cost of electricity generated from renewable energy will be approximately 2.44 baht per unit, which should not affect the general public’s electricity bills.

National News Bureau of Thailand

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(NNT) – On the move to reinforce electricity security, the Ministry of Energy has amended its Alternative Energy Development Plan (AEDP) 2018 to comply with the national electricity generating capacity development, increasing the ratio of electricity generation from renewable energy sources to 29,358 megawatts by 2037.

The Department of Alternative Energy Development and Efficiency’s (DEDE) Director General, Yongyut Juntararotai has disclosed that the Alternative Energy Development Plan (AEDP) 2018, which covers operations from 2018 to 2037, is aimed at increasing electricity generation from waste materials utilized in energy plants, from 500 megawatts to 900 megawatts, which will help solve the national issue of excess garbage needing disposal.


Public consultations will be held in August to gather input from all sides, before proposing the project to the National Energy Policy Committee.

The cost of electricity generated from renewable energy will be approximately 2.44 baht per unit, which should not affect the general public’s electricity bills.

According to the latest amendment of the AEDP 2018, electricity generated from renewable energy sources will be introduced into the national power grid, with solar power generating 15,574 megawatts, biomass generating 5,786 megawatts, wind turbines generating 2,989 megawatts, hydroelectric power from domestic generators and from Laos generating 3,000 megawatts, and waste to energy generating 900 megawatts.

These renewable power sources will contribute a total of 29,358 megawatt, or 33 percent of the national electricity generating capacity.

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Business

16 countries agree to conclude RCEP talks by end of this month

The final round of RCEP talks in Danang, Vietnam, is scheduled from September 19 to September 27 for senior officials to prepare various agenda pertaining to goods, services and investments

National News Bureau of Thailand

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BANGKOK, 9 September 2019(NNT)-The 51st ASEAN Economic Ministers Meeting has agreed that the final round of the Regional Comprehensive Economic Partnership (RCEP) talks in Vietnam should reach their conclusion by the end of this month.

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Thailand to Produce 2.5 Million Vehicles in 2030

Today there are about 15 million vehicles in Thailand and the Energy Ministry expects to see 1.2 million BEVs and plug-in hybrid electric vehicles within 2036.

Boris Sullivan

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The Thailand Automotive Institute expects the country will produce 2.5 million vehicles in 2030 and about 200,000 of them will be battery electric vehicles (BEVs).

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PTT to invest 30bn ($967M) baht in EEC

PTT Public Company Limited has allocated some 30 billion baht, to invest in newer forms of energy in the Eastern Economic Corridor (EEC)

National News Bureau of Thailand

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BANGKOK, (NNT) – The global economic slowdown and trade war have caused fluctuations in energy prices. In response, PTT Public Company Limited has allocated some 30 billion baht, to invest in newer forms of energy in the Eastern Economic Corridor (EEC), while the company’s profit in 2019’s first half was reduce by higher oil prices.

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