Costly electricity bills create a financial burden for the public, but also accelerate momentum for the establishment of free power trade in Thailand.
Banpu Power Plc, the power generation arm of energy conglomerate Banpu Plc, sees a business opportunity. The company aims to benefit from a change in the electricity market that is projected to happen worldwide.
Digital technology is a leading factor in the new electricity trade, as more companies adopt clean energy sources because of growing concerns about climate change, said Kirana Limpaphayom, chief executive of Banpu Power.
In addition, decreasing development costs for renewable power plants and a surge in energy prices as a result of the impact of the Russia-Ukraine war are driving the shift, he said.
In Thailand, households and entrepreneurs are increasingly interested in using electricity generated by…
