The Energy Ministry of Thailand is ready to push forward five plans to promote energy sector in ASEAN at the 37th ASEAN Ministers on Energy Meeting (AMEM) that scheduled for Sept 2-6 in Bangkok.
Bangkok Post quoted the ministry’s director for international affairs Poonpat Leesombatpiboon as saying that the five action plans are expected to be developed at the meeting.
According to Poonpat, the meeting will involve discussions of effective energy management and stability for Southeast Asia via partnerships and innovation to promote the economy and improve people’s standard of living.
Multilateral electricity trading on a subregional level
The priority plan is to initiate multilateral electricity trading on a subregional level this year under an ASEAN power grid including Laos, Myanmar and Malaysia through the power infrastructure of Thailand. Additionally, ASEAN member nations will enhance their energy security through gas pipeline connectivity and a liquefied natural gas regasification terminal.
The second plan is to enhance the image of coal through promotion of clean coal technologies, led by Indonesia as the largest coal exporter in the region.
Meanwhile, the third plan aims to reduce its energy intensity by 20 percent in ASEAN in 2020 from the 2005 level .
Increasing target for renewable energy in Southeast Asia
The fourth sets an increasing target for renewable energy in Southeast Asia, reaching 23 percent of total capacity in 2025, and improving energy efficiency for home appliances sold in the region.
The fifth plan seeks to build capabilities in policy, technology and regulatory aspects for nuclear energy in ASEAN. Participants include ministers and high-ranking officials from the 10 ASEAN member states and the group’s eight partner countries , including China, Japan, the Republic of Korea, Australia, India, New Zealand, the US and Russia, as well as representatives from six international energy organisations.-VNA
Burning Issue: Climate Fires and Political Flame Wars Rage
For the first time in the survey’s 10-year outlook, the top five global risks in terms of likelihood are all environmental.
London, United Kingdom, 15 January 2020 –Economic and political polarization will rise this year, as collaboration between world leaders, businesses and policy-makers is needed more than ever to stop severe threats to our climate, environment, public health and technology systems.(more…)
Thailand struggles with environmental issues
Thailand struggles with environmental issues as PM 2.5 hit new records levels in Bangkok and severe drought is expected in several provinces
Rising Seas Will Erase Bangkok by 2050
The sinking of the city is also driven by the sheer weight of the built-up urbanisation, as well as uncontrolled groundwater extraction.
New research shows that rising seas could affect three times more people by 2050 than previously thought, according to new research, threatening to all but erase some of the world’s great coastal cities including Thailand’s capital.(more…)
Thailand among top five countries for salary hikes
Thailand is among the top five economies in the world to see real salary increases and is likely to see...
Thailand Ecommerce Market: Shooting For Success
At present, the Thai ecommerce market is valued at USD 3.5 billion. According to a Google Temasek study, Thailand’s e-commerce...
Aspire Set to Become First SME Neobank in Southeast Asia with US$32.5 Million Raise
The recent financing has been led by Mass-Mutual Ventures Southeast Asia with participation from Silicon Valley’s Arc Labs and existing...