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Over the period 2021-2023, the power generation sector will grow, supported by greater demand for electricity (a projected rise of 2.8-3.8% per year). In addition, the sector will be driven by the government’s investment support measures under the Power Development Plan and Alternative Energy Development. With this, we anticipate greater investment from players in the rooftop solar, biomass, biogas, and waste-to-energy segments.

Private power generation business will see growth in business through 2019-2021, with electricity demand forecast to rise by an average of 3-3.5% per year. In addition to this strong and reliable demand, on the supply side, players will benefit from government support for investment as specified in the Power Development Plan (PDP), which lays out a regional roadmap for the sector and continues to promotes renewable sources of energy.

Thailand’s power generation industry is structured in line with the enhanced single-buyer model with state bodies being the sole buyers and distributors

Thailand’s power generation industry is structured in line with the enhanced single-buyer model with state bodies being the sole buyers and distributors

In the first half of 2020, the government had rushed to contain the Covid-19 pandemic by imposing a nationwide lockdown that effectively halted

Private-sector electricity generators can look forward to demand growth of 5.0-6.0% annually from 2025 to 2027.

Updated the key Industry Indicator: Ethanol in each industry.By Narin Tunpaiboon

Updated the key Industry Indicator: Ethanol in each industry.By Narin Tunpaiboon

Contains biodiesel, ethanol, oil refinery, power generation and more