Power pacts key to luring investment

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Energy policymakers must speed up piloting direct power purchase agreements (PPAs), enabling power companies to directly sell renewable electricity to factories in the Eastern Economic Corridor (EEC) to improve competitiveness with neighbouring countries and lure foreign investment, says the Thai Renewable Energy Association.

The free trade can be then expanded to cover small and medium-sized enterprises and households.

Spanning parts of Chon Buri, Rayong and Chachoengsao, the EEC hosts 12 targeted S-curve industries, including new-generation cars and smart electronics and is set to be developed into a high-tech industrial hub.

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Article Details

Category: EconomyBusiness

Markets: ThailandMalaysiaVietnam

Topics: Direct Association Renewable Electricity Project Thai Power Trade Companies Energy Businesses

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-26 @ 04:00:00 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 393 words

Reading Time: 3 minutes read

Sentences: 13 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 26446659

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Main Topics: EconomyBusiness

Official Website: bangkokpost.com

Update Frequency: 14 posts per day

Year Established: 1946

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News Last Updated: 2 hours ago

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Publisher ID: #66

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