Renewable energy in Thailand
Renewable energy in Thailand is a developing sector that addresses the country's present high rate of carbon emissions and energy security risks. Thailand still relies heavily on fossil fuels, with renewables accounting for one fifth of the country's energy generation in 2024. The major source of renewable energy in Thailand is biomass (95%), with hydro, solar, and wind power making up small additional contributions.
Policies such as the Thirteenth National Economic and Social Development Plan (2023-2027) and the Alternative Energy Development Plan (2018-2037), set future goals for increasing the capacity of renewable energy and reduce the reliance of nonrenewable energy. The government aims to increase the use of renewables to 51% of energy generation by 2037, which could save over $9 billion every year. The Thai government also wants all new cars sold to be electric by the year 2035.
Total energy generating capacity for renewables has doubled since 2012, a trend that should continue with policy support. Solar power will likely play a central role in Thailand's energy transition due to the country's tropical climate, the falling costs of photovoltaic technology, and supportive policies such as tax incentives. Thailand's growth is hoped to lead to renewable energy cost reduction and increased investment for the ASEAN countries.