Power move: Energy Ministry to introduce National Energy Plan

[webfact]

The Energy Ministry announced yesterday that it is gearing up to unveil the National Energy Plan 2024 in September. This comprehensive strategy promises to revolutionise Thailand’s energy landscape with the introduction of nuclear plants and a pledge to cap electricity costs at under 4 baht per unit.

 

The Energy Policy and Planning Office (EPPO) revealed that this master plan will serve as a blueprint for both public and private sectors, aiming to secure the nation’s energy future, hit the net zero target by 2065, and align with international regulations and trade agreements.

 

Weerapat Kiatfuengfoo, EPPO Director-General, highlighted that the National Energy Plan will integrate five crucial energy-related strategies to ensure cohesive progress. These include the Power Development Plan (PDP) for 2024 to 2037, the Alternative Energy Development Plan (AEDP), the Energy Efficiency Plan (EEP), the Gas Plan, and the Oil Plan.

 

The PDP and EEP plans are set to undergo a public hearing process from June 12 to 13, offering a platform for public input and engagement.

Weerapat emphasised that PDP 2024 will prioritise bolstering the nation’s energy security, reducing environmental impacts, and maintaining energy costs below 4 baht per unit to ease the financial strain on citizens and businesses alike.

 

He also noted the ambitious goal of enhancing power stability, targeting a Loss of Load Expectation (LOLE) of under 17 hours per year. The plan includes the development of advanced power plants, such as pumped storage hydropower facilities and small modular reactors (SMR), reported The Nation.

 

“SMR represents a leap forward in energy stability, combining modern technology with enhanced safety and reduced spatial requirements. Our initial capacity for these nuclear plants will be set at 600 megawatts.”

 

Thailand’s future energy needs are projected to soar, with power consumption expected to climb to 55,000 to 56,000 megawatts by 2037 from the current 36,000 megawatts. To meet this surge and minimise environmental impact, the share of renewable energy will rise from 36% to 51% by 2037.

 

by Puntid Tantivangphaisal

Photo courtesy of The Nation

 

Source: The Thaiger 2024-06-08

 

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[watchcat]

4 hours ago, webfact said:

This comprehensive strategy promises to revolutionise Thailand’s energy landscape with the introduction of nuclear plants and a pledge to cap electricity costs at under 4 baht per unit.

 

Who would live with thai made nuclear plants around the corner, just to save a bit of money (we pay about 4 + baht at the moment).

[Peterphuket]

Huh, under 4 thb/unit?
Then it's almost time I removed the solar panels from my roof.

[hotchilli]

6 hours ago, webfact said:

The Energy Ministry announced yesterday that it is gearing up to unveil the National Energy Plan 2024 in September. This comprehensive strategy promises to revolutionise Thailand’s energy landscape with the introduction of nuclear plants and a pledge to cap electricity costs at under 4 baht per unit.

[newbee2022]

6 hours ago, webfact said:

The Energy Ministry announced yesterday that it is gearing up to unveil the National Energy Plan 2024 in September. This comprehensive strategy promises to revolutionise Thailand’s energy landscape with the introduction of nuclear plants and a pledge to cap electricity costs at under 4 baht per unit.

 

The Energy Policy and Planning Office (EPPO) revealed that this master plan will serve as a blueprint for both public and private sectors, aiming to secure the nation’s energy future, hit the net zero target by 2065, and align with international regulations and trade agreements.

 

Weerapat Kiatfuengfoo, EPPO Director-General, highlighted that the National Energy Plan will integrate five crucial energy-related strategies to ensure cohesive progress. These include the Power Development Plan (PDP) for 2024 to 2037, the Alternative Energy Development Plan (AEDP), the Energy Efficiency Plan (EEP), the Gas Plan, and the Oil Plan.

 

The PDP and EEP plans are set to undergo a public hearing process from June 12 to 13, offering a platform for public input and engagement.

Weerapat emphasised that PDP 2024 will prioritise bolstering the nation’s energy security, reducing environmental impacts, and maintaining energy costs below 4 baht per unit to ease the financial strain on citizens and businesses alike.

 

He also noted the ambitious goal of enhancing power stability, targeting a Loss of Load Expectation (LOLE) of under 17 hours per year. The plan includes the development of advanced power plants, such as pumped storage hydropower facilities and small modular reactors (SMR), reported The Nation.

 

“SMR represents a leap forward in energy stability, combining modern technology with enhanced safety and reduced spatial requirements. Our initial capacity for these nuclear plants will be set at 600 megawatts.”

 

Thailand’s future energy needs are projected to soar, with power consumption expected to climb to 55,000 to 56,000 megawatts by 2037 from the current 36,000 megawatts. To meet this surge and minimise environmental impact, the share of renewable energy will rise from 36% to 51% by 2037.

 

by Puntid Tantivangphaisal

Photo courtesy of The Nation

 

Source: The Thaiger 2024-06-08

 

Get our Daily Newsletter - Click HERE to subscribe

Is it possible to become more stupid as they are? Yes, it is.

A nuclear plant costs appr 30-50 billion Dollar and construction takes appr 5-10 years from planning.

Is this the reason now to scrap money wherever possible?

Why you can't use Solar energy????

There must be very big brown envelopes, the biggest ever for the biggest losers.👎

[Srikcir]

9 hours ago, webfact said:

introduction of nuclear plants

The current population of South-Eastern Asia is 692,279,782 as of Friday, June 7, 2024.

Yet, Southeast Asia has no nuclear plants in commercial operation to date.

• "Currently (2023), ASEAN’s rising energy demand has been met by increasing the usage of fossil fuels, which constitute about 80% of the regional energy mix.." "If ASEAN were to continue to rely mainly on fossil fuels for its development, this would have serious consequences for the environment and would also mean that none of the ASEAN member states would be able to meet their net-zero targets." https://www.eu-asean.eu/wp-content/uploads/2023/04/Energy-Transition-in-ASEAN-2023_5-April-2023.pdf

ASEAN can do better.

[OldmanJ]

I don't want Thai or Chinese made nuclear plants near my residence,I will be moving quick smart as neither have much of a safety reputation in my opinion. 

[Gulfsailor]

31 minutes ago, OldmanJ said:

I don't want Thai or Chinese made nuclear plants near my residence,I will be moving quick smart as neither have much of a safety reputation in my opinion. 

Yeah, those Chinese reactor sure are unsafe compared to western reactors. Maybe you should add China to this list of countries that had nuclear accidents…
https://en.m.wikipedia.org/wiki/List_of_nuclear_power_accidents_by_country

[rickudon]

The fact that China is not on the list is disturbing. The likelihood of never even having had a minor accident is small, they have 55 nuclear power plants. I guess the first we will know about a major incident will be like Chernobyl, when the radiation monitors in your country go off.