New Market Research Report: Thailand Power Report Q2 2015

We forecast electricity generation in Thailand to grow by 2.8% in 2015, relatively similar to growth in 2014. Meanwhile, we have moderated our long-term electricity generation forecasts for the country. This is because Thailand continues to experience challenges in procuring gas supplies and is clearly moving towards increasing its reliance on electricity imports.

We forecast electricity generation in Thailand to grow by 2.8% in 2015. The largest source of growth will be thermal generation, followed by non-hydropower renewable generation. Meanwhile, we have revised down our long-term forecasts for the Thai electricity sector, as the country continues to experience challenges in procuring gas supplies and is clearly moving towards increasing its reliance on electricity imports. We now see electricity generation growing an average of 3.0% per annum between 2015 and 2023, down from 3.8% previously. Growth will be primarily driven by non-hydropower renewable energy generation and coal-fired generation. We see limited scope for expansion in gas-fired generation.

Full Report Details at
- http://www.fastmr.com/prod/956912_thailand_power_report_q2_2015.aspx?afid=301

Key Trends And Developments :

* The Thai government updated its green energy agenda with the ambitious 'Alternative Energy Development Plan' (2012-2021). The plan states that 25% of total energy consumption must be derived from alternative energy sources by 2021. It targets 2 gigawatts (GW) of solar capacity, 1.2GW of wind capacity and 3.63GW of biomass capacity within that timeframe.
* In January 2015, the Asian Development Bank agreed to provide as much as USD85mn in financing for Thailand's Chaiyaphum wind project in the country's northeast. The project, which is 90% owned by Thai firm Electricity Generating Public Company and 10% owned by German firm Pro Ventum, will generate 81MW of electricity and is slated to go online in December 2016. The head of Thailand's military junta, General Prayuth Chan-ocha, initiated major reforms in the country's Energy Regulatory Commission and appointed a...

The Thailand Power Report features Business Monitor International (BMI)'s market assessment and independent forecasts covering electricity generation (coal, gas, oil, nuclear, hydro and non-hydro renewables), electricity consumption, trade, transmission and distribution losses and electricity generating capacity.

The Thailand Power Report also analyses the impact of regulatory changes, recent developments and the background macroeconomic outlook and features competitive landscapes comparing national and multinational operators by sales, market share, investments, projects, partners and expansion strategies.

Key Benefits

* Use BMI's independent industry forecasts for Thailand to test other views - a key input for successful budgeting and strategic planning in the power market.

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156 (1.413.485.7001 Int'l)

You may also be interested in these related reports:

- Malaysia Power Report Q2 2015
- Russia Power Report Q2 2015
- Peru Power Report Q2 2015
- Venezuela Power Report Q2 2015
- Poland Power Report Q2 2015