Insight
Thailand’s Power Development Plan 2018 sidelines coal and wind
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
On 24 January 2019, Thailand’s National Energy Policy Council (NEPC) finally approved the country’s much-anticipated Power Development Plan for 2018-2037 (PDP 2018). Compared with the previous PDP released in 2015, four key differences stand out: • The share of gas in the fuel mix is significantly higher while coal has been further sidelined. • Solar and domestic hydropower are targeted, but remain lower than our expectations. • Wind targets, despite having reasonably good potential, are extremely low. • Lower imports are replaced by domestic hydro. In the insight, we present an in-depth analysis of the PDP 2018 and its implications.
Table of contents
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Executive summary
- Coal reduction will have affordability implications
- Higher ambition for solar given challenges
- Hydropower shifts from imports to domestic
- Wind power takes a surprising turn
- What about pumped-storage hydropower and batteries?
- Other key changes
- Conclusion
Tables and charts
This report includes the following images and tables:
- Comparison of Thailand power development plans and Wood Mackenzie's forecasts
- 2037 capacity mix (PDP 2018)
- 2037 capacity mix (Wood Mackenzie)
- Generation Mix (2037)
- Thailand LCOE
What's included
This report contains:
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