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Energy and utilities
The Energy sector plays a pivotal role in economic and social development by supplying what might be described as the “flow of blood” to production and transportation systems. Its main objective is to ensure the reliable, affordable and clean energy needed by modern societies, thus contributing to well-being and prosperity around the globe.
The Energy sector involves the generation, transmission and distribution of electricity derived from a variety of sources, including fossil fuels, nuclear power and renewable sources. It also includes activities concerned with fuels themselves, which extend along the entire value chain, such as oil and gas extraction and transportation, coal mining, refining of petroleum products, and wholesaling and retailing of fuels.
ASEAN countries have set ambitious goals to transition away from fossil fuels. Under Phase II of the ASEAN Plan of Action for Energy Cooperation (APAEC), which covers the period from 2021 to 2025, the region has committed to achieving a 23% renewable ...
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Thailand has been developing its renewable energy sector to improve its energy security and diversify away from the fossil fuels that continue to dominate its generation mix. Bioenergy is the largest contributor to Thailand's renewable portfolio, ...
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Thailand's electric power sector is undergoing a shift towards a more sustainable energy architecture in order to meet rising demand and targets to become carbon neutral by 2050. Central to this shift is an aim to reduce the reliance on fossil fuels ...
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The renewable energy sector in the countries forming the Association of Southeast Asian Nations (ASEAN) region is at a critical juncture. While there are strong policy commitments and a clear recognition of the region's vulnerability to climate ...
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Thailand ranks third in ASEAN in terms of renewable energy capacity, contributing 12% of the region's total capacity in 2023, according to data from the International Renewable Energy Agency (IRENA). The country leads in the bioenergy segment, with ...
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