Thailand’s state grid to ink 5.2GW renewable deals in Q3

The Energy Regulatory Commission (ERC) anticipates that power purchase agreements (PPAs) might be signed with companies chosen to participate within the 5.2-gigawatt renewable power scheme during this year’s third quarter.
The Office of the Attorney General is currently reviewing the authorized elements of the scheme, which incorporates power plant building tasks proposed by one hundred seventy five chosen firms. Following the completion of this scrutiny process, the state grid is expected to sign PPAs with these firms.
Printable consists of the Electricity Generating Authority of Thailand and two state electrical energy distribution arms: the Metropolitan Electricity Authority and the Provincial Electricity Authority. The renewable energy scheme’s 5.2GW capacity contains bio-gas (335 megawatts), wind energy (1,500MW), ground-based solar farms (2,368MW), and ground-based solar farms with vitality storage systems (1,000MW).
The scheme attracted important interest from quite a few firms, with proposed projects totalling nearly 17GW. However, after an public sale, solely 175 companies had been selected, and the whole capacity was decreased to four.85GW. Gulf Energy Development, Thailand’s largest energy producer by market worth, holds the largest share of capacity in the renewable power scheme. Gulf’s 28 projects have a combined capacity of greater than 2GW.
Other chosen firms include Absolute Clean Energy Plc, with 112MW from 18 tasks, Thai Solar Energy Plc, with 100MW from eight projects, and BCPG, the power technology arm of Bangchak Group, with 12MW from five projects. In March, the National Energy Policy Council accredited the second-phase renewable energy scheme, with a total capability of three.66GW..

Leave a Comment