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The Potential Role of Carbon Pricing in Thailand's Power Sector
…emissions. This report explores the potential role of carbon pricing in driving emissions reduction in power generation and supporting a clean energy transition in the country.
Building on the understanding of the current power market structure and future development plans, this report leverages on the results from in-depth 2030 power production cost modelling to assess the potential impacts of carbon pricing on power generation dispatch and investment, and the resulting implications on emissions and costs. The recommendations arising from the assessment suggest that carbon pricing can play an active role in reducing the emissions from Thailand's power sector… -
How Hybrid PV Technologies Can Contribute to the Decarbonisation of Thailand's Power System
In the context of COP 26, Thailand announced that it was aiming for net zero carbon emissions in 2050, with peak emissions by 2030. To achieve these targets, as outlined in the IEA’s Net Zero Emissions by 2050 Roadmap, Thailand will first need to decarbonise the power sector, which will in turn support decarbonisation of the transport and buildings sectors through electrification.Thailand’s clean electricity transition is at the heart of the cooperation between the IEA and the Electricity Generating Authority of Thailand (EGAT), supported by the Ministry of Energy in the Kingdom of Thailand (MOEN). Work area one…
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Decarbonisation Pathways for Southeast Asia
G7 report The International Energy Agency (IEA) and the Institute of Energy Economic, Japan (IEEJ) have developed and published long-term decarbonisation pathways for Southeast Asia and Indonesia. This paper provides a comparison of modelling approaches, quantitative drivers, and results from the IEA and IEEJ pathways, highlighting areas of agreement, as well as identifying and explaining differences, and thereby to derive implications. The IEA pathway used in the comparison is the Announced Pledges Scenario (APS) from the World Energy Outlook 2022 and the Energy Sector Roadmap to Net Zero Emissions in Indonesia. The IEEJ pathway is the net zero CO2…
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Southeast Asia Energy Outlook 2022
…to modern energy by 2030 and reduces energy-related air pollution significantly. The NZE Scenario provides a global benchmark against which changes at the regional level can be assessed. The NZE Scenario would limit the rise in global average temperatures to 1.5°C (with a 50% probability).After a scene-setting discussion in the first chapter, the second chapter describes scenario projections across all fuels and technologies. The third chapter analyses four key areas in depth: investment for the clean energy transition, power sector decarbonisation focusing on system flexibility, low-carbon fuels, and the supply and demand of critical minerals.
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Putting a price on carbon – an efficient way for Thailand to meet its bold emission target
…confirmed its nationally determined contribution under the Paris Agreement in 2016, Thailand is implementing various action plans to reach its target of reducing GHG emissions in 2030 to 20.8% below the business-as-usual level. Its National Climate Change Master Plan (2015-50) refers to the carbon market as a potential mechanism to achieve targeted emission reductions in key industries and promote energy efficiency more widely. The upcoming Climate Change Act is expected to outline specific instruments to prepare for a national emission trading system, with a cabinet decision due in 2022.Thailand’s experience of carbon market mechanisms...
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Thailand’s Clean Electricity Transition
How accelerated deployment of renewables can help achieve Thailand’s climate targets Since the publication of its latest Power Development Plan (PDP) in 2020 (PDP 2018 Revision 1), Thailand has considerably increased its emissions reductions objectives, announcing a net zero greenhouse gas emissions target for 2065 and carbon neutrality for 2050. As the power sector is a large part of the country’s emissions, and because it has a key role to play in decarbonising other sectors, meeting these targets is possible only if the power sector is decarbonising too. This report hence analyses how Thailand can achieve its clean electricity…
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Efficient Grid-Interactive Buildings
…are putting additional pressure on existing grids. In response to these challenges, this report explores the opportunities and challenges for efficient grid-interactive buildings in the ASEAN region.Such buildings are becoming a crucial element for the global ambition to attain net zero emissions, as they can combine enhanced energy efficiency, advanced smart digital technologies and decarbonised electricity generation. This integration creates the potential for buildings to shift from energy-intensive consumers to low-carbon prosumers, empowered by digital technologies that can offer flexibility benefits to the electricity grids. With the ability to produce, consume, store, sell and buy energy…
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Status of Power System Transformation 2018: Summary for Policy Makers
Across the world, change is accelerating in power systems driven by the advent of low-cost, abundant wind and solar energy, the rise of distributed energy resources and increasing digitalisation. These factors are leading to a structural shift in the way power systems are best planned and operated. In particular, they call for increased flexibility of power systems. Power system flexibility encompasses all relevant characteristics of a power system that facilitates the reliable and cost-effective management of variability and uncertainty in both supply and demand. A lack of system flexibility can reduce the resilience of power systems, or lead…
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Southeast Asia Energy Outlook 2015
World Energy Outlook Special Report The ten countries that make up the Association of Southeast Asian Nations (ASEAN) are exerting an increasingly important influence on global energy trends. Underpinned by rapid economic and demographic growth, energy demand in the region has more than doubled in the last 25 years, a trend that is set to continue to 2040. Given Southeast Asia’s role as a global growth engine, understanding what is shaping energy markets in this vibrant region and the implications for energy security and the environment is vital for policy makers and anyone with a stake in the energy…
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Status of Power System Transformation 2018
Across the world, change is accelerating in power systems driven by the advent of low-cost, abundant wind and solar energy, the rise of distributed energy resources and increasing digitalisation. These factors are leading to a structural shift in the way power systems are best planned and operated. In particular, they call for increased flexibility of power systems. Power system flexibility encompasses all relevant characteristics of a power system that facilitates the reliable and cost-effective management of variability and uncertainty in both supply and demand.
A lack of system flexibility can reduce the resilience of power systems, or lead…