THAILAND STILL FAR FROM REACHING RENEWABLE ENERGY TARGET
Last Updated: 2012-08-08
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BANGKOK, Aug 8 (NNN-Bernama) -- Several quarters have admitted that Thailand now remains far from reaching its national target of promoting renewable energy, especially gasohol.

Thai News Agency reported the acknowledgement was echoed at a seminar on renewable energy organised by the National Economic and Social Advisory Council (NESAC) in Bangkok on Tuesday.

People in the country expressed concerns over Thailand's ability to reach the national renewable energy target of using some nine million litres of ethanol and nearly six million litres of biodiesel a day by 2021, as the country currently produces and uses only 1-3 million litres of gasohol a day.

Amnuay Thongsathit, chief inspector-general of the Thai Ministry of Energy, told the seminar that his ministry is seeking cooperation from other petrol retailers, apart from state-supported PTT Public Company Limited (PTT) and Bangchak Petroleum Public Company Limited (Bangchak), to sell gasohol E20 and is encouraging local motorcyclists to use more gasohol.

Amnuay said that his ministry also plans to end domestic supply of 91 octane petrol by January 2013 despite its high demand, as about 500,000 cars, 500,000 motorcycles and a number of farm vehicles cannot use gasohol and his ministry, therefore, plans to compensate the motorists.

Vichien Usanachote, Bangchak's senior executive vice president, maintained that his company has fully promoted renewable energy but it appears to be difficult to achieve the Ministry of Energy's renewable energy target.

Vichien warned that after the Asean Economic Community (AEC) is formed by 2015, there would be groups of investors to support farmers in neighbouring countries in growing crops, which could affect Thai farmers.

He Urged the Thai government to help, boosting the productivity of Thai farmers and cushion the negative impacts of ethanol on local oil refiners, as ethanol will replace refined oil.

-- NNN-BERNAMA