- General
- Business
- Moodys's say
- Economy
- Bank and Finance
- Politics
- Energy
- World
- Environment
- Entertainmentt
- Sport
- Agro and Food
- Lifestyle
More energy needed: more solutions wanted
By k on March 10, 2010
BANGKOK, 10 March 2010 (NNT) – The Ministry of Energy hosts the ‘Fuel Options for Electricity Generation’ seminar to discuss possible energy alternatives for Thailand
Minister of Energy, Dr Wannarat Channukul, presided over the opening ceremony advising public and private sectors to not emphasize development on a certain alternative energy source too much. Disruption of energy diversity may result in the unstable development of the country.
Statistics from the BP Statistical Review of World Energy 2009 showed that world oil reserves would only last 40 years, natural gas 60 years and coal 120 years. The Energy Minister added finding energy alternatives would be a must as world energy consumption rates was projected to increase by 40% by the year 2030, especially in developing countries.
Most speculations are directed at nuclear energy. Whether or not to accept the option as an alternative energy source has still not been decided. Dr Wannarat said that it was understandable for the project to be rejected but under the condition that the people had acceptable reasons and not false beliefs about nuclear power.
In the 2010 Power Development Plan (PDP), Thailand will rely more on renewable energy in producing electricity. It is estimated to reduce greenhouse-gas emissions from 0.546 to 0.38 kilogram per kilowatt per hour by the year 2030.
The private sector also aims at lowering greenhouse-gas emissions by 6 million tons per year, with the launch of 96 ‘green’ projects, based on the Clean Development Mechanism (CDM).
Related posts:
- Thailand must develop alternative energy BANGKOK, Dec 23 (TNA) – Thailand needs to act now...
- Energy Ministry is arranging GDP plan for power plant construction Bangkok, 30 October 2009 (NNT) – The Energy Ministry is...
- hailand to join APEC energy ministers meeting in Japan later this month BANGKOK, June 6 (TNA) — Thailand’s Energy Minister Wannarat Channukul...
- Energy Ministry: 15-year renewable energy development plan makes good progress BANGKOK, 13 December 2009 (NNT) – The 15-year development plan...
Related posts brought to you by Yet Another Related Posts Plugin.
Readers Comments
Business News »
Loan clients urged to be well-prepared for higher finance costs
July 16, 2010

BANGKOK, July 16 – Loan customers, particularly small- and medium-size enterprises (SMEs), must have well-prepared business plans to cope with higher financial costs in the face of an upward interest trend, according to the Kasikorn Research Center (KRC), a leading Thai financial think tank. Kasikorn said that major domestic commercial banks had begun raising the [...]
Bank And Finance »
Commercial banks announce hikes in interest rates on fixed deposits
July 16, 2010
BANGKOK, 16 July 2010 (NNT) —Interest rates on fixed deposits and lending rates have been hiked by financial institutions following the hike in the policy rate by the Central Bank. Krungthai Bank has announced its fixed deposit interest rate hike of 0.25-0.35%, while key lending rates would be increased by 0.125-0.15%, effective today. Siam Commercial [...]
General News »
Summary of the 9th APEC Energy Meeting
July 12, 2010

Thai delegates led by Minister of National Resources and Environment, Suwit Khunkitti, along with international counterparts from 20 countries attended the 9th Asia-Pacific Economic Cooperation (APEC) Energy Ministerial Meeting in Fukui, Japan on 19 June 2010. During the summit, a speech on the “Low Carbon Paths to Energy Security: Cooperative Energy Solutions for a Sustainable [...]
Economy »
4 Govt agencies cooperate to promote Thai investment abroad
July 12, 2010
BANGKOK, 12 July 2010 (NNT) – The Office of Thailand Trade Representative (TTR) joins force with three financial institutions to promote Thai investments abroad, with operators in various business groups showing keen interest in the project. TTR along with SME Bank, EXIM Bank and the Government Pension Fund (GPF) announced their cooperation in credit support [...]
Energy »
Moody´s chops down PTT´s credit
June 29, 2010

BANGKOK, 29 June 2010 (NNT) – An international credit rating firm, Moody’s Investors Service, has lowered the creditworthiness of Thai petroleum giant PTT Plc from A2 to A3 with a negative outlook. Moody’s Investors Service has changed the local currency issuer rating for PTT Plc from A2 stable to A3 negative while the foreign currency [...]
Politics »
One month needed for Interpol consideration over Thaksin´s case
July 16, 2010
BANGKOK, 16 July 2010 (NNT) – A nod from the Paris-based international police intelligence-sharing association, Interpol, over case of self-exiled ex Prime Minister Thaksin Shinawatra should be known within one month. Police Maj-General Terdsak Rujirawong, Commander of the Royal Thai Police Foreign Affairs Division, said on Friday that an arrest warrant on terrorism charge issued [...]