Composition of Thailand s outdoor energy storage system

Can Thailand use energy storage?

Although Thailand is a regional leader in renewable energy, its use of energy storage is nascent. EGAT undertook some studies on the potential for energy storage and is piloting three battery energy storage installations. One is located alongside a solar project in Mae Hong Son Province to improve power supply stability.

How much power does Thailand produce?

As of May 2019, Thailand (including imports) had installed generation capacity of 42,835 MW, of which 14,566 MW (34%) was accounted for by EGAT power plants; 14,949 MW (35%) by independent power producers; 9,443 MW (22%) by small producers; and 3,878 MW (9%) by foreign producers of imported power. Energy Policy and Planning Office. 2019.

Does Thailand offer private sector participation in renewable electricity generation?

The Government of Thailand has opened access for private sector participation in the renewable electricity generation business through its programs for small and very small power producers.

Does Thailand have a single-buyer model?

Thailand has adopted a single-buyer model in the power sector, under which the state- owned utility allows limited private sector participation in electricity generation while maintaining control over system planning, operation, and pricing.

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.

Can Bess create business opportunities in Thailand?

Watcharin Boonyarit, director of solar energy development at the Department of Alternative Energy Development and Efficiency, noted the potential for BESS to create business opportunities as Thailand transitions to renewable power sources. “We should not only import BESS but also consider new investment projects in this battery business.”