Ember calls for Thailand to add 32GW of new capacity to its existing solar deployment targets. Image: Sungrow. Adding 32GW of new solar capacity, plus 15GWh of batteries, to Thailand’s power generation deployment targets could cut power generation costs by as much as US$1.8 billion.
This effort aims to stabilize the clean energy supply, supplementing solar and wind power, which are subject to weather fluctuations. Egat''s feasibility study focuses on implementing pumped storage hydropower (PSH) technology at the dams. Deputy Governor Tawatchai Sumranwanich explains that PSH involves two reservoirs at different elevations.
It notes that US$153 billion in new investments will be needed to meet the RPDP targets, and in 2024 imported gas accounted for 40% of gas used in Thailand, up from just over 20% in 2015, and this trend is expected to continue in the years to come.
This is according to the latest report from Ember Climate, ‘Thailand’s cost-optimal pathway to a sustainable economy’, which was published yesterday and calls for the country to expand its renewable energy deployment targets.
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