Market Research Logo

Thailand Power Report Q2 2016

BMI Industry View
Table: Headline Power Forecasts (Thailand 2015-2021)
SWOT
Industry Forecast
Thailand Snapshot
Table: Country Snapshot: Economic and Demographic Data (Thailand 2015-2020)
Table: Country Snapshot: Economic and Demographic Data (Thailand 2020-2025)
Table: Country Snapshot: Power Sector
Thailand Power Forecast Scenario
Hydropower Generation And Capacity Forecast
Renewables Generation And Capacity Forecast
Thermal Generation And Capacity Forecast
Nuclear Generation And Capacity Forecast
Table: Total Electricity Generation Data And Forecasts (Thailand 2014-2019)
Table: Total Electricity Generation Data And Forecasts (Thailand 2020-2025)
Table: Electricity Generating Capacity Data And Forecasts (Thailand 2014-2019)
Table: Electricity Generating Capacity Data And Forecasts (Thailand 2020-2025)
Electricity Consumption
Table: Total Electricity Consumption Data And Forecasts (Thailand 2014-2019)
Table: Total Electricity Consumption Data And Forecasts (Thailand 2020-2025)
Transmission & Distribution, Imports & Exports
Table: Electric Power T&D Losses Data And Forecasts (Thailand 2014-2019)
Table: Electric Power T&D Losses Data And Forecasts (Thailand 2020-2025)
Table: Trade Data And Forecasts (Thailand 2014-2019)
Table: Trade Data And Forecasts (Thailand 2020-2025)
Transmission And Distribution
Industry Risk Reward Index
Asia Risk/Reward Index
Table: Asia Power Risk/Reward Index (Scores Out Of 100)
Thailand Power Risk/Reward Index
Rewards
Risks
Market Overview
Key Policies And Market Structure
Regulation And Competition
Sustainable Energy Policies
Pricing
Thailand Power Projects Database
Table: Thailand - Top Ten Projects By Capacity Type
Competitive Landscape
Electricity Generating Authority Of Thailand (EGAT)
Glow Energy
CLP/EGCO
Ratchaburi Electricity Generating Holding Public Company (RATCH)
Independent Power (Thailand)
Regional Overview
Table: China Power Snapshot
Glossary
Table: Glossary Of Terms
Methodology
Methodology And Sources
Industry Forecast Methodology
Sources
Risk/Reward Index Methodology
Table: Power Risk/Reward Index Indicators
Table: Weighting Of Indicators

Thailand Power Report Q2 2016

BMI View: Thailand's plan to reduce its reliance on gas-fired power generation will create opportunitiesfor alternatives such as coal and renewables, which poses upside risks to our outlook for the country'senergy related infrastructure. We highlight that lower than expected power consumption over the near termmeans such opportunities will begin to have an impact on infrastructure construction only beyond2017-2018 as projects are delayed until demand picks up. We retain a modest growth forecast for 2015 and2016, with power generation set to grow by 3.3% and 3.1% respectively.

Latest Updates And Structural Trends

The largest source of growth in 2016 will be thermal generation, while non-hydropower renewables willbe the fastest growing sub-sector at 11.0%. Meanwhile, the Thai power sector's long-term growth outlookis muted, as the country continues to experience challenges in procuring gas supplies and is clearlymoving towards increasing reliance on electricity imports. We see electricity generation growing at anaverage rate of 3.0% per annum between 2016-2025. Growth will be primarily driven by nonhydropowerrenewable energy generation and coal-fired generation. We see limited scope for expansionin gas-fired generation.

In September 2015, Thailand approved five public-private partnership (PPP) projects worth a total ofabout THB200bn (USD5.5bn) as part of the country's infrastructure development plan from 2015-2020.

The projects will be submitted to the cabinet for authorisation in 2015, according to Deputy PrimeMinister Somkid Jatusripitak (InfraPPP World). The approved projects include development ofBangkok's Metropolitan Rapid Transit (MRT) Pink Line and MRT Yellow Line. The THB56.7bn(USD1.56bn) first elevated train project will connect Kaerai and Min Buri, while the THB54.7bn(USD1.51bn) second project will connect Lat Phrao and Samrong. The government also approved theTHB82.4bn (USD2.27bn) Blue Line extension, which will connect Bang Sue and Bang Khae. Thepreferred bidder will be required to operate and maintain the extension. The other two projects are theTHB4.14bn (USD114mn) Nonthaburi waste-to-energy project and the THB2.25bn (USD62mn) NakhonRatchasima waste-to-energy facility.

The Thai government updated its green energy agenda with the ambitious 'Alternative EnergyDevelopment Plan' (2012-2021). The plan states 25% of total energy consumption must be derived fromalternative energy sources by 2021. It targets 2 gigawatts (GW) of solar capacity, 1.2GW of windcapacity and 3.63GW of biomass capacity within that timeframe.


Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report

;