Global Markets

Gas to make way for coal and renewables in Thai power mix

Thailand is set to increase the share of coal and renewables in its power mix at the expense of gas
By Staff reporter 20 August 2018 0 32215

Thailand is set to increase the share of coal and renewables in its power mix at the expense of gas, according to the Borneo Post.

The country is set to become more reliant on imported LNG as domestic production declines, and the high cost of LNG cargoes means the country will turn to coal and renewables to keep power prices from rising.

Thailand’s current power development plan – which came into force in 2014 – aims for renewables to have a...