Thailand’s new green utility tariff boosts renewable energy use

The unveiling of a Green Utility Tariff (GUT) next month is set to bring about a significant progression in renewable energy use within Thailand, bolstering local businesses and attracting foreign investment. This move has been eagerly awaited by numerous companies considering expansion into Thailand, as they seek not only the necessary infrastructure but also a source of clean energy to support their carbon reduction strategies.

As the specifics of the GUT are clarified, renewable energy suppliers will gain an understanding of the potential benefits to be gained from electricity sales. Simultaneously, users will be able to determine their expenses for accessing clean power. Clear information on the rates is seen as a crucial element for Thailand as it pursues its ambitions to lower carbon dioxide emissions while also stimulating investment and…