State-run utility EGAT has signed an MoU with Hawaii Natural Energy Institute to measure and study the ability of Thailand's grid to integrate renewable energy. The MOU is applicable for a two-year period and will cover education, training, workshops, and exchange programs such as study tours or site visits.
Thailand is the top performer for Asia in solar and wind power development, but regulatory reform is needed to see it optimize on its potential. The government is targeting 40 percent electricity generation from renewables by 2036, with new regulations expected to permit the sale of excess solar power back to the grid, but the private sector is being held back by existing regulations.
Most of the world's energy systems have become more accessible and more secure but not any greener, a study by the World Economic Forum found. The study looked at the energy systems of 114 countries which accounted for more than 98 per cent of global gross domestic product, focusing on their electricity grids as well as fuels for transport and cooking.
Thailand's Siam Cement Group has developed a solar generating system designed to float on reservoirs, which are commonly used to serve factories in the country's predominantly flat central region. The system is aimed at companies seeking new energy sources for their operations, helping to generate power for factories which have their own ponds or reservoirs and want to use them as sites for power generation.
Long regarded as a laggard in the fight against climate change, India is building massive solar stations at a furious clip, helping to drive a global revolution in renewable energy and reduce its dependence on coal and other carbon-spewing fossil fuels blamed for warming the planet. India this month hosted the inaugural conference of the International Solar Alliance, an organization aiming to raise $1 trillion to promote solar generation.
The heads of around 40 countries landed in India recently for the first official summit of the International Solar Alliance (ISA), a non-profit treaty-based group of 121 countries promoting the use of solar energy. With ISA headquarters in India, the country has the opportunity to take charge of leading the global energy transformation.
According to a recent IRENA report, a combination of increasing population, higher incomes and rapid urbanization has resulted in high energy consumption levels across Southeast Asia. In addition to the obvious environmental implications, the IRENA report points out that transitioning to renewable energy strengthens the regional economic growth plan as well.
Thailand’s Department of Alternative Energy Development and Efficiency (DEDE) plans to promote an on-grid solar rooftop scheme as part of plans to maximise usage of solar panel power generated by private companies. Investors could receive solar rooftop licences by mid-2018 to sell excess power to MEA and PEA.