Friday, July 28, 2017

Pöyry and AWR Lloyd to conduct new study on future of Thailand's power industry

Pöyry and AWR Lloyd to conduct new study on future of Thailand's power
industry

Pöyry and AWR Lloyd will commence a new multi-client study to provide
insight into the threats and opportunities related to the power industry in
Thailand.

Scheduled to begin by September this year, the study is expected to produce
final results by December.

Entitled 'Running on Empty', the study will provide information on the
potential risks that could emerge from the country's increasing dependency
on liquefied natural gas (LNG).

Thailand's current national power development plan includes a transition to
LNG dependency. However, a detailed field-based natural gas supply and
demand model shows that the country might face greater risks than
anticipated.

Running on Empty will also help to form a regulatory framework for
Thailand's energy sector.

Pöyry will use its BID3 electricity market model to deliver insights into
the impacts of the ongoing energy trends on stakeholders.

Pöyry noted that constant decline in energy technology costs, a growing
commercial track record, and the risk of higher imported LNG costs make
renewable energy, power storage, and electric vehicles increasingly viable.

The partnership is currently inviting industry stakeholders to join the
study as both regular subscribers and steering committee members.

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Link to Original Article:
http://www.power-technology.com/news/newspyry-and-awr-lloyd-to-conduct-new-s
tudy-on-future-of-thailands-power-industry-5884118?WT.mc_id=DN_News


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John Diecker
APT Consulting Group Co., Ltd.

www.aptthailand.com

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