Summary
The energy is crucial for achieving carbon neutrality as it contributes to 70% of the country’s GHG emissions. Therefore, the energy transformation is a focus for both government and private sector initiatives. The report outlines several high-potential energy solutions, including renewable energy, energy-efficient technologies, electric vehicles, energy storage systems, and hydrogen. These solutions are at various stage of development, each presenting a range of diverse business opportunities.
Foreign investors can harness the favorable policy landscape to establish operations in Thailand. However, it is important to acknowledge the various challenges, such as the competition situation, consumer concerns, market dynamics, etc. Collaborating with reputable partners may be necessary to access customer bases, navigate existing networks, as well as understanding the market insight and regulatory requirements.
