EEC signed a memorandum of cooperation among five agencies to study the guidelines for supporting private power producers to supply clean energy or renewable energy to investment projects in EEC.
EEC estimate a conclusion of the study before the end of the year and the private sector is ready to proceed with construction of the power plant immediately in a bid to supply clean energy to businesses in the EEC in 2026.
Secretary general of the Eastern Economic Corridor Office(EECO) Chula Sukmanop said that EEC has signed a memorandum of understanding for cooperation with five agencies such as the Thai Renewable Energy (RE100) Association, Provincial Electricity Authority, The Association of Private Power Producers(APPP), and the Thailand Development Research Institute ( TDRI ) to study ways to support private power producers to distribute clean energy to business operators in the EEC through the new electrical grid system.
Mr Chula said the study will be focused and consider relevant legal matters such as regulations for requesting permission to set up an electrical grid system,
requesting to use land to build an electrical grid system.
Various regulations and related issues including a study of the cost of building a grid system,
social cost and social benefit. The study will be a model for calculating the cost of building an electric grid system from clean energy in other areas.
2026: expectation to generate clean energy for investors
The study will begin from August – November 2024 for a period of 4 months. Later, the construction of a power plant will begin
and a projection to generate clean energy to supply to business operators in the EEC area in 2026.
Mr Veeradej Tejapaibul, president of the Thai Renewable Energy ( RE 100) Association said in the future,
renewable energy will become the main source of the global energy system. It will play an important role in driving the economy. Creating stable and sustainable jobs
If Thailand will step into Net Zero: must be able to rely on 90% of renewable energy
However, if Thailand steps into the goal of Net Zero must be able to rely on 90% of renewable energy in the power development plan (PDP Plan 2024-2037). In the PDP Plan, it is a requirement to generate a renewable energy of 50% or 30,000-40,000 megawatts.
“The plan is only a battery or electrical storage system of 10,000 megawatts,
and it takes time 13-14 years which is consider still too late.
From the analysis, it was found that if renewable energy is produce 30,000-40,000 megawatts, the battery will need to be increas 2-3 times which will require additional investment within 14 years from now or average per year 100 billion baht.”
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