Electricity consumption expected to surge in 2027 due to increased use of EVs

23 Sept 03:47 Key points summarised by AI

Thailand's Energy Policy and Planning Office (EPPO) forecasts a sharp surge in electricity consumption by 2027, primarily due to the growing adoption of electric vehicles (EVs), particularly peaking at night.
The EPPO is proposing a new power development plan (PDP) to address this anticipated demand, which will undergo public hearings and require final Cabinet approval.
Current electricity consumption is estimated to rise by 2.4% year-on-year in 2023, driven by economic expansion, including tourism recovery and increased private consumption.
The office is also closely monitoring the European Union's Carbon Border Adjustment Mechanism (CBAM) and its potential impact on Thailand's industrial production and exports.

Nationwide crackdown launched on illegal nominee shareholders and land holdings

Today 15:20 Key points summarised by AI

Thailand's Prime Minister Anutin Charnvirakul initiated a nationwide crackdown on illegal Thai nominee shareholders in foreign-run businesses and land holdings to safeguard national interests.
The government will integrate efforts across all relevant agencies to target illicit foreign operations, forced sales of illegally acquired property, and high-risk land ownership schemes.
Key strategies include auditing suspect land and building holdings, establishing a long-term monitoring system, and cross-referencing data from various authorities to trace ultimate beneficial owners.
Prime Minister Anutin emphasized that no influential figures or corrupt officials are above the law, promising straightforward prosecution, asset seizures, and protection for enforcing officers.
Beyond land ownership, the integrated crackdown will also extend to tackle transnational crimes, including drug and human trafficking.