# Significant Advancements Expected in Thailand’s Energy Sector by 2025

- Link: https://www.thailand-business-news.com/markets/commodities/185037-significant-advancements-expected-in-thailands-energy-sector-by-2025
- Published: 2025-01-06T11:48:00+07:00
- Author: NNT

Thailand’s energy sector is gearing up for major developments in 2025, particularly
in petroleum exploration and electricity management. The Ministry of Energy has 
announced plans for new petroleum exploration bids in the Andaman Sea in early 2025,
leveraging technological advancements to make deep-water projects more feasible.

## Key Takeways

 * Thailand’s energy sector is gearing up for 2025 advancements focusing on petroleum
   exploration and electricity management. The Ministry of Energy announces petroleum
   exploration bids in the Andaman Sea for the first quarter, leveraging technological
   advancements near Myanmar’s Yadana and Yetagun fields.
 * EGAT tackles coal procurement issues at Mae Moh Mine, with operations temporarily
   halted due to an ITD appeal. An expedited investigation aims to resume operations
   by February 2025. Delays risk impacting electricity production, requiring costly
   alternatives like natural gas imports.
 * EGAT maintains financial stability with cash reserves and reduced electricity
   debt. The 2024 draft PDP integrates renewable energy and climate change mitigation.
   Investments in IT and green energy are considered in reserve planning, while 
   the Oil Fuel Fund manages debt with steady oil price inflows.

The Electricity Generating Authority of Thailand (EGAT) is tackling issues related
to coal procurement for the Mae Moh Mine after Italian-Thai Development Public Company
Limited (ITD) appealed, temporarily halting activities. EGAT aims to resolve the
investigation within 30 days to restart operations before the coal contract’s expiration
in February 2025. Delays might require costly natural gas imports, affecting electricity
output by 800 megawatts.

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EGAT’s financial health is strong, with 50-60 billion baht in cash reserves and 
reduced outstanding electricity debt. The 2024 Power Development Plan (PDP) is under
review, incorporating renewable energy and climate mitigation strategies. A pilot
project for 2,000 megawatts of private electricity trading is included, with future
investments in IT and data centers accounted for in reserve planning. The Oil Fuel
Fund is managing its debt efficiently, supported by stable crude oil prices.

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