Tag: energy

Global investment in power grids reached US$359 billion in 2024, marking a significant 14% increase over the average spending recorded in 2022 and 2023. 

The reasoning is clear: the power sector is the largest contributor to the country’s carbon emissions, accounting for over 42%.

Electricity demand from data centers is set to double by 2030, driven by AI, potentially leading to increased emissions offset by reductions from AI technologies and innovations in energy.

Thailand's energy sector is gearing up for 2025 advancements focusing on petroleum exploration and electricity management.

PTT, Thailand's state-owned energy giant, is encountering major challenges in its decarbonization journey as its ambitious electric vehicle (EV) production plans face delays.

Thailand’s Euro-5 diesel mandate will drive fuel upgrades, alter diesel supply-demand, impact prices, and position Thailand as a net exporter.

Thailand's natural gas consumption will be driven by the power sector in 2025, with limited growth from petrochemicals.

B.Grimm Power has imported 65,000 tons of LNG, making it the first private company in Thailand to distribute LNG to small power producers. This move supports the government's natural gas liberalization efforts aimed at reducing electricity costs.