Key Market Indicators
Thai Electricity Generation is projected to reach approximately 196 terawatt-hours by 2028, up from 183 terawatt-hours in 2023, marking an annual growth rate of 1.1%. This growth follows a historical upward trend, with the country's electricity supply increasing at an average annual rate of 0.6% since 1990. In 2023, Thailand ranked 24th globally in electricity generation, with Malaysia narrowly ahead, also producing 183 terawatt-hours. Leading the global rankings are the United States, India, and Russia, occupying the second, third, and fourth positions, respectively.
