About Survey on the development status of energy storage industry in thailand
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3 FAQs about [Survey on the development status of energy storage industry in thailand]
Is the battery and battery storage sector an S-curve industry?
By identifying the battery and battery storage sector as an S-Curve industry, the Thai government hopes to accomplish two goals. The first is to improve the country’s manufacturing competitiveness in this area. The second is to ensure Thailand can benefit from BESS development moving forward.
Why do some solar projects in Thailand have non-firm PPAs?
Many solar projects in Thailand have non-firm PPAs in place due to a lack of storage on site. Arrangements, including BESS, reduce the strain on power grid infrastructure and allow for better planning. On the downside, these do not improve grid stability, nor do they provide power generators with more pathways to increase revenue.
How many Bess projects were approved in Thailand in 2022?
In 2022, the Thai government approved 24 BESS projects, all of which were located alongside solar operations. Their total combined storage capacity was 994 MW. Interestingly, this allowed generators to sign semi-firm power purchase agreements (PPAs) with the Electricity Generating Authority of Thailand (EGAT) with minimum availability guarantees.
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