The Electricity Generating Authority Thailand has turned its back on coal-fired power plants for now after years of fruitless attempts to build them in southern Thailand. Two projects are now on hold, deleted from the just-released draft 2018 Power Development Plan, which sets out the country’s long-range energy goals and ambitions.
The Green New Deal is the most popular policy hardly anyone has heard of yet. Eighty-two percent of Americans say they have heard nothing about the proposal to generate 100 percent of the nation’s electricity from clean sources within the next 10 years. But when asked “how much do you support or oppose” the policies, 81 percent say they somewhat or strongly support the plan.
Thailand's power-generating capacity will be deregulated in the near future, meaning the state-run Electricity Generating Authority of Thailand must compete with private firms at auctions for new large power plants, according to the tentative national PDP. The latest version of the PDP is envisioned as the long-term development plan for the power industry over the next two decades.
20 years ago, no one could have accurately predicted the huge impact that inventions like the smartphone and the World Wide Web would have on humankind. As technology advances at a breakneck pace, the same could be said about blockchain technology, with many governments in the region warming up to the prospect of promoting the integration of this technology into businesses and the public sector.
Environmental watchdog Greenpeace has called Thailand’s PDP 2018 “sugar-coated” despite its embrace of more renewable energy, saying it still hinders efforts to reduce greenhouse-gas emissions. Natural gas would remain the primary fuel for power generation, renewable energy would play a 20-per-cent larger role, and more electricity would be derived from private solar-panel rooftops.
India currently has renewable energy projects of 46,500 MW capacity in the pipeline for capacity addition. This includes projects which are currently under construction and those likely to be offered for bidding soon. India has made a commitment to the world that by 2030, 40 per cent of its electric power generation capacity would come from non-fossil fuels.
According to the Ministry of Industry and Trade in Vietnam, as of August this year, 121 solar power projects with a combined designed capacity of 6,100 MW had been added to the national and provincial power development plans. Of these, EVN agreed to purchase the output from 25 projects.
The Asian Development Bank will invest THB5 billion (US$155 million) in Thai firm B.Grimm Power's maiden 5-year and 7-year green bonds – the first certified climate bonds to be issued in Thailand – in order to finance renewable energy projects in the Southeast Asian country.