France's Engie working with Thai partner on energy solutions

France's Engie working with Thai partner on energy solutions

Engie Group, one of the world's largest energy groups, is interested in
expanding its products and services, particularly business-to-business
energy-efficiency and renewable-energy solutions, in support of the
"Thailand 4.0" master plan.

Chief executive officer Isabelle Kocher said the company planned to boost
production in this region of renewable energy, including solar, wind and
waste-to-energy.

Engie, a French multinational that has a 69-per-cent stake in Thailand's
GLOW Energy, is working with strategic partner WHA Utilities and Power to
build an industrial waste-to-energy plant in Chon Buri province.

The plant, scheduled for operation in December 2019, will have a gross
operating capacity of 8.63 megawatts and will operate under the
feed-in-tariff scheme.

The group aims to work on new technologies that will be ready within five to
10 years.

"In Thailand, we supply industrial customers with power through GLOW,
offering both electric and steam power, and help conserve energy, for
example by 20-30 per cent for a large building, by using smart systems,"
Kocher said.

"We target industries, buildings and even cities like Bangkok, where we can
help improve the quality of life, for example by reducing air pollution."

The potential for new technology is high in Asean countries such as Thailand
and Indonesia, where Engie is also highly active, she said.

As for the Thai government's interest in using coal, she said coal might be
cheaper commercially, but from an environmental and health point of view, it
turned out to be costlier in the end.

"We will promote only new technology and decided not to build any more coal
power plants," she said.

As the use of renewable energy sources expands, the cost can get lower.

"We are working on ways to reduce the cost in the future, and governments
around the world are progressively changing their views on the real-cost
policy."

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Link to Original Article:
http://www.nationmultimedia.com/news/business/corporate/30315610

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John Diecker
APT Consulting Group Co., Ltd.

www.aptthailand.com