Does Thailand have a nuclear energy plan?

In Thailand’s National Energy Plan (NEP) — a blueprint outlining the country’s energy strategy from 2023 to 2037 — a small portion of nuclear energy is included as one form of alternative energy.

Does Thailand have a surplus of electricity?

Thailand is not lacking in terms of its electricity supply. The country’s power generation capacity exceeded demand by 34 percent in 2022, with a total capacity of 49,099 megawatts, higher than the peak demand of 32,250MW. The surplus comes from the over-projection of energy demand by policymakers. The surplus is transferred to consumers.

What is Thailand's energy consumption?

Oil has been the dominant fuel in Thailand’s final energy consumption, accounting for 42.1 Mtoe or a 49.4% share in 2017. Electricity was the second-largest energy fuel, accounting for 15.0 Mtoe, or a 17.6% share in 2017. Oil is expected to remain the largest final energy source throughout the projection period.

Does Thailand have a 5 GW Power Purchase Agreement & feed-in tariff scheme?

Since the introduction of Thailand’s 5 GW Power Purchase Agreement (“PPA”) and Feed-in Tariff (“FiT”) scheme in 2022, the country has made significant strides towards renewable energy transition.

How will energy eficiency affect Thailand's economy?

Furthermore, with Thailand’s energy eficiency programmes in a wide range of areas (including industry, transportation, and residential sectors), and high oil prices in the world market, a further decline in the energy intensity of the Thai economy is to be expected.

Is Thailand balancing environmental sustainability with energy security and economic feasibility?

As Thailand moves forward with its revised Power Development Plan for 2024, the nation stands at a crossroads of balancing environmental sustainability with energy security and economic feasibility.