Thailand grid-side 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.

Does Hitachi ABB power grids have a battery energy storage system?

“Hitachi ABB Power Grids’ battery energy storage system (BESS) is a critical part of Impact Solar Group’s plans to develop a more sustainable and resilient industrial park, said YepMin Teo, senior vice president, Asia Pacific, Hitachi ABB Power Grids, Grid Automation.

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.

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.

What is Thailand's energy transformation plan?

The project is a prime example of the energy transformation underway across Thailand, as the nation sets a new renewable target of 30 percent of total final energy consumption by 2036 in its Alternative Energy Development Plan.*

Why do some solar projects in Thailand have non-firm PPAs?

Many solar projects in Thailand have non-firm PPAs in place due to a lack of storage on site. Arrangements, including BESS, reduce the strain on power grid infrastructure and allow for better planning. On the downside, these do not improve grid stability, nor do they provide power generators with more pathways to increase revenue.