High electricity demand and old power plants
Power estimates were elaborated considering relatively high capital costs (CAPEX) of US$ 1.6m/MWp for PV and US$ 1.7m/MWp for wind. With the current lower CAPEXs, the deployment of wind and solar shall be higher. Also, power energy demand is rapidly increasing in the strong local paper/pulp sub-sector. At the transport level, several high speed train projects shall be realised which have also not been considered in the calculations. Finally, domestic demand will dramatically increase in a country where 23% of the population still uses biomass for cooking.
In addition to this higher power demand, the Thai’s old power fleet needs to be replaced by renewables. Midd-2014, the peak power demand was as high as 27 GW and almost the same amount (25 GW out of the operational capacity 37 GW) needs to be decommissioned.
High electricity demand and old power plantsPower estimates were elaborated considering relatively high capital costs (CAPEX) of US$ 1.6m/MWp for PV and US$ 1.7m/MWp for wind. With the current lower CAPEXs, the deployment of wind and solar shall be higher. Also, power energy demand is rapidly increasing in the strong local paper/pulp sub-sector. At the transport level, several high speed train projects shall be realised which have also not been considered in the calculations. Finally, domestic demand will dramatically increase in a country where 23% of the population still uses biomass for cooking.In addition to this higher power demand, the Thai’s old power fleet needs to be replaced by renewables. Midd-2014, the peak power demand was as high as 27 GW and almost the same amount (25 GW out of the operational capacity 37 GW) needs to be decommissioned.
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