Over the past decade, Thailand's coal consumption has seen fluctuations with peaks in 2018 at 0.8 Exajoules and dips in years like 2019 and 2022. In 2023, coal consumption was 0.73 Exajoules, a slight increase from the previous year but part of a broader declining trend since 2018. The year-on-year variation has been inconsistent, with notable declines in 2019 and 2022, while periods of growth were seen in 2020 and 2021. The last five years have evidenced an average annual decrease of 1.97%, with a projected continuous decline of 0.53% from 2023 to 2028.
Future trends to watch for:
- The impact of renewable energy integration on coal consumption- Regulatory changes and environmental policies influencing fossil fuel use- Technological advancements in energy efficiency and cleaner coal technologies