Solar energy push could offset LNG demand in Thailand
The country's reserves are faltering, but a new push has been made towards renewable energy
Thailand's imports of liquefied natural gas (LNG) are poised to increase dramatically as its domestic reserves wane. But the potentially rapid rise of solar power generation could help displace future demand for LNG. A new diversified renewable energy push, announced by the Thai government in October, could offset up to 19% of new LNG needed for power generation, according to analysis from Hong Kong-based energy specialists AWR Lloyd. The nation’s increasing gas dependency, the third highest in Asia, already sees it importing 2 million tonnes per year (t/y) of high-cost LNG, with volumes expected to rise to between 16m and 32m t/y by 2023. Thailand aims to double the intake capacity of its s
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