Critics argue that a policy to boost renewable energy, as currently framed, disproportionately favours large energy conglomerates over smaller players
[BANGKOK] Thailand’s new government is preparing to approve a transformative Power Development Plan (PDP) in October, aiming to catapult renewable energy (RE) from 22 per cent of the country’s power supply to an ambitious 51 per cent by 2037.
The updated policy, a key step towards achieving carbon neutrality by 2050 and net-zero emissions by 2065, aims to align the country’s domestic energy goals with its international climate commitments.
The urgency of the plan is underscored by external pressures, notably the European Union’s Carbon Border Adjustment Mechanism (CBAM), which will impose carbon tariffs on emissions-intensive imports from 2026.