Thai Times

Covering the Thai Renaissance
Monday, Dec 08, 2025

Energy Minister Accelerates ‘Quick Big Win’ Agenda to Stimulate 700 Billion-Baht Economic Boost

Auttapol Rerkpiboon unveils rapid energy reforms to cut costs, spur investment, jobs and carbon reduction

Thailand’s Energy Minister, Auttapol Rerkpiboon, has fast-tracked a suite of “Quick Big Win” initiatives targeting a 700 billion baht economic stimulus, the creation of 16,000 jobs, and a reduction in carbon dioxide emissions exceeding 10 million tonnes annually. Announced at a press conference at the Ministry of Energy, these measures align with the new government’s broader goals of cost relief, investment promotion, and a transition toward net-zero emissions.

Central to the package is the Direct Power Purchase Agreement (PPA) scheme, which aims to introduce 2,000 megawatts of clean energy capacity. The proposal is slated for review by the energy policy committee by November 2025 and is expected to draw over 65 billion baht in investment. The scheme would strengthen Thailand’s competitiveness and support critical sectors such as data centres.

To serve rising demand in the Eastern Economic Corridor (EEC), the plan also includes upgrades to the electricity grid to meet over 800 megawatts required by new ventures, especially in data centre development. Investment in industrial energy efficiency measures is another pillar: the initiative will support machinery and equipment upgrades through the Energy Conservation and Promotion Fund, unlocking 800 million baht in investment and cutting energy use by 10 kilotonnes of oil equivalent.

Looking toward sustainability, the Ministry has begun reviewing the Power Development Plan (PDP) to ensure alignment with a strengthened net-zero by 2050 pathway. Additionally, a Carbon Capture and Storage (CCS) project is slated to launch, with operations expected to begin in 2034 and a goal of capturing roughly 6.4 million tonnes of CO₂ annually over a 30-year span.

Auttapol underscored the balancing act between energy security, economic competitiveness, and sustainability, stating that reducing energy costs for the public remains a top priority. He noted that cooking gas and oil prices had recently been frozen or lowered, and pledged further efforts to ease electricity costs through interagency coordination.

Stakeholders responded with cautious optimism. The Ministry’s “Quick Big Win” measures now include community solar farms (targeting 1,500 MW), accelerated approvals for floating solar at state dams, and household solar incentives allowing deductions of up to 200,000 baht—measures intended to cut public energy burden while supporting clean growth. The Energy Regulatory Commission (ERC) is expected to fast-track rules governing these projects.

As Thailand strives to reduce reliance on fossil fuels, clean energy investment is gaining momentum. The Board of Investment has already approved over 560 billion baht in clean energy projects to date. Amid this context, Auttapol’s push for rapid, visible reform seeks to justify the “Quick Big Win” brand — delivering near-term benefits while charting a course toward long-term energy transformation.

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