News
Thailand
February 11, 2025
Thai government, industry leaders join forces to expand SAF production
To assist the aviation industry in its decarbonization efforts, the Thai government and businesses are focusing on Sustainable Aviation Fuel (SAF). Two major oil companies in Thailand have partnered with Japanese firms to increase raw material supply.
February 04, 2025
Thailand partners with oil companies, university to raise carbon tax awareness
To increase public awareness of the carbon tax, the Thai government has teamed up with Chulalongkorn University and two major oil companies.
February 03, 2025
Thailand's EGCO commits 836 million to expend energy markets including renewables
The Electricity Generating Authority of Thailand (EGTA) announced on Feb. 13, 2024, that its subsidiary, EGCO Group, is planning to invest 30 billion Thai Baht (about 836 million USD) this year. This investment is aimed at adding 1,000 MW of electricity g
January 24, 2025
Thailand launches Utility Green Tariff, offering 2 billion kWh for SMEs
To encourage businesses to use renewable energy, Thailand has officially launched the Utility Green Tariff (UGT), setting the rate at 4.21 THB per kWh (about 0.12 USD), slightly higher than the current rate for conventional electricity.
January 22, 2025
Updated: Thai cabinet approves carbon tax to tackle emissions
Thailand’s cabinet approves a carbon tax rate of 200 baht ($5.88) per ton of carbon emissions. Deputy Finance Minister Paopoom Rojanasakul stated in an official announcement that the carbon tax will be integrated into the existing petroleum tax structure.
January 20, 2025
Thailand’s PM backs electricity rate cuts as elections near
The de facto leader of the ruling Pheu Thai Party, former Prime Minister Thaksin Shinawatra, recently raised the topic of lowering electricity rates, sparking widespread discussion. Most of the proposals are related to renewable energy.
January 02, 2025
Thailand cuts electricity prices to alleviate public burden
As the new year begins, Thailand's newly adopted electricity prices remain high, averaging 4.15 Thai Baht per kilowatt-hour (about USD 0.12). Although this marks a slight reduction compared to 2024, the price remains above 4 Baht.
January 02, 2025
Thailand's healthcare sector takes steps towards sustainability
The healthcare industry is a high energy-consuming sector, contributing 4.4% of global greenhouse gas emissions. In Thailand, many hospitals have adopted electricity usage management systems and energy-saving measures to reduce carbon emissions.
December 23, 2024
Thailand exempts land tax to boost blue carbon in mangrove forests
Recently, Thailand amended tax laws to encourage mangrove restoration, with plans to exempt land taxes on green area, such as mangrove forests, starting in 2025.
December 20, 2024
Why is Foxconn-PTT's EV project struggling in Thailand?
Japan's two major automakers, Honda and Nissan, confirmed they are considering a merger. Soon after, reports emerged that Foxconn is interested in acquiring Nissan, aiming to bolster its brand in the electric vehicle sector.