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Swing towards Alternate Energy Sources Affects Thai Oil Refineries.
Jan. 7--The use of non-petroleum energy in place of oil to generate electricity is gaining momentum, putting more financial pressure on oil refineries.
Oil prices have surged to record levels in recent years, flowing into energy costs for all industries, says the National Energy Policy Office (Nepo).
Petroleum provides 69 percent of the country's total energy needs, and other sources 31 percent. Oil accounts for 44 percent, natural gas 25 percent, coal 11 percent and other fuels such as biomass, biogas, solar cells and hydro power 20 percent.
To stabilise energy costs, Nepo plans to increase the use of non-petroleum energy to balance power production sources. It wants to reduce petroleum used for power generation to 41 percent and ...
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