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Thailand Investment Opportunities In Renewable Energy. Thailand’s Energy Situation. For the last 15 years, energy consumption has grown faster than GDP by an average of 40% a year 1 Consumption of electricity has grown about 7% per year 2000-2005 2
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Thailand Investment Opportunities In Renewable Energy
Thailand’s Energy Situation • For the last 15 years, energy consumption has grown faster than GDP by an average of 40% a year1 • Consumption of electricity has grown about 7% per year 2000-20052 • Imported oil in 2005 averaged 1,007,200 b/d and domestically supplied oil 565,600 b/d. The total cost of imported refined products was up 92% from 20043 1) EPPO 2) NESDB 3) PTT b/d = barrels/day
Energy Situation in Thailand Energy consumption: 51% Electricity, 49% Oil 2005Thailand’s energy cost 15.7% ofGDP Hydro 3% Coal 13% Oil 49% Primary energy consumption Natural gas 35% 90% import Consumption by Sector Logistics/transportation 37% Agriculture 6% Industrial 36% Resident & Commercial 21%
Push for Energy Security Increase domestic energy production • Increase refining capacity • 2 new crude oil production facilities began operating in 2005 • New crude oil discoveries in Sukothai Source: DMF, EPPO Purchase energy from neighboring countries • Purchase agreements with Laos PDR, China, and Myanmar
Push for Energy Security Increase efficiency of consumption • Energy Policy and Planning Office seeks to promote R&D in energy-conserving technologies • Incentives to promote importation and use of “green” machinery Move towards alternative energy • Develop alternative energy sources for long term stability • In 2004, alternative energy was made 1 of 6 BOI Target Sectors
Invest in renewable energy Ethanol • 24 ethanol plant concessions have been approved of total 4.8 mil LPD. • 6 existing ethanol plants of total 0.825 million LPD • The 2011 target is 3 million LPD. Thailand needs an additional 200,000 litres of ethanol / day to be used in making gasohol. • 9 oil companies distributing Gasohol Octane 95 via 3,103 gas service stations; • Bangchak is the pioneer on distributing Gasohol Octane 91 through about 180 stations only in Bangkok areas • As of May 2006 , total gasohol volume sale was about 3.5 million litres per day
Biodeisel Current Status and Potential Invest in renewable energy Biodiesel • Total installed capacity 336,000 litres/day (as of mid-2006) • Actual production 75,500 litres/day (as of mid-2006) • Raw materials: used vegetable oil, palm wax, palm oil, jatropha • Market: trucks, vehicle commercial trucks • The government targets the use of 4 million litres of biodiesel / day by 2011.
Invest in renewable energy Biomass: SPP Project 15 biomass plants have been short listed for foreign investment. Source: Dept Alt Energy Dev/Efficiency, MOE
Thailand’s Major Agricultural Wastes Tapioca Tapioca slurry 1,331,520 tons/yr Tapioca Rhizome 101,771tons/yr Sugar Cane Bagasse 13,960,739 tons/yr Tops and leaves 11,412,433tons/yr Oil Palm • Fiber 12,887 tons/yr Shell 16,347 tons/yr Bunches 237,285 tons/yr • Rice • Husk • 2,307,984 tons/yr • Rice Straw • 24,692,013 tons/yr
Invest in renewable energy 15 MW 25 MW 47 MW 13 MW Municipal Solid Waste • ●Thailand’s total MSW is 40,000tons/day with potential electricity generating capacity of 400 MW • Currently, 12 MW of electricity is generated from MSW. • The target for 2011 is 100MW.
Invest in renewable energy Wind capacity within the country Wind Energy Thailand’s yearly average wind power at 50 M 6.4 m/sec or higher: Nakornsri Thamarat, Songkra, Patthani 4.4 m/sec or higher: Phangnga, Phuket, Trang, Satun Yearly average wind power 4.4-6.4 m/sec
Invest in renewable energy Solar Energy Solar Power Projects Installed by the Department of Alternative Energy during 1993-2005
Invest in renewable energy Increased NGVs 2006 Currently, there are 18 companies with 70 service centers to install NGV equipments, and 7 auditors.
Thailand: A global leader in white goods exports (2006 Q1-Q3) €1.37 billion: air conditioners €136 million: air con parts €460 million: household refrigerators €356 million: refrigeration compressors €75 million: freezers
Share of Major Product in 2005 Strong domestic demand for air conditioners, with 50,000 to 60,000 new home construction/year
2005 production ~ 1.125 million units(World’s 14th largest) Export ~ 440,000 units Largest in Southeast Asia Capacity of 2.0 million units in 2010 World’s largest production of one-ton pickup trucks 820,000 units in 2005 Thailand: Automotive Hub of ASEAN
Auto assembly for local and export markets under AFTA and other FTA arrangements Auto part manufacturing to serve domestic and export markets Potential small car hub -- low fuel consumption NGVtarget: 120,000 NGVs by 2008 Investment Opportunities in Automotive Industries