ees 2019
8 December 2017 2017 09:30 AM GMT

By 2036, Clean Energy Can Account for 37% of The Energy Mix For Thailand

With a stronger and more ambitious energy development plan, Thailand’s share of renewable energy in total final energy consumption could surpass its national target by a quarter and reach more than 37 percent by 2036, according to a new report published by the International Renewable Energy Agency (IRENA) and the Ministry of Energy of Thailand.

Renewable Energy Outlook: Thailand finds that decreasing imports of fossil fuels and increasing the share of renewables in the energy mix to 37 percent would improve energy security and reduce the cost of Thailand’s energy system by USD 1.2 billion annually by 2036. An additional USD 8 billion per year could be saved in avoided externalities from environmental and health-related costs of fossil fuels. Thailand currently relies on imported energy for more than half of its energy supply, a proportion that is likely to increase further as its proven reserves of oil and gas diminish and its energy demand continues to grow.

“Thailand, like other Southeast Asian nations, stands at an important crossroads in its energy future, as its growing economy is set to fuel energy demand growth of close to 80 percent over the next two decades,” said IRENA Director-General Adnan Z. Amin. “Accelerating the deployment of renewable energy in Thailand can underpin a period of sustainable economic growth that decarbonises the energy system while also lowering costs, creating jobs and improving energy access across the country,” continued Mr Amin. “The switch to renewable energy represents more than just an energy transition in Thailand – it can support a complete economic transformation.”

The report also emphasises the importance of developing a portfolio of different renewable energy sources in Thailand’s energy mix that can complement each other in resource availability. It shows the country can expand its use of indigenous solar, wind and bioenergy resources across power generation, thermal uses and transportation.

The report offers five main recommendations for Thailand:

  • Increasing the role of solar photovoltaic (PV) and wind power in its energy mix;
  • Scaling up the use of solar thermal technologies in water heating and end-use sectors;
  • Developing mechanisms to ensure effective thermal use based on renewable energy sources;
  • Ensuring reliable, high-quality, affordable supply of biomass fuels while diversifying incomes for local farms;
  • Devising a long-term transportation development plan focusing on electric or renewable-based vehicles and fuel types.

Renewable Energy Outlook: Thailand, is the first undertaking from IRENA that combines the methodologies of both REmap and Renewables Readiness Assessments (RRA). While REmap determines the potential for countries to ensure an affordable and sustainable energy future and RRA is a country-initiated process that identifies short- and medium-term actions for the rapid up-scaling of renewables.

December 11th 2018
Corporate Sourcing of Renewables Growing, Taking Place in 75 Countries

Companies in 75 countries actively sourced 465 terawatt hours (TWh) of renewable energy in 2017, an amount close to the overall electricity demand of France, according to a new report from the International Renewable Energy Agency (IRENA). With the continued decline in the costs of renewables, the report suggests, corporate demand will continue to increase as companies seek to reduce electricity bills, hedge against future price spikes and address sustainability concerns.

December 3rd 2018
EU Approves Ambitious Energy Efficiency Goals, Encourages Clean Energy Feed-In

Europeans will now be entitled to consume, store and sell the renewable energy they produce in line with ambitious targets set by the EU. The targets are to be reviewed by 2023, and can only be raised, not lowered. By making energy more efficient, Europeans will see their energy bills reduced. In addition, Europe will reduce its reliance on external suppliers of oil and gas, improve local air quality and protect the climate. For the first time, member states will also be obliged to establish specific energy efficiency measures to the benefit of those affected by energy poverty. Member states must also ensure that citizens are entitled to generate renewable energy for their own consumption, to store it and to sell excess production.

November 27th 2018
Solar And Wind Provide 100% Of New Generating Capacity Additions In September

US – According to an analysis by the SUN DAY Campaign of data just released by the Federal Energy Regulatory Commission (FERC), solar and wind were the only energy sources adding new capacity to the U.S. electricity generation mix in September. Three “units” of new wind accounted for 363-MW while nine units of solar provided 339-MW.

August 10th 2018
Major Role For WorleyParsons’ Advisian On World’s Largest Solar Power Project

Noor Energy 1 has appointed Advisian, the global consulting firm of WorleyParsons, as Owner’s Engineer for the concentrating solar power (CSP) fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park in Dubai. The 700MW project will be the largest of its kind in the world and as an Owner’s Engineer, Advisian will protect the owner’s interests by ensuring all contractors are adhering to project specifications. It will also provide a review of the basic and detailed engineering, manage risk and provide technical support during construction & commissioning of the plant.

November 28th 2018
Wind: China Maintains Emerging Markets Top Spot Following 19.7GW Build Boom

Wind industry intelligence service A Word About Wind has launched its Emerging Markets Attractiveness Index report for 2018, which provides insight and analysis into the most attractive emerging markets for wind companies. The index, now in its second year, ranks the top 30 emerging markets that investors should consider when investing in wind in Europe, Africa, Asia and Latin America. The list considers factors including political and economic stability for investors, alongside the growth of electricity demand and potential for wind growth, in order to rank the countries by overall potential. As with last year’s report, China tops the list and the ongoing trade war with the US shows no sign of slowing China’s formidable growth.

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