Thailand’s energy shock may force long-delayed reforms
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Thailand's economy, heavily reliant on exports and tourism, faces challenges due to rising oil and gas prices linked to the Middle East conflict. This situation intensifies the pressure on the upcoming government to implement overdue structural reforms, particularly in direct power purchase agreements (DPPAs). These agreements are crucial for attracting investment in data centres and other sectors aiming for renewable energy access. Although a pilot scheme was approved in 2024 for data centres to source renewable electricity, progress has been slow.
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