In the energy sector, the government, under its Power Development Plan 2015-2036 (PDP2015), is looking to increase power capacity by 58 GW by 2036. State-owned power utility Electricity Generating Authority of Thailand (EGAT) has announced an investment of almost $20 billion for a five year plan of generation and transmission system expansion (2016-2020).67
The government has introduced a number of policies to encourage investment in renewable energy projects, including feed-in tariffs, tax incentives, and energy production payments.62
These policies are expected to support government plans, outlined under the Alternative Energy Development Plan (AEDP), to generate a fifth of total power consumption (up from 8 percent in 2014) from renewable sources by 2036. Under the plans, solar, biomass, and hydro will become the top three sources of renewable power in the country and account for 75 percent of clean energy generation.68