IEEFA – Thailand’s Gas Conundrum: Overbuilt, Underutilized, and Increasingly Expensive
Summary
This report analyzes Thailand’s gas power sector, highlighting issues of overbuilding, underutilization, and rising costs.
It discusses the economic challenges of a gas-centric power sector, delays and cancellations of gas plant proposals, and Thailand’s efforts to reduce LNG exposure. The report also examines implications for Thailand’s Power Development Plans and suggests a way forward.
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