Thailand Electric Power Sector Report 2023-2024

At the United Nations Climate Change Conference (COP26) in November 2021, Thailand announced its goal to achieve carbon neutrality by 2050. The Power Development Plan 2018, Revision 1 (PDP2018, Revision 1), which was updated in October 2020, outlined the goals and policies for the inclusion of renewable energy sources in the energy mix of the country. According to its national energy policy, Thailand expects demand for electricity to reach 277,302 GWh by 2027 and 367,458 GWh, by 2037. Increasing demand for power by the nation and the goal to achieve carbon neutrality prompted the government to embark on a dynamic plan that would reduce Thailand's dependence on fossil fuels, while increasing the contribution of renewable energy to half of the current generation. As renewables take a more important role in the energy mix, natural gas would be replaced as a primary power source.

This report provides a complete and detailed analysis of the "Energy and utilities" sector for Thailand. EMIS Insights presents in-depth business intelligence in a standard format across countries and regions, providing a balanced mix between analysis and data.

What this report allows you to do:

• Understand the key elements at play in the "Energy and utilities" sector in Thailand
• Crystallise the forces both driving and restraining this sector in Thailand
• Ascertain Thailand’s position in the global sector
• Build a complete perspective on sector trade, investment and employment
• Understand the competitive landscape and who the major players are
• View M&A activity and major deals
• Gain an understanding of the regulatory environment for the sector in Thailand.
• Build a clear picture of trends, output and consumption for specific sub-sectors