Three large energy firms are accelerating efforts to reduce carbon dioxide emissions and replace fossil fuels with clean energy, following a pledge made by the Prayut Chan-o-cha government to fight climate change.
The shift to renewable energy is gathering momentum after Gen Prayut announced during the 26th UN Climate Change Conference in November last year that Thailand would achieve carbon neutrality — a balance between carbon dioxide emissions and absorption — by 2050.
SET-listed TPI Polene Power (TPIPP), the country’s largest waste-to-energy project developer and operator by capacity, is among the first companies to follow the policy.
The firm vowed to become a coal-free power generation company by 2025 with plans to replace fossil fuels with refuse-derived fuel (RDF).
The company uses heat from cement kilns and the burning of waste in processes to generate…
