27 Dec '17, 3pm

Report from IRENA Suggests Renewables Can Account for 37% of Thailand’s Energy by 2036 https://t.co/bzizwMo0hF

Thailand has set a renewable energy target of 30% of total energy consumption by 2036 in its Alternative Energy Development Plan (AEDP) 2015. However, according to a new report published by the International Renewable Energy Agency (IRENA) and the Ministry of Energy of Thailand, a stronger and more ambitious energy development plan could raise Thailand’s share of renewable energy in total final energy consumption to more than 37 percent by 2036. Renewable Energy Outlook: Thailand finds that decreasing imports of fossil fuels and increasing the share of renewables in the energy mix to 37 percent would improve energy security and reduce the cost of Thailand's energy system by $1.2 billion annually by 2036. An additional $8 billion per year could be saved in avoided externalities from environmental and health-related costs of fossil fuels. “Thailand, like other Southeast Asia...

Full article: https://www.renewableenergymagazine.com/panorama/report-f...

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