Thailand telecommunications energy storage battery

Does Thailand need a battery energy storage system?

Thailand may lack the Battery Energy Storage Systems (BESS) necessary to navigate supply and demand challenges. The 2024 PDP draft included 10,000 MW of BESS, but this may see the country struggle to fulfil carbon neutrality and Net Zero commitments over the coming decades.

What is a battery energy storage system?

Battery energy storage systems (BESS) are essential for buildings and renewable power generation facilities to ensure uninterrupted electricity supply. Renewable sources like solar and wind power are intermittent, and influenced by weather patterns. BESS mitigates this issue by storing electricity for future use.

Could a sodium-ion battery be a new business opportunity in Thailand?

The Federation of Thai Industries’ Renewable Energy Industry Club sees potential in sodium-ion battery (SIB) production as an alternative to lithium-ion batteries. SIBs, made from rock salt, could offer a new business opportunity given Thailand’s abundant rock salt reserves.

How much electricity will Thailand produce in 2024?

These are set to make up 51 percent of the country’s total electricity production, up from 36 percent which was called for in the 2018 PDP. The 2024 PDP draft provided a more detailed breakdown of how Thailand will reach this goal. During the plan’s lifespan, 47,251 MW of new electricity will be sourced with 34,851 MW coming from renewables.

When will Thai electricity project start?

This project is planned to start in April 2022 and will be commercial in December. By then, it can provide clean electricity for Thai people with constant power, help improve the overall stability and security of Thai power grid and quicken Thai’s step to realize the National 4.0 Strategy.

What is Thailand's 2024 Power Development Plan?

Thailand’s 2024 power development plan (PDP) aims to increase renewable energy use, highlighting the importance of BESS alongside solar panels and wind turbines. This could create new business opportunities for entrepreneurs if prices decrease or new technologies emerge for stationary batteries.