What is the 5G infrastructure market in Thailand?

The 5G Infrastructure market in Thailand is a pivotal component in the country digital transformation. With the rollout of 5G networks, Thailand is poised to experience a significant boost in connectivity, enabling IoT, smart cities, and improved mobile services.

How can Thailand manage its energy transition?

Thailand can manage its energy transition and solve the energy trilemma of sustainability, security and affordability by accelerating renewable power additions and grid capacity expansion, while limiting new thermal power capacity addition.

How will Thailand's energy policy affect the energy sector?

As Thailand plans to add significant amount of renewables capacity in the next 13 years, the government would consider more flexible gas power contract. As a result, thermal power plants will likely see their operational hours cut further. This will lead to costlier coal and gas power. Source: BloombergNEF.

Will 5% hydrogen & natural gas be used in Thailand?

Thailand plans to blend 5% hydrogen with natural gas by volume for all gas-fired power plants by 2030. Hydrogen and ammonia do not release CO2 during combustion given the absence of carbon in their molecular chemistry. Still, such approaches entail higher risks and costs than renewables.

What is Thailand's energy consumption in 2023?

Updates-2024.pdfFigure no.2In 2023, Thailand’s primary energy consumption consisted of 83% petroleum (42% natural gas and 41% petroleum products), 14% coal and lignite, and 3% h dropower and imported power.Thailand’s production of petroleum was reduced by 2.72% fr

Will solar power increase Thailand's power generation capacity in 2050?

Under this scenario, Thailand’s power generation capacity grows nearly eightfold from 2024 to 2050. Solar provides two-thirds of the added capacity due to its advantageous economics. Solar alone would provide more than two-thirds of Thailand’s annual electricity generation in 2050 compared to only 16% for gas under the base-case scenario.