Innovation
The company emphasizes the development of innovation that generates business value while creating benefits for stakeholders. It also holds responsibility towards society and the environment, following the concept of "sustainable energy, returning benefits to society."
Innovation
Major Innovations Development in Electricity Generation and Investment in the Past Year
The company has developed innovations in electricity generation and investment combining concern environmental sustainability. The implementations correspond to Carbon Neutrality Target in 2050 including GHG emission Net Zero in 2065. According, Energy Policy and Planning Office (EPPO) and Department of Alternative Energy Development and Efficiency (DEDE), Energy Regulatory Commission have reviewed and improved electricity generation plan by renewable energy sources under PDP 2018 Rev.1 2021 – 2030.
Major Innovations Development in Electricity Generation and Investment in the Past Year
The company has developed innovations in electricity generation and investment combining concern environmental sustainability. The implementations correspond to Carbon Neutrality Target in 2050 including GHG emission Net Zero in 2065. According, Energy Policy and Planning Office (EPPO) and Department of Alternative Energy Development and Efficiency (DEDE), Energy Regulatory Commission have reviewed and improved electricity generation plan by renewable energy sources under PDP 2018 Rev.1 2021 – 2030. Committee on Energy Policy has approved the project, International Renewable Energy Certificate is to respond Thailand GHG reduction policy and implement to Carbon Neutrality Target in 2050. Two biomass powerplants registered as registrants and participants purpose of sale Renewable Energy Certificate. The clients are mostly organizations that concern the climate change issue and require to consume electricity by renewable energy sources to reduce GHG from conventional electricity generation.
Net Zero in 2065 – 2070
In 2024, the company undertook various initiatives and activities to promote innovation, as outlined below:
- The company collaborated with the National Metal and Materials Technology Center (MTEC), NSTDA, to develop a project focused on assessing appropriate technology and investment evaluation models. This project aims to provide policy recommendations for the industrial sector to support decision-making regarding investments in bio-energy production technologies combined with carbon capture and storage (BECCS) in Thailand.
Additionally, the company has conducted studies and continuously monitors advancements in technologies related to green energy production. This includes gathering information to proactively prepare for future shifts in the energy landscape, such as Small Modular Reactors (SMRs), Green Hydrogen Technology, Carbon Capture and Storage (CCS), and Battery Energy Storage Systems (BESS).
- The company organized the "Energy Conservation Invention Contest" at the Energy Day event to encourage employees to participate in the creation and development of energy-saving technologies. This initiative reinforces the company's commitment to fostering innovation for sustainability. The event is part of a strategy to promote a culture of innovation within the organization, providing employees the opportunity to showcase their potential in developing solutions that reduce energy consumption and enhance operational efficiency sustainably.
