Does Thailand need a battery energy storage system?
Thailand may lack the Battery Energy Storage Systems (BESS) necessary to navigate supply and demand challenges. The PDP draft included 10,000 MW of BESS, but this may see the country struggle to fulfil carbon neutrality and Net Zero commitments over the coming decades.
What is a battery energy storage system?
Battery energy storage systems (BESS) are essential for buildings and renewable power generation facilities to ensure uninterrupted electricity supply. Renewable sources like solar and wind power are intermittent, and influenced by weather patterns. BESS mitigates this issue by storing electricity for future use.
Why is battery storage a problem in Thailand?
This is partly due to a lack of clarity on how battery storage fits into existing electricity infrastructure. In , the Thai government approved 24 BESS projects, all of which were located alongside solar operations. Their total combined storage capacity was 994 MW.
Could a sodium-ion battery be a new business opportunity in Thailand?
The Federation of Thai Industries’ Renewable Energy Industry Club sees potential in sodium-ion battery (SIB) production as an alternative to lithium-ion batteries. SIBs, made from rock salt, could offer a new business opportunity given Thailand’s abundant rock salt reserves.
How many mw can a solar generator store in Thailand?
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. Many solar projects in Thailand have non-firm PPAs in place due to a lack of storage on site.
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.
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