Thailand's Prime Minister Srettha attended "EARTH JUMP 2024: The EDGE of Action" forum. (Photo: Royal Thai Government)
Thailand, which heavily relies on natural gas for power generation, aims to attract foreign investment by boosting renewable energy. Recently, Prime Minister Srettha Thavisin announced at an event, "Thailand will achieve 50% renewable energy by 2040." However, Thailand's green energy share is only 16.61%. How will he achieve this goal? What challenges are there?
Hydropower potential attracts investors
In mid-May, Prime Minister Srettha participated in the "EARTH JUMP 2024: The EDGE of Action" forum hosted by Kasikorn Bank, where he emphasized that global climate change is a significant concern for the government. He noted that during his visits to over 15 countries, he often persuaded foreign investors to come to Thailand by highlighting three main advantages: Thailand's investment incentive policies, its neutral stance in international politics, and its domestic renewable energy potential.
