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LEADERSHIP IN ENERGY INNOVATION 2019

March 6 @ 11:30 am - 1:30 pm

฿1200 – ฿1600

CanCham Thailand in collaboration with Chandler MHM, Ministry of Energy, Begium-Luxembourg, Finnish, French, Irish, the Netherlands, Norwegian, Singaporean, South African, Swedish, and Joint Foreign Chamber of Commerce in Thailand would like to invite you to attend the insightful luncheon address “Thailand’s Updated Power Development Plan: Energy Roadmap to 2037” on Wednesday, March 6 at SO Sofitel Bangkok.


TOPIC OF DISCUSSION

Update to Thailand’s Power Development Plan (PDP)

The PDP is part of the government’s long-term strategic blueprint for energy development and is generally updated every 3-4 years. Previous revisions have occurred in 2012 and 2015. The PDP outlines government policy priorities, and allows the Energy Regulatory Commission (ERC) and government-owned utilities to implement concrete regulations and development plans.

On January 23, 2019, the National Energy Policy Council (NEPC) approved revisions to the PDP. The revised PDP, which will cover a period from 2018 to 2037, reportedly contains several targets which are likely to raise the interest of private investors. Once approved by the Cabinet, the updated PDP will take effect immediately without any additional formalities, and will be published on the website of the Energy Policy and Planning Office (EPPO).

 

The PDP presents numerous opportunities for private investors, including:

  • Forecasted growth in renewables. The PDP envisions renewables comprising 20% of the sources of energy feeding the grid by 2037, with an additional 10% of Thailand’s total energy supply coming from off-grid renewable sources. New regulations are expected to make private solar installations more attractive, as they will allow the owners of solar installations to sell surplus energy back to the grid. Off-grid installations are also being encouraged for fuel sources other than solar, meaning there will likely be potential for innovators to devise new methods and business models for delivering electricity to consumers.
  • Increased demand for LNG. Thailand’s reliance on natural gas as a fuel source for electricity generation will continue to rise over the coming two decades. Already a net-importer, Thailand’s natural gas reserves are dwindling quickly, meaning the country will need to rely on LNG from abroad. This will present opportunities for foreign gas producers as well as the developers of infrastructure needed, such as pipelines and LNG receiving terminals.
  • New auctions for independent power producers (IPPs). The government’s long-term strategy involves the Electricity Generating Authority of Thailand (EGAT) generating a smaller proportion of the country’s electricity. New projects will be put to tender, and IPPs will be invited to enter into long-term power purchase agreements to supply electricity to EGAT. In short, the private sector will be playing a far bigger role in Thailand’s electricity market over the next two decades.

 

 

KEYNOTE SPEAKER

Dr.Veerapat Kiatfuengfoo

Director of Power Policy Bureau, Ministry of Energy

Dr. Veerapat Kiatfuengfoo is the Director Power Policy Bureau at the Energy Policy and Planning Office, Ministry of Energy, where he is responsible for the preparation of Thailand’s Power Development Plan, electricity price structure and measures to promote competition in the electricity industry. He is also a member in the working group making the Thailand Integrated Energy Blueprint or the 20-year Energy Plan that comprises of five long-term energy plans: the Power Development Plan, the Energy Efficiency Plan, the Alternative Energy Development Plan, the Oil Plan and the Gas plan.

Dr. Veerapat graduated with a PhD in Development Studies from the University of Melbourne, Australia, and a Master of Arts in Economics from the Vanderbilt University, USA.

 

EVENT DETAILS

Date: Wednesday, March 6 ,2019

Time: 11:30 – 13:30

Venue: SO Sofitel Bangkok (MAP

Entry Fee:

  • THB 1,200 for members of CanCham Thailand and partner organizations
  • THB 1,600 for non-members

Entry fee includes three-course meal (western set).


Cancellation Policy

Reservations not cancelled within 3 business days of the event will be considered as a no-show and invoiced. If the event falls on a Monday or is immediately preceded by a holiday, cancellation is required by the previous business day.


THANK YOU OUR GOLD SPONSOR

Chandler and Thong-ek Law Offices Ltd. was established in 1974, and integrated its practice with Mori Hamada & Matsumoto to create Chandler MHM Limited (“CMHM”) in January 2017.

As a leading, independent law firm in Thailand, CMHM provides local and international clients with the highest quality service across a broad range of practice areas.

Our team of 60 lawyers are internationally recognized for their legal expertise on, banking and finance, corporate law, mergers and acquisitions, securities, dispute resolution, restructuring and insolvency, tax and regulatory law – with a focus on complex, cross-border, international business transactions.

CMHM’s lawyers are particularly sought out for their advice on energy and natural resources, and infrastructure matters, and regularly act for international agencies and Asian governments on major projects involving concessions, mineral policies and evolving legislation.

We aim to exceed expectations by understanding clients’ needs, and delivering practical, innovative advice that achieves business objectives.

Our team handles a wide range of legal and administrative matters arising from the cross-border sale of goods, delivery of services, and financial transactions, including exchange control, tax, licensing, customs, and intellectual property issues. The firm’s cross-border experience focuses on emerging economies, particularly in Lao PDR, Malaysia, and Myanmar.

On every matter, our partners lead strong, multi-skilled teams – while our flexible organizational approach draws on integrated practice expertise to deliver legal solutions that are consistently responsive to clients’ needs.

The firm’s lawyers have a long history of top tier recognition by international commentators, and are motivated by clients who have commented, “They focus on creating a solution rather than just answering questions.” More than 40 years’ experience – dedicated to exceeding clients expectations.

Website: http://www.chandlermhm.com

Industry: Law Practice

Company size: 51-200 employees

Headquarter: Silom, Bangrak, Bangkok

Type: Privately Held

Founded: 1974

 

 

Details

Date:
March 6
Time:
11:30 am - 1:30 pm
Cost:
฿1200 – ฿1600
Event Categories:
, ,
Event Tags:
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Organizer

CanCham Thailand
Phone:
02 266 6085
Email:
info@canchamthailand.org
Website:
www.canchamthailand.org

Venue

SO Sofitel Bangkok
2 N Sathon Rd, Khwaeng Bang Rak, Khet Bang Rak
Bangkok, Bangkok 10500 Thailand
+ Google Map
Phone:
02 624 0000

Tickets

Tickets are not available as this event has passed.