SIPET: The Myanmar flag proudly symbolizes progress and unity in the evolving Energy Transition of Southeast Asia Myanmar Coming soon
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SIPET: Malaysia's flag in the Energy Transition of Southeast Asia signifies progress and unity Malaysia Coming soon
Energy Transition Southeast Asia - Addressing Barriers to Clean Energy Adoption Brunei Darussalam Coming soon
Singapore flag representing Energy Transition Southeast Asia supported by SIPET Singapore Coming soon
Thailand flag representing Energy Transition Thailand and SIPET

COUNTRY PAGE - THAILAND

Thailand is the second largest economy in Southeast Asia, where the main industrial outputs are tourism, textiles and garments, and agricultural processing. Thailand’s power sector is mainly centralized with the Electricity Generating Authority of Thailand (EGAT) as the primary authority for generation and transmission. Distribution of electricity is conducted by the Metropolitan Electricity Authority (MEA) and Provincial Electricity Authority (PEA). Power supply is predominately based on fossil-fuels dominated by natural gas. Their current target is to have 37% renewable generation capacity in 2030, which is deemed a challenge due to continual rise in demand.

POWER SECTOR SNAPSHOT

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Thailand

Unlike the power sector of other major economies in Southeast Asia (Indonesia, Vietnam, Philippines) that rely heavily on coal for electricity generation, the Thai power sector is dominated by natural gas (54% of generation in 2021). This is mainly due to the availability of the resource and its exploration in the Gulf of Thailand, which has gradually increased since the 1980s. Coal (17%) and imports (16%) however also played an important role in the power supply in 2021. Other renewables, including wind, solar and biomass have increased in recent years and generated 10% of Thailand’s electricity in 2021.

The main share of power is used for the country’s large industry sector (45%), followed by households (29%) and services (22%).
Generation by Fuel
Emissions by Fuel
Demand by Sector

POWER TRANSITION PROGRESS TOOL

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Thailand

ET PROJECTS IN INDONESIA

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UPCOMING EVENTS

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Thailand
Asia Sustainable Energy Week

Asia Sustainable Energy Week 2025 (ASEW) is a platform for energy entrepreneurs, industrialists, and investors to explore new business opportunities and drive Asia's clean energy transition. Bringing together industry leaders, manufacturers, and buyers, the event will showcase advancements in renewable energy, energy efficiency, and emerging solutions like energy storage.

02-JUL-2025 Find out more
Training on Grids and System Integration of Renewables

Agora Energiewende hosts a three-day training workshop, “Breaking the gridlock: grid development, power system operations, and integrated planning for the energy transition,” focused on sharing Agora’s expertise on grids and renewable integration for Asia’s energy transitions.

The introductory training programme is designed to grow participants’ ability to shift narratives in public discourse around power system reliability and the role of power grids (transmission and distribution) and grid-supporting technologies, such as storage, in transforming energy systems. The training will lay out what is needed for grids and power systems to drive the energy transition forward more affordably and reliably and empower participants to actively shape policy debates.

The training will take place in Bangkok, Thailand. The precise venue will be announced later. The training will be held on two occasions in June, limited to 20 participants per cohort:  

17-19 June 2025

24-26 June 2025 

*Applicants can only participate during one of the two-time frames listed above.*

The training programme is designed to be a mixture between theoretical lectures, hands-on exercises, group work and inclusive discussions. We strive to create a healthy, safe and informal learning environment, where collaboration is encouraged and where mistakes are celebrated as part of the learning process. Best practices indicate that people learn a lot with and from each other too! 

17-JUN-2025 Find out more

LATEST NEWS

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GAC Energy, PowerVault Partner to Boost Green Energy in Southeast Asia

GAC Energy Technology (Thailand) and PowerVault have partnered to advance green energy in Southeast Asia. Their collaboration focuses on developing integrated energy solutions, including solar power, battery storage, and EV charging infrastructure. The alliance aims to support the region’s clean energy transition and address sustainability challenges through innovative technologies.

4/8/2025 9:20:35 AM | Drishti Chhibber
Thailand plans tax incentives for plug-in hybrids, says official

Thailand plans to offer tax incentives for plug-in hybrid vehicle manufacturing, with the changes to take effect from 2026 if they are approved, Deputy Finance Minister Paopoom Rojanasakul said on Monday.

Under the plans, tax collection would be based on the travel range per battery charge for a vehicle, with lower taxes for a longer travel range, Paopoom said, adding the proposal would be sent to cabinet by April.

*This excerpt is from a news item collated by SIPET as part of its mission to serve as a one-stop platform for information and knowledge exchange about the energy transition in Southeast Asia. For the full news item, click on the link next to 'Further Information' . 

