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.

June 20th 2018
Battery Boom: Wind And Solar Can Generate Half Of Worldwide Electricity By 2050

Coal is to shrink to just 11% of global electricity generation by mid-century, from 38% now, as costs shift heavily in favour of wind, solar and batteries. Wind and solar are set to surge to almost “50 by 50” – 50% of world generation by 2050 due to reductions in cost. “Cheap battery storage means that it becomes increasingly possible to finesse the delivery of electricity from wind and solar so that these technologies can help meet demand even when the wind isn’t blowing and the sun isn’t shining. The result will be renewables eating up more and more of the existing market for coal, gas and nuclear.”

June 18th 2018
IET’s Renewable Power Generation Conference Comes To Copenhagen

The Institution of Engineering and Technology’s popular Renewable Power Generation conference will be making its first visit to Denmark this year. The conference, now in its 7th iteration, will be hosted by the Center for Electric Power and Energy at DTU, which also manages the world-class experiment platform for research and development of renewables integration – PowerLabDK. Over 180 new research papers will be presented at the conference. Attendees will be able to find out the latest ideas and thinking around wind power plant modelling and control; wave and tidal energy; renewable energy forecasting; power conversion and grid interaction; Hybrid systems combining multiple energy sources; the impact of distributed generation and use of HVDC.

June 14th 2018
Major Wins For Solar As EU Increases Renewable Energy Target

The European Parliament, European Council and European Commission have agreed to a binding 32% EU renewable energy target for 2030, up from the original proposal of 27%. James Watson, CEO SolarPower Europe commented ‘The deal is a good one for solar. We see a much more ambitious target than was expected just a few months ago and importantly we have a strong framework for self-consumption and prosumers. Households wake up this morning with the knowledge that they will have a new right – the right to self-generate, consume and store the energy they produce. This is a major achievement.

December 27th 2017
Rooftop PV Presents a $23 Billion Opportunity in India Over The Next 5 Years

India is accelerating development of renewable energy projects to provide cheap, reliable and clean power to its 1.3 billion people. The country’s per-capita on-grid electricity consumption has increased significantly over the four years; due to increased industrial activity, higher uptake of electrical appliances by residential electricity users and the addition of new consumers to the grid. During this period, the cost of electricity from rooftop PV has halved, due to fierce competition in the market and a drop in equipment prices. In contrast, average retail electricity rates have increased by 22% in the same period. This has made rooftop PV cheaper than commercial and industrial grid tariffs in all major states in India.

June 20th 2018
Growth Of Renewables In Peru As Enel Opens Largest Wind Farm In Country

Enel is now Peru’s leading renewable energy generator with around 1.1 GW of installed capacity following the commissioning of Wayra I which, with more than 132 MW, is now Peru’s largest wind farm. Built in approximately a year and comprising 42 wind turbines of 3 MW over each, it’s expected to produce 600 GWh per year; enough to avoid the annual emission of over 285,000 tonnes of CO2 into the atmosphere. The energy generated by the wind farm is being delivered to the Peruvian transmission grid (SEIN) through the Poroma substation. The project is supported by a 20-year energy supply contract with Peru’s Ministry of Energy and Mines.