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Carbon Neutrality Commitments To Facilitate RE Growth In Thailand

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Thailand will experience good growth in non-hydro renewable sources (biomass, solar, geothermal, wind) which is what the country aims at achieving. At COP26 Glasgow, the Prime Minister of Thailand Prayut Chan-o-cha pledged to achieve net-zero emissions by 2065.

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Bio-circular Green (BCG) economy model was introduced by the prime minister for sustainable economic development. BCG model focuses on biomass resources for generating power.

With the Alternative Energy Development Plan 2018-37 (AEDP), Thailand will develop renewable resources in the power sector and has set an aim of 18.7 gigawatts of non-hydroelectric renewables by 2037. AEDP is also supported by Power Development Plan 2018-37 (PDP) that targets for 37% power mix by 2037 to come from non-fossil fuel energy sources.

The capacity of non-hydroelectric renewables is expected to reach 17.2GW by the end of 2030 from 9.7GW by the end of 2021 which averages 6.8% yearly growth.

Solar and biomass power will be the main driving forces in the growth of renewables and the advancement of climate plans. This will also make sure that the country stays South East Asia’s best performer in the renewable energy sector.

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On October 31, 2021, the largest floating hybrid solar power plant in the world, on Sirindhorn Reservoir in Ubon Ratchathani province, with a capacity of 45 megawatts started its operation. Prasertsak Cherngchawano, a deputy governor of Power Plant Development and Renewable Energy at the Electricity Generating Authority of Thailand (EGAT) stated plans for another smaller floating solar project in northern Thailand.

EGAT anticipates that these projects will contribute 2.7 GW of capacity in the power sector. But the dependency on fossil fuel for power is still a big challenge for a reduction in carbon emissions. The power sector of Thailand is highly dependent on fossil fuels and it accounts for 78.7% of the power mix.

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