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Thailand 4.0 promises huge savings, CO2 reductions, says GE

The “Thailand 4.0” initiative could help bring about multibillion-dollar savings and a significant reduction in carbon emissions in the energy sector, energy firm GE said on Monday.

The adoption of the latest digital technologies to enhance and optimise Thailand’s energy assets and networks, combined with deployment of the most efficient gas turbines, critical coal technology and the upgrading of existing plants and transmission and distribution networks, are together expected to provide Thailand with substantial savings and enormous reductions in carbon emissions, GE said.

They will “go a long way to achieving Thailand’s goals for energy efficiency, reliability and sustainability”, it said.

GE estimates that upgrades to plants and transmission and distribution networks could lead to savings of US$6 billion (Bt198 billion), while digital optimisation could add a further $2.6 billion in value, over the lifecycle of Thailand’s existing and upcoming power production, transmission and distribution assets. 

If fully implemented, these could also result in CO2 reduction of 8.6 million tonnes annually (about 9 per cent of power-generated CO2 emissions today).

In terms of deploying the latest technology solutions for new power plants, Thailand is an early adopter of H-class gas technologies that have the potential to improve efficiencies by 5 per cent and reduce CO2 emissions by 0.3 million tonnes annually, compared to conventional F-class technology. Thailand will also deploy clean-coal technologies that could improve efficiencies by 5 per cent and reduce CO2 emissions by 0.4 million tonnes annually, compared to supercritical technology.

Source: http://www.nationmultimedia.com/detail/Economy/30327009