CanCham Thailand in collaboration with Chandler MHM, Ministry of Energy Belgium-Luxembourg, TEBA, Finnish, French, Irish, the Netherlands, Norwegian, Singaporean, South African, Swedish, and Joint Foreign Chamber of Commerce in Thailand would like to invite you to attend the insightful luncheon address “Thailand’s Updated Power Development Plan: Energy Roadmap to 2037” on Wednesday, March 6 at SO Sofitel Bangkok.

Topic for Discussion

Update to Thailand’s Power Development Plan (PDP)

The PDP is part of the government’s long-term strategic blueprint for energy development and is generally updated every 3-4 years. The PDP outlines government policy priorities and allows the Energy Regulatory Commission (ERC) and government-owned utilities to implement concrete regulations and development plans.

On January 23, 2019, the National Energy Policy Council (NEPC) approved revisions to the PDP. The revised PDP, which will cover a period from 2018 to 2037, reportedly contains several targets which are likely to raise the interest of private investors.

The PDP presents numerous opportunities for private investors, including:

• Forecasted growth in renewables
  The PDP envisions renewables comprising 20% of the sources of energy feeding the grid by 2037, with an additional 10% of Thailand’s total energy supply coming from off-grid renewable sources.
• Increased demand for LNG
  Thailand’s reliance on natural gas as a fuel source for electricity generation will continue to rise over the coming two decades.
• New auctions for independent power producers (IPPs)
  The government’s long-term strategy involves the Electricity Generating Authority of Thailand (EGAT) generating a smaller proportion of the country’s electricity.