Thailand battery energy storage

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.

Will Thailand's battery energy storage industry be promoted in 2023-2032?

The Ministry of Energy, through the Energy Policy and Planning Office (EPPO), together with all relevant agencies, has prepared an action plan to promote Thailand's battery energy storage industry in 2023–2032.

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.

Will Thailand become a regional battery manufacturing hub?

The move strengthens Thailand’s EV and energy storage supply chain as the country pushes to become a regional manufacturing hub. China’s leading lithium battery producer Sunwoda has received approval from Thailand’s Board of Investment (BOI) for a THB 50 billion ($1.5 billion) investment in local battery manufacturing.

Who owns the Chai Badan substation – battery energy storage system?

The Chai Badan Substation – Battery Energy Storage System is owned by Electricity Generating Authority of Thailand (100%). The key applications of the project are renewable energy integaration, electric energy time shift and grid support services. Electricity Generating Authority of Thailand is the owner.

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.