International Conference on Energy 4.0: Designing the Future of Thailand’s Power Sector - Event Summary
ADB and Thailand's Ministry of Energy jointly organized a two-day international conference in Bangkok during 24-25 January 2019 to deliberate on the future of Thailand's power sector. Drawing on experience and inputs from a wide range of policy makers, experts, academics, practitioners, leading thinkers and delegates, the two-day conference offered new insights that will influence the design and development of Thailand's power sector.
The conference was built around a triad of themes related to energy and the future of the electric utility: transport and mobility, scaling up renewable energy, energy efficiency and digitalization. If there was any doubt before the conference about how rapid changes within these three areas were going to be critical to shaping utility business models, the dynamic discussions in the conference provided a clear confirmation that a new future was not just imminent but already rapidly taking shape.
Innovation, clean technologies, declining costs, the need to address climate change, government policies, digital technologies and community activism on climate are all combining to shape a new energy sector. Conference discussions focused on these themes, covering best practices and experiences from Thailand and internationally, to consider how Thailand's power sector can—and indeed must—evolve to adopt, adapt and grow with these changes.