Analyst urges shift away from fossil fuels (opens original article in a new tab)

Analyst Praipol Koomsap urges Thailand to accelerate renewable energy adoption to reduce fossil fuel dependence and mitigate supply risks from conflicts or accidents. The government aims to increase renewables from 15.2-17.5% in 2025 to over 50% by 2037 through solar incentives and biofuel subsidies, with private sector investment seen as crucial for infrastructure development.

• Analyst Praipol Koomsap urges Thailand to shift from fossil fuels to renewables to reduce oil dependence
• Renewables could mitigate supply disruptions from conflicts or accidents, according to Praipol
• Thailand aims to increase renewable energy share from 15.2-17.5% in 2025 to over 50% by 2037
• Government supports rooftop solar and biofuel subsidies to boost clean energy adoption
• Private sector investment is critical for expanding renewable infrastructure, per Gulf Development CEO Sarath Ratanavadi
• Diversifying fuel sources helps reduce external risks, said Sarath