What is Thailand's 2024 Power Development Plan?

Thailand’s 2024 power development plan (PDP) aims to increase renewable energy use, highlighting the importance of BESS alongside solar panels and wind turbines. This could create new business opportunities for entrepreneurs if prices decrease or new technologies emerge for stationary batteries.

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.

Can Bess create business opportunities in Thailand?

Watcharin Boonyarit, director of solar energy development at the Department of Alternative Energy Development and Efficiency, noted the potential for BESS to create business opportunities as Thailand transitions to renewable power sources. “We should not only import BESS but also consider new investment projects in this battery business.”

What are the benefits of liquid cooled system?

Moreover, the liquid cooled system integrates core components like PCS and EMS. These integrations increase efficiency in plant construction, commission, and post O&M. The pre-assembled scheme saves on-site installation time and serialized design saves installation space.

Could rock salt be a new business opportunity for Thailand?

SIBs, made from rock salt, could offer a new business opportunity given Thailand’s abundant rock salt reserves. Veeradej Tejapaibul, the vice-chairman of the club, suggested that government support for rock salt exploration could attract investment in SIB manufacturing.