Thailand’s 2037 power sector targets

Thailand's draft revised power development plan (RPDP) targets a 51% renewable energy share by 2037, up from a previous target of 36%. Despite plans to phase out up to 8 GW of fossil fuel capacity by 2037, the RPDP still includes 6.3 GW of new gas capacity. The report warns that increasing reliance on imported liquefied natural gas (LNG)—which is projected to reach 60% of the gas mix by 2035—exposes Thailand to price volatility and geopolitical risks, as evidenced by a 141% surge in the import bill between 2021 and 2022. The document suggests that Thailand could be more aggressive in transitioning away from fossils to avoid economic vulnerability and stranded assets.

• Thailand's draft revised power development plan (RPDP) significantly increases its renewable energy ambitions, targeting a 33% share of total electricity demand by 2030 and 51% by 2037, compared to the previous 2037 target of 36%.
• The RPDP plans for the expansion of approximately 50 GW of renewables and 14 GW of energy storage by 2037, while phasing out up to 8 GW of fossil fuel capacity. The total fixed expenditure for implementing the RPDP from 2024 to 2037 is estimated at $153 billion.
• Thailand remains heavily dependent on natural gas, which accounted for approximately 68% of electricity generation in 2024. The share of imported liquefied natural gas (LNG) in the gas mix is expected to increase from around 40% in 2024 to 60% by 2035.
• Reliance on imported gas creates economic vulnerability; for instance, between 2021 and 2022, Thailand's import bill surged by 141% despite only a 27% increase in imported gas volumes. Furthermore, every 10% increase in gas prices can raise electricity tariffs by 3.5%.
• Thailand's energy security is threatened by geopolitical risks and shipping chokepoints, including the Panama Canal, Suez Canal, and the Strait of Hormuz, the latter being the only export route for Qatar, Thailand's largest LNG supplier.

APA

Ember (2025). Thailand’s 2037 power sector targets. https://ember-energy.org/chapter/thailands-2037-power-sector-targets/

Chicago

Ember. Thailand’s 2037 power sector targets. 2025. https://ember-energy.org/chapter/thailands-2037-power-sector-targets/.

Wikipedia

{{cite report |author=Ember |title=Thailand’s 2037 power sector targets |date=30 September 2025 |url=https://ember-energy.org/chapter/thailands-2037-power-sector-targets/ |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{ember2025thailands, author = {{Ember}}, title = {{Thailand’s 2037 power sector targets}}, institution = {Ember}, year = {2025}, month = sep, url = {https://ember-energy.org/chapter/thailands-2037-power-sector-targets/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }