PTT Plc, Thailand’s national oil and gas conglomerate, is forecasting a future where hydrogen could potentially replace oil-powered vehicles, contributing to the reduction of air pollutants. This year, the company’s subsidiary Arun Plus, in collaboration with Taiwan’s Hon Hai Precision Industry Co., is planning to domestically produce electric vehicles (EVs). Additionally, PTT is partnering with various companies to advance the development of hydrogen fuel.
Recently, PTT signed a memorandum of understanding with the Electricity Generating Authority of Thailand (EGAT) and ACWA Power, a Saudi Arabian renewable energy company, to jointly develop green hydrogen. The objective of the collaboration is to make green hydrogen production financially feasible.
Buranin Rattanasombat, PTT’s head of new business and infrastructure, acknowledged that…