**Photo credit: Wikimedia Commons

3/12/2025 2:39:53 AM | Admin Admin
Households tapping solar power in Thailand

Thailand is making a significant shift towards a green economy, with individuals and households playing an active role in the transition by installing rooftop solar panels. According to research by Kasikorn Research Center (K-Research), the adoption of solar rooftops is expected to continue growing steadily, driven by their cost-effectiveness and increasing marketing efforts by solar providers. Banks in Thailand are also now offering green financial products, including solar rooftop loan packages, to encourage households to embrace sustainability and reduce energy costs.

3/4/2025 6:11:24 AM | Admin Admin
Gulf, Pandora pioneer virtual power pact

The Energy Regulatory Commission (ERC) is continuing with its ERC sandbox by promoting a new pilot renewable power trade project between Gulf Energy Development Plc and Pandora, a Danish jewellery company.

The project focuses on a "virtual power purchase agreement", also known as a VPPA, with Gulf and Pandora jointly pioneering the VPPA.

The two companies recently signed a memorandum of understanding (MoU) for a one-year project to study, develop and implement this renewable power trade.

*This excerpt is from a news item collated by SIPET as part of its mission to serve as a one-stop platform for information and knowledge exchange about the energy transition in Southeast Asia. For the full news item, click on the link next to 'Further Information' . 

**Photo credit: Bangkok Post

2/28/2025 4:28:59 AM | Admin Admin
Eastern solar farm court battle heats up

The Central Administrative Court is being asked to examine a 3.7-billion-baht lawsuit filed by the listed solar farm developer SPCG Plc against the Provincial Electricity Authority (PEA) for allegedly unfairly discontinuing the company's solar farm project in the Eastern Economic Corridor (EEC).

The PEA was asked by the EEC Office in 2019 to plan for a supply of clean energy in the three provinces covered by the EEC, which led to cooperation between the state utility, its wholly owned subsidiary PEA Encom International and SET-listed SPCG.

They jointly set up Set Energy Co, with SPCG as the largest shareholder, to develop and operate the solar farm with a power generation capacity of at least 500 megawatts.

*This excerpt is from a news item collated by SIPET as part of its mission to serve as a one-stop platform for information and knowledge exchange about the energy transition in Southeast Asia. For the full news item, click on the link next to 'Further Information' . 

**Photo credit: Bangkok Post

2/27/2025 6:36:22 AM | Admin Admin

Knowledge Hub

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solar-living-book A study on the recommended policies and regulations pertaining to agrivoltaics in Thailand

Agrivoltaics is the integration of agriculture with solar power generation, achieved by installing solar panels above or between agricultural areas. It is a crucial method for sustainable development in Thailand, offering significant economic benefits such as increased agricultural yields, reduced electricity costs for farmers, efficient land use, and increased solar energy utilisation. This study proposes policy guidelines to promote Agrivoltaics in Thailand, covering the agricultural, energy, and land sectors, as well as other relevant areas, to enable its practical implementation in the future.

Read the Thai language version here

 

solar-living-book Unlocking rooftop solar PV in Thailand: Facilitating policy and financial de-risking instruments

Thailand has huge rooftop solar potential that could offer both benefits of diversifying the country's renewable energy sources and enabling distributed generation at the consumer level through behind-the-metre installations.Despite a surge of rooftop solar PV installations in 2023, driven by high electricity prices, the current adoption rate of rooftop solar PV systems inThailand is still much lower than its vast potential. This gap is due to several policy, regulatory and financial risk barriers. This study systematically identifies the risks associated with rooftop solar PV investment in Thailand  and quantifies these risks’ impacts on financial costs (i.e., the cost of equity and the cost of debt). In addition, the study highlights suggested policy and financial de-risking instruments that can support rooftop solar PV deployment in Thailand.

solar-living-book Fossil Reckoning: Valuation of Coal and Gas Stranded Assets in Thailand

This paper by the Climate Finance Network Thailand evaluates the financial implications of decommissioning coal and gas power plants in Thailand. Using discounted cash flow analysis, it examines three scenarios, highlighting potential stranded asset risks and the need for strategic energy transition planning aligned with climate goals.

solar-living-book Climate Finance for Carbon Neutrality in Thailand

The study presents a comprehensive set of financial policies, mechanisms, and instruments designed to support Thailand's short-, medium-, and long-term carbon neutrality pathway. The report begins with an overview of the global climate finance landscape, investigates Thailand's current position, and concludes with the identification of appropriate financial and economic strategies, measures, and instruments to assist Thailand in achieving its 2050 Carbon Neutral objective in the energy sector.