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2026-09-17 14:56:09
[Thailand accelerates electrification by taking advantage of the oil shock: reducing dependence on imported crude oil, with a target of at least 65% clean energy] (1) Thailand is taking advantage of the current oil shock to accelerate electrification and develop its domestic energy resources, reducing its dependence on imported crude oil. (2) Thailand relies on imports for about 90% of its oil supply. The government plans to promote battery-powered vehicles and increase the proportion of electricity used to reduce dependence on imported crude oil. (3) Thailand hopes to increase the proportion of electricity in final energy consumption to buffer the impact of global fossil fuel price fluctuations on its economy and reap environmental benefits. (4) The target is for clean energy to account for at least 65%.
