innovation

Leadership in Energy Innovation 2019 Thailand's Updated Power Development Plan: Energy Roadmap to 2037 Organized by the Canadian Chamber of Commerce Thailand Dear Friends and Colleagues, 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. Keynote Speaker Dr. Veerapat Kiatfuengfoo is the Director Power Policy Bureau at the EPPO, Ministry of Energy. Dr. Veerapat was directly involved in preparing the update to the PDP. His speech will cover the updates to the plan, the direction of energy policy in Thailand generally, as well as what to expect from the Ministry of Energy in 2019 and beyond. Click here for Dr. Veerapat's Biography Members of TEBA and other Chambers are invited to join this event at member price! For more information regarding the event or payment, email pr@thaieuro.biz Meeting Details Date: Wednesday March 6, 2019 Time: 11:30 - 13:30 Venue: Ballroom 2, SO Sofitel Bangkok (MAP) Dress Code: Business Attire / Smart Casual Entry Fee:  THB 1,200 for members of CanCham Thailand and participating chambers THB 1,600 for non-members Note: Entry fee includes three-course meal (western set). CANCELLATION POLICY Reservations not cancelled within 3 business days of the event will be considered as a no-show and invoiced. If the event falls on a Monday or is immediately preceded by a holiday, cancellation is required by the previous business day.