Reference

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Primary source

PDP 2024 gas-to-power target (2037)

~37-40% of generation

As of2024 plan; horizon 2037·Sources1·Primary

The draft Power Development Plan 2024 (PDP 2024) targets reducing natural gas to approximately 37-40% of total electricity generation by 2037, down from roughly 57% in 2024. The reduction is anchored by renewables scaling to 51% (solar, wind, biomass, hydro imports from Laos) and a small nuclear pilot under consideration for 2037-2040. Despite the declining share, absolute gas-fired capacity continues to expand because total demand rises ~2.5-3.0% annually. The PDP envisages LNG imports rising to 18-22 Mtpa by 2037 even as the share falls, on the basis that Gulf of Thailand domestic gas continues its terminal decline post-2030.

Figure in context

The draft Power Development Plan 2024 (PDP 2024) targets reducing natural gas to approximately 37-40% of total electricity generation by 2037, down from roughly 57% in 2024. The reduction is anchored by renewables scaling to 51% (solar, wind, biomass, hydro imports from Laos) and a small nuclear pilot under consideration for 2037-2040. Despite the declining share, absolute gas-fired capacity continues to expand because total demand rises ~2.5-3.0% annually. The PDP envisages LNG imports rising to 18-22 Mtpa by 2037 even as the share falls, on the basis that Gulf of Thailand domestic gas continues its terminal decline post-2030.

The draft Power Development Plan 2024 (PDP 2024) targets reducing natural gas to approximately 37-40% of total electricity generation by 2037, down from roughly 57% in 2024. The reduction is anchored by renewables scaling to 51% (solar, wind, biomass, hydro imports from Laos) and a small nuclear pilot under consideration for 2037-2040. Despite the declining share, absolute gas-fired capacity continues to expand because total demand rises ~2.5-3.0% annually. The PDP envisages LNG imports rising to 18-22 Mtpa by 2037 even as the share falls, on the basis that Gulf of Thailand domestic gas continues its terminal decline post-2030.

Time scope

2024 plan; horizon 2037

Source basis

Primary source

Interpretation notes

What this tells you

The draft Power Development Plan 2024 (PDP 2024) targets reducing natural gas to approximately 37-40% of total electricity generation by 2037, down from roughly 57% in 2024. The reduction is anchored by renewables scaling to 51% (solar, wind, biomass, hydro imports from Laos) and a small nuclear pilot under consideration for 2037-2040. Despite the declining share, absolute gas-fired capacity continues to expand because total demand rises ~2.5-3.0% annually. The PDP envisages LNG imports rising to 18-22 Mtpa by 2037 even as the share falls, on the basis that Gulf of Thailand domestic gas continues its terminal decline post-2030.

What not to do with it

PDP 2024 is in final public consultation as of mid-2025 with formal cabinet adoption expected by year-end.

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PDP 2024 gas-to-power target (2037) · Insight