In 2013, Thailand went from a country increasingly wary of coal to one actively pursing it for power generation. Late in the year, the Energy Policy and Planning Office said that it would be updating its Power Development Plan (PDP), and that coal would play a larger role in the country's energy future than was outlined in the previous version...
Despite the political and social challenges that marked late 2013, Thailand’s economy has remained stable and is poised for further growth in the coming years. However, concerted action by the public and private sectors will be needed for the country to avoid the middle-income trap of stagnating productivity and to maintain its stance as a top Asian economy.
With no new exploration concession issued since the 20th petroleum concession round ended in 2008, exploration and production firms are primed for new opportunities. The last round of bidding, which took place from May 2007-May 2008, offered up 65 exploration blocks (56 onshore and nine offshore). The government received 74 applications for 52 of...
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