OECD supports Thailand’s accession to the organisation in 2028
Thailand secures US$200m World Bank loan for clean energy and low carbon cities
Hot weather blamed for increased power consumption and charges
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Hot weather blamed for increased power consumption and charges
13 Sept 12:41Key points summarised by AI
Soaring temperatures are directly causing higher electricity bills as air-conditioners consume 3% more energy for every 1°C increase in external temperature.
Increased power consumption is also attributed to frequent refrigerator use, though the Metropolitan Electricity Authority (MEA) denies increasing charges for April.
Bangkok and national power consumption have already peaked, with this year's total peak consumption projected to reach 39,000 megawatts.
The government advises energy conservation through tips like setting ACs to 26-27°C and switching on fans, with the Prime Minister instructing authorities to alleviate consumer financial burdens.
Thailand secures US$200m World Bank loan for clean energy and low carbon cities
Today 09:24Key points summarised by AI
Thailand secured a US$200 million loan from the World Bank to significantly invest in clean energy and low-carbon urban development initiatives.
The program aims to drive clean energy funding and low-carbon growth, ensuring a just transition for small and medium-sized enterprises, workers, farmers, and local communities.
Channelled through the Export-Import Bank of Thailand, the loan will fund energy efficiency upgrades in public buildings and industrial areas, including rooftop solar installations and electrical system modernizations, reducing initial capital burdens via Energy Service Companies (ESCOs).