How can countries bring clarity and confidence to achieve their energy transition?
In 2021, Thailand set the target in its National Energy Plan to achieve a 50% renewable energy share in new power capacity.
The expected transformation of Thailand’s power sector will be a tremendous task which could make a real impact in a country where the energy sector makes up approximately 70% of all greenhouse gas emissions. While climate pledges are a pivotal start, cannot stand alone. Without clear trajectories, immediate action can be unnecessarily put off. A detailed roadmap can put the various cogs in motion and drive Thailand's energy transition forward.
As a long-standing partner, the UK Foreign Commonwealth and Development Office wanted to support Thailand’s Energy Policy and Planning Office in spurring the country’s energy transition. It commissioned the Carbon Trust to outline a detailed roadmap on how Thailand could meet its renewable energy target through immediate-, short-, medium- and long-term actions.
Delving into the different drivers of the energy transition
To create a roadmap that could be implemented across industries, gaining a bird's-eye view of Thailand's energy sector and transition objectives was important. This meant looking beyond policies and regulations, acknowledging infrastructure needs, skills gaps and labour readiness. As such, it is imperative to hear from private and public parties. As a technical partner, we:
* The proposed recommendations seek to overcome Thailand's barriers to a fast energy transition, such as:
- Unclear targets and trajectories: There must be clear trajectories, emphasising individual responsibilities so parties work towards the same targets.
- Obsolete regulatory and contractual clauses: For the private sector to actively participate in a country’s transition, enabling investment and creating revenue opportunities are necessary.
- Lack of infrastructure: Plans need to be put in place to maintain grid stability and ensure the offtake, transport and supply of renewable power.
- Working in siloes: Greater collaboration and coordination between market players will strengthen learning and accelerate innovation.
Steering the direction of Thailand’s energy transition
As countries set Nationally Determined Contributions (NDCs) and make further climate pledges, backing commitments with implementation plans is critical. The roadmap brings a new level of clarity. It details how Thailand can ramp up its renewable power share and divide responsibilities. In doing so, it:
The Carbon Trust's robust analysis and recommendations towards Thailand's renewable energy ambitions form an essential part of the UK government's support around the formulation of evidence-informed policy. The team's realistic mindset and its wide lens of the energy transition made the Carbon Trust the right technical partner for us. They clearly understand how different elements across the energy transition interplay.
We want to thank the Foreign, Commonwealth and Development Office, Government of the United Kingdom for funding this project. The views expressed in our recommendations do not necessarily reflect the official policies of the Government of United Kingdom.