Energy plan for 2021 targets more than Bt127bn in private investment

Energy plan for 2021 targets more than Bt127bn in private investment 

By The Nation

Energy Minister Supattanapong Punmeechaow, centre, outlines policies for 2021.

The Energy Ministry on Monday outlined its 2021 mission to strengthen Thailand's energy sector.

Minister Supattanapong Punmeechaow said the ministry would ask the Cabinet to approve a national energy plan that sets clear directions for private investment.

The ministry will also set a clear policy to reduce the electricity reserve, as well as further liberalising the natural gas and power sectors.

It will also promote more investment in electric vehicles and prepare a new bidding round for petroleum exploration concessions.

The ministry will stimulate sales of B10 diesel and set E20 gasohol as base-grade fuel.

The plan will also hasten establishment of community power plants with capacity totalling 150 megawatts.

The minister added that energy policies next year are expected to generate investment of Bt127.932 billion.

Source: https://www.nationthailand.com/business/30400367