Key Market Indicators
Thailand's renewable energy generation is poised for significant growth in the coming years. Projections indicate that by 2028, the country’s renewable output will hit approximately 31 terawatt-hours, rising from around 25 terawatt-hours in 2023. This marks an average annual growth rate of 3.2%. Since 1992, Thailand has experienced a robust increase in renewable energy supply, averaging a 6.8% year-on-year growth. This sustained upward trend reflects the nation's commitment to expanding its renewable energy capacity and reducing its reliance on traditional fossil fuels.