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GENERAL

Push for new power trade system

Business, Yuthana Praiwan, Published on 02/05/2024

» Businesses are repeating their call for the government to change the country's electricity trade from the decade-long enhanced single buyer (ESB) system because it does not facilitate increased use of renewable power.

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GENERAL

Preparing for the green utility tariff

Business, Yuthana Praiwan, Published on 25/01/2024

» The announcement of a green utility tariff (GUT), scheduled for February, is expected to mark a significant step in renewable energy use to support local businesses and draw foreign investment.

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GENERAL

Egat, PTT seek new heads amid transition

Business, Yuthana Praiwan, Published on 23/01/2024

» The Electricity Authority of Thailand (Egat) and national oil and gas conglomerate PTT Plc are selecting two new executives to succeed their current leaders, hoping to further drive the organisations through challenges caused by the transition from fossil fuels to renewable energy in Thailand.

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GENERAL

BCPG planning to sell solar farms in Japan

Business, Yuthana Praiwan, Published on 05/12/2023

» BCPG Plc, the power generation arm of energy conglomerate Bangchak Group, has decided to sell all nine of its solar farms in Japan in a move to adjust a long-term renewable energy investment.

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GENERAL

Gas trader WP sees 7.3% revenue gain in 2024

Business, Yuthana Praiwan, Published on 14/11/2023

» SET-listed WP Energy, Thailand's second-largest liquefied petroleum gas (LPG) trader by sales volume, expects sales growth of 2.5% and revenue growth of 7.3% next year, despite the state's policy of capping domestic LPG prices.

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GENERAL

Bangchak completes acquisition of Esso

Business, Yuthana Praiwan, Published on 17/10/2023

» SET-listed energy conglomerate Bangchak Corporation has completed its purchase of shares in Esso Thailand via a tender offer, valued at 3.54 billion baht, leading to a total of 76.3% ownership in Esso Thailand.

GENERAL

Second phase of scheme promotes biomass crops

Business, Yuthana Praiwan, Published on 13/10/2023

» Authorities are preparing for the second phase of the "Energy for All" renewable scheme, aiming to encourage farmers to grow "energy crops" to serve power plants that are expected to have electricity generation capacity of 200 megawatts.

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GENERAL

Bangchak to gain from acquistion of Esso unit

Business, Yuthana Praiwan, Published on 20/09/2023

» SET-listed energy conglomerate Bangchak Corporation Plc (BCP) expects to generate synergy by combining its business with Esso Thailand and anticipates gaining an additional 3 billion baht from the move within 2025 following its recent acquisition of the company.

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Bangchak to gain from acquisition of Esso unit

Yuthana Praiwan, Published on 19/09/2023

» The SET-listed energy conglomerate Bangchak Corporation Plc (BCP) expects to generate synergy by combining its business with Esso Thailand and anticipates gaining an additional 3 billion baht by 2025 following its recent acquisition of the company.

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GENERAL

Clover Power eyes profitability in 2024

Business, Yuthana Praiwan, Published on 08/09/2023

» SET-listed Clover Power, a renewable power plant operator and constructor, expects to return to the black on its balance sheet next year as it proceeds with delayed construction jobs and strengthens its power business under the new government.