US and Thailand advance vitality cooperation in latest discussions

The United States and Thailand have just lately agreed to advance energy cooperation during talks in Washington, DC. The Office of the Spokesperson for the US Department of State issued a joint press statement revealing that the discussions occurred through the third US-Thailand Energy Policy Dialogue, held from April 18 to April 20. Both nations aimed to deepen their ties on energy cooperation, with discussions led by Assistant Secretary for the Bureau of Energy Resources (ENR), Geoffrey Pyatt, alongside Thailand’s Permanent Secretary for Energy, Kulit Sombatsiri.
As a result of these discussions, the two countries agreed to develop a mechanism that may construct on the dialogue to advance clean energy cooperation within the coming 12 months. The ENR is answerable for main the State Department’s efforts in crafting and implementing worldwide energy insurance policies. Through diplomatic and programmatic engagements, they promote a low-emissions future, power security for the US and its allies, and financial prosperity through sustainable, inexpensive, and reliable vitality entry.
The statement highlighted the dedication of both countries to reinforce Thailand’s power security amidst international and regional energy market pressures. They aim to encourage open markets and scale back limitations to wash energy development and commerce. Additionally, the 2 nations resolved to extend vitality effectivity, strengthen clear energy provide chains for electrical automobiles and their batteries, and capitalise on opportunities for energy-related investment and trade underneath the US Inflation Reduction Act.
During the dialogue, representatives mentioned a plan to accelerate renewable energy funding beneath the Clean Energy Demand Initiative and assessed progress made in the Japan-US-Mekong Power Partnership (JUMPP). Backed consists of the release of the JUMPP Action Plan on April 6 and US Vice President Kamala Harris’ announcement in November 2022 requesting as much as US$20 million (676.1 million baht) in additional funding for JUMPP from the US Congress.
The ENR’s power sector programme, JUMPP, offered technical help in support of Thailand’s plans to broaden cross-border electrical energy trade, deploy renewable vitality and battery storage, develop electric vehicle technique, enhance market transparency, and more. The two countries additionally moved ahead with initial talks exploring opportunities beneath the Japan-US Clean Energy Partnership..

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