Thai energy company Gulf Energy Development and petroleum and energy conglomerate Bangchak Corporation are committed to promoting clean energy and technology innovations, paving the way for sustainable growth.
Clean energy is a sustainability trend in the energy sector after efforts to reduce carbon dioxide emissions have become a global issue, said Sarath Ratanavadi, chief executive of Gulf.
Gulf initiated coal-fired power plant projects two decades ago, but “we eventually decided to move away from coal and will never look back,” he said. The company has turned to natural gas which is thought to be cleaner than fossil fuel.
