Thailand's energy transition gains pace amid resilient plans and rising investment - ABB study

This industry survey by ABB's Energy Industries division is based on responses of 4,085 energy leaders responsible for sustainability and technology strategies at companies in 10 energy-intensive industries across 12 markets in Asia Pacific. Assessing 20 readiness indicators across four pillars critical to the transition - Strategy, Technology & Infrastructure, Finance, and Talent - the Thailand results point to growing momentum, supported by national climate goals and increasing confidence in AI and automation.

Thailand is expecting to make strong progress in renewables, with 77 percent of energy leaders expecting their organization's renewable energy use to grow by more than 20 percent in the next five years, while 39 percent already source over half their energy from renewables. This momentum aligns with the country's carbon neutrality and net-zero goals, as well as the country's draft Power Development Plan (PDP2024), which targets a 51 percent share of renewables in total power generation capacity by 2037, up from 36 percent in the existing PDP2018.

Anders Maltesen, President of ABB's Energy Industries division, Asia, said, "Thailand's performance across key readiness indicators is encouraging - driven by strong and accelerating renewable energy adoption, rising investment, and a forward-looking embrace of AI. Backed by national commitments, the country is well-positioned to set the pace for the region. To fully unlock this potential, it must strengthen strategic planning and workforce skills, using targeted investment and cross-sector collaboration to bridge gaps and shape a more sustainable energy future."

65 percent of leaders cite technology as a major accelerator, and 34 percent say there are also untapped opportunities to scale proven solutions. Optimism is strong around AI and automation (69 percent view them as key enablers), supported by Thailand's national push on digitalization and AI development, including its latest ฿25 billion AI strategy. To realize this potential, organizations must pair adoption with operational and cybersecurity foundations needed for reliable performance.

With 74 percent of organizations planning to allocate over 10 percent of their capital expenditures (CAPEX) to transition initiatives in the next five years, coupled with technological optimism and growing sector alignment, Thailand is well-placed to turn progress into lasting impact and strengthen its role in Asia Pacific's energy transition.

ABB is a global technology leader in electrification and automation, enabling a more sustainable and resource-efficient future. By connecting its engineering and digitalization expertise, ABB helps industries run at high performance, while becoming more efficient, productive and sustainable so they outperform. At ABB, we call this 'Engineered to Outrun'. The company has over 140 years of history and around 110,000 employees worldwide. ABB's shares are listed on the SIX Swiss Exchange (ABBN) and Nasdaq Stockholm (ABB). www.abb.com

ABB's Process Automation business automates, electrifies and digitalizes industrial operations that address a wide range of essential needs - from supplying energy, water and materials, to producing goods and transporting them to market. With its ~20,000 employees, leading technology and service expertise, ABB Process Automation helps process, hybrid and maritime industries outrun - leaner and cleaner. go.abb/processautomation

• ข่าวo:member
• ข่าวo:indp
• ข่าวo:manu
• ข่าวo:eco
• ข่าวo:ene