Gulf Energy Development Plc has started commercial operations of a new gas-fired power generating unit in Rayong, Thailand. Located in the Rojana Industrial Park, the plant has a capacity of six hundred sixty-two point five megawatts and operates under a 25-year agreement with the Electricity Generating Authority of Thailand. By 2037, renewable energy is expected to comprise 51% of Thailand's total fuel use under the new power development plan.
Gulf Energy Development Plc has commenced commercial operations of a new gas-fired power generating unit in Rayong, Thailand.
The plant, located in the Rojana Industrial Park in Pluak Daeng district, has a capacity of 662.5 megawatts and supports the company's long-term electricity sales to the state grid.
The facility is part of the Gulf PD power plant project and operates under a 25-year power purchase agreement with the Electricity Generating Authority of Thailand (Egat).
Gulf PD, a subsidiary of Gulf Energy, also operates three other units, each with a capacity of 662.5MW.
Another subsidiary, Gulf SRC, runs a 2,650MW power plant in Chon Buri's Si Racha district.
Gulf Energy has been granted licenses by the Energy Regulatory Commission to develop gas-fired power plants totaling 5,300MW.
Despite a trend toward renewable energy, Thailand still relies on gas to ensure a stable power supply.
By 2037, renewable energy is expected to make up 51% of total fuel use, while the share of coal and gas should decrease to 48%.
The government's new power development plan includes 16 large power plants, comprising gas-fired, hydro storage, and nuclear facilities, with some projects importing electricity from abroad.