Thailand National Energy Plan includes a significant increase in solar energy usage. (Photo: iStock)
To achieve its carbon reduction targets, Thailand is formulating five major energy plans with a total investment of 2.9 trillion baht (about 93 billion USD). Over 50% of this budget will be allocated to renewable and alternative energy, particularly in the field of solar energy, which officials anticipate will be a key driver in future carbon reduction efforts.
National Energy Plan to cut 220 mln tons of carbon emission
The Thai government previously announced that it would launch the National Energy Plan (NEP) in September, with a goal of reducing carbon emissions by 220 million tons by the end of 2030. This plan includes five important sub-plans:
