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Without energy reform, Thai clean tech firms forced to circumvent regulation to scale: industry watchers

The article from Eco-Business discusses the challenges faced by clean technology companies in Thailand due to the lack of energy sector reform. Despite the country's potential for renewable energy, the current regulatory environment and the dominance of state-owned utilities like the Electricity Generating Authority of Thailand (EGAT) create significant barriers. Industry experts highlight that without policy changes, clean tech firms are compelled to find ways around existing regulations to scale their operations. This includes dealing with issues like the lack of a competitive electricity market, restrictive power purchase agreements, and the slow pace of regulatory approval for new renewable energy projects. The article suggests that for Thailand to meet its renewable energy targets and reduce its carbon footprint, substantial reforms are necessary to foster a more conducive environment for clean energy development.

Read the Full Eco-business Article at:
[ https://www.eco-business.com/news/without-energy-reform-thai-clean-tech-firms-forced-to-circumvent-regulation-to-scale-industry-watchers/ ]