Firm is increasing clean energy target
National oil and gas conglomerate PTT Plc is stepping up efforts to use more renewable power and further develop its hydrogen fuel business, part of a move to grow the company in a sustainable manner.
PTT’s current plan is to produce 12 gigawatts of electricity from renewable sources and limit power generation from fossil fuels to 8GW by 2030, but this target will be upgraded to better reflect the company’s clean energy campaign, said Cherdchai Boonchoochauy, senior executive vice-president for innovation and new ventures.
The campaign includes a push for new…