Thailand energy report
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 2019 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.
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Abstract
Institutions & Energy Policy
The Ministry of Energy is responsible for energy policy development through its own department, the Energy Policy and Planning Office (EPPO). However, ultimately the National Energy Policy Committee (NEPC), which is chaired by the Prime Minister, represents the decision-making body.
Energy Companies
Oil:
Petroleum Authority of Thailand (PTT) is the national oil company (63.5% public, of which 51.1% directly and 12.4% through the Vayupak Fund).
Energy Supply
Resources:
Proved natural gas reserves amount to 181 bcm (end of 2019), i.e. only 4 years of consumption. Most of the gas reserves are located offshore in the Gulf of Thailand. Proved oil reserves amounted to 47.5 Mt in 2019, representing less than one year of consumption. Thailand also has significant lignite reserves, but its use brings about environmental problems (1.1 Gt).
Energy Prices
Electricity:
The average prices of electricity are US$10.1c/kWh for industry and US$12.5c/kWh for households (2019).
Energy Consumption
Per capita energy consumption is stable since 2010, at 2.1 toe in 2019; per capita electricity consumption reached 2 800 kWh in 2019.
Total energy consumption increased at a rapid pace between 2000 and 2013 (+4.7%/year), but has noticeably slowed down since 2013 (+1%/year) to 142 Mtoe in 2019.
Issues & Prospects
Thailand Integrated Energy Blueprint (TIEB) 2015 defines the energy trajectory until 2036. Oil demand is expected to increase by 3.3%/year until 2036 in the BAU scenario.
- GENERAL OVERVIEW
- INSTITUTIONS AND ENERGY POLICY
- ENERGY COMPANIES
- ENERGY SUPPLY
- ENERGY PRICES
- ENERGY CONSUMPTION
- ISSUES AND PROSPECTS
- DATA TABLES
- ABBREVIATIONS
- GLOSSARY
Below is a list of the Thailand energy market report graphs:
- GRAPH 1: CO2-energy emissions (MTCO2)
- GRAPH 2: Installed electric capacity by source (2019, %)
- GRAPH 3: Gross power production by source (TWh)
- GRAPH 4: Power generation by source (2019, %)
- GRAPH 5: Gasoline & diesel prices (US$/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 (2019, %)
- GRAPH 9: Final consumption market share by sector (2019, %)
In the Thailand energy market report you will find the following tables:
- 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.
The Thailand energy market data since 1990 and up to 2019 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.
Projections Data (Excel Sheet)
The Thailand country dashboards are complemented with country forecasts from EnerFuture (excel file) with scenario comparison.
Data included in the excelsheet:
- Demand: Primary energy consumption, final energy consumption, by fuel, by sector.
- Power: Electricity generation & capacities, by technology.
- CO2: Total CO2 emissions.
- Macro-economy: Main macro-economic assumptions.
- Key indicators: Energy intensity, share of renewables, CO2 emissions per capita and per unit of GDP.
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