Thailand's electricity system generated approximately 210 TWh in FY2024. EGAT is state-owned generator, transmission; MEA, PEA are distribution. Fuel mix: ~58% natural gas (including rising LNG share), ~15% coal, lignite (Mae Moh, IPP coal), ~12% imports (primarily Laos hydro), ~12% renewables (solar, wind, biomass, SPP/VSPP), ~3% large hydro, other. PDP2024 targets 50%+ renewables by 2037, coal phase-down, LNG expansion, and hydrogen, CCUS pilot. Listed private IPPs — Gulf Energy, GPSC, B.Grimm, RATCH, CK Power, Banpu Power — anchor the investable power stack.

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Profiles covered in the report that cite this number.

Banpu Power

Banpu Group power arm; Thailand, China, Japan, Vietnam, Australia, US thermal, renewables portfolio.

CK Power

Ch. Karnchang Group power arm; Xayaburi 1,285 MW Laos hydropower flagship, domestic solar, small hydro.

EGAT (Electricity Generating Authority of Thailand)

Thailand's state-owned electricity generator, transmission operator, single-buyer PPA counterparty; ~15-20 GW own capacity.

B.Grimm Power

Industrial-estate SPP cogen specialist — 4GW+ across ASEAN; FY2024 revenue ~THB 60B.

Global Power Synergy

PTT Group listed power arm — 7GW+ across Thailand, Taiwan, India, Laos; FY2024 revenue ~THB 80B.

Gulf Energy Development

Thailand's largest listed IPP — THB 110B+ FY2024; gas, renewables, data centres, AIS/Intouch via SingTel JV.

Time scope	FY2024
Sources	EPPO, PDP 2024, DEDE
Basis	Primary source
Confidence	Primary source

Renewable share of generation

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Related figures

Installed generation capacity

Natural gas share of generation

Peak system demand

IPP, SPP capacity share

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