Skip to main content

Thailand energy report

Thailand energy report
2 files (PDF report, Excel file)
33 (Report only)
Immediate by e-mail
Table of Contents

Download the Table of Contents

Buy Thailand energy report

Price without VAT. Depending on your statute and location, VAT might be applicable. Get in touch with us for more information.

After validation, you will immediately receive 2 files by email (one pdf report and one excel file containing the datasets).

1,090 €


This analysis includes a comprehensive Thailand energy market report and updated datasets. It is derived from the most recent key economic indicators, supply and demand factors, oil and gas pricing trends and major energy issues and developments surrounding the energy industry. The report provides a complete picture of the country situation, dynamics, current issues and future prospects. With market data and continuous follow-up of markets news, this report brings clear and concise insights with which to tackle national energy challenges and opportunities. Browse the tabs below for a detailed table of contents, the list of graphs and tables, and details on the data files.


  • The forthcoming National Energy Plan will include an objective of 50% of renewables in new power capacity by 2040.
  • The oil and gas sector is dominated by national company PTT.
  • State-owned electricity company EGAT is the largest power generator, with 35% of total capacity.
  • Gas production has decreased by 30% since 2014.
  • Natural gas is by far the first energy source for power generation (62% in 2021).
  • Electricity prices increased between 2016 and 2019 due to higher fuel costs before decreasing to 2018's level.
  • Energy consumption recovered slightly in 2021 after an 8% drop in 2020.
  • Oil products still account for 54% of final energy consumption.
  • The new National Energy Plan 2022 will significantly increase the share of renewables at the expense of gas and coal.
  • LNG development and gas market liberalisation will remain strategic to secure gas imports and reserves.


energy independence rate since 2010


share of renewables in power mix since 2010


net GHG emissions by 2065-2070 and carbon neutrality objective by 2050

  • Institutions & Energy Policy

    The Ministry of Energy is responsible for energy policy development through the Energy Policy and Planning Office (EPPO). The National Energy Policy Committee (NEPC), chaired by the Prime Minister, is the decision-making body.

  • Energy Companies


    Petroleum Authority of Thailand (PTT) is the national oil company (63.3% public, of which 51.1% directly held by the Ministry of Finance and 12.2% through the Vayupak Fund).

  • Energy Supply


    The marketed gas production decreased by around 30% between 2014 and 2021 to 27.2 bcm. It increased rapidly from 20 bcm in 2000 to 37 bcm in 2014.

  • Energy Prices


    Motor fuel prices are deregulated. Unleaded premium gasoline stood at US$1.12/l in 2021 and diesel at US$0.88/l.

    Gasoline prices in Thailand are two time higher than in Malaysia, while diesel prices are 70% higher (2021). Compared to Vietnam, the difference is around 10-15% (2020).

  • Energy Consumption

    Per capita energy consumption remained at 1.9 toe in 2021, while per capita electricity consumption increased slightly (by 2%) in 2021 to 2 726 kWh.

  • Issues & Prospects

    Pending the official release of the National Energy Plan (NEP) 2022, planned for Q1 2023, the Thailand Integrated Energy Blueprint (TIEB) 2015 remains in force and defines the energy trajectory until 2036. Oil demand is expected to increase by 3.3%/year until 2036 in the BAU scenario.

  • GRAPH 1: CO2-energy emissions (MtCO2)
  • GRAPH 2: Installed electric capacity by source (2021, %)
  • GRAPH 3: Gross power production by source (TWh)
  • GRAPH 4: Power generation by source (2021, %)
  • GRAPH 5: Gasoline & diesel prices (US$/l)
  • GRAPH 6: Electricity prices for industry and households (US$c/kWh)
  • GRAPH 7: Consumption trends by energy source (Mtoe)
  • GRAPH 8: Total consumption market share by energy (2021, %)
  • GRAPH 9: Final consumption market share by sector (2021, %)
  • Economic Indicators: Annual historical data including population, GDP growth, imports and exports, inflation rate, energy security and efficiency indicators, CO2 emissions.
  • Supply Indicators: Historical data including oil and gas reserves, electric and refining capacity, energy production, power production and external trade. All are detailed by energy source.
  • Demand Indicators: Historical data including consumption per inhabitant, consumption trends, total consumption by energy source, final consumption by energy source and sector, and electricity consumption by sector.
  • Energy Balances: Single table displaying the overall energy industry balance per annum, also graphically displayed by energy sub-segment.
  • Infrastructure Projects: Covers power plant projects by energy, technology, status and operator.

The Thailand energy market data since 1990 and up to is included in the Excel file accompanying the Thailand country report.
It showcases the historical evolution, allowing users to easily work with the data.

Key Data included in the excelsheet:

  • Economic indicators: Annual historical economic indicators, energy security, energy efficiency and CO2 emissions.
  • Supply indicators: Annual historical reserves, capacity, production and external trade (imports(+) exports(-) balance).
  • Demand indicators: Annual historical consumption per capita, consumption trends, total consumption, final consumption (per energy and per sector) and electricity consumption total and per sector.
  • Energy Balance: total and per energy.
  • Thailand Energy Prices: In addition to the analysis provided on the report we also provided a data set which includes historical details on the Thailand energy prices for the follow items: price of premium gasoline (taxes incl.), price of diesel (taxes incl.), price of electricity in industry (taxes incl.), price of electricity for households (taxes incl.), price of natural gas in industry (taxes incl.), prices of natural gas for households (taxes incl.), spot price of Brent and CO2 emissions (from fuel combustion).

The Thailand country report is complemented with a national power generation dashboard (excel file) from our Power Plant Tracker Service.

Data included in the excelsheet:

  • New capacities: Current power mix, installed capacity at date, capacity under construction and under development.
  • Power Sector Performances: Historical data on installed capacity, power generation, thermal power plants inputs, average thermal power plant efficiency, CO2 emissions of the power sector, carbon factor of the power sector.