Bangkok, EGAT together with Lao Electricity State Enterprise, Chiyoda Company and Mitsubishi Company signed a memorandum of cooperation to study and develop the use of renewable energy certificates. To produce green hydrogen (Green hydrogen) and ammonia. in areas with potential in Thailand Moving forward with green energy, heading towards Carbon Neutrality and Net Zero Emission. The Electricity Generating Authority of Thailand (EGAT), Lao Electricity State Enterprise (EDL), Chiyoda Corporation (CYD), and Mitsubishi Company (Thailand) Ltd. (MCT) signed a memorandum of cooperation (MOC) to study and develop methods. Take advantage of cross-border Renewable Energy Certificates (RECs) to import renewable energy electricity from the Lao People's Democratic Republic (Lao PDR) to produce green hydrogen (Green hydrogen) and ammonia. in potential areas of Thailand including studying hydrogen business opportunities and green ammonia both in Thailand and abroad, with Mr. Debarat Theppitak, Governor of EGAT, Mr. Wongsa kul Yingyong, Managing Director of EDL Company, signing along with Mr. Yasuhiro Inoue General Manager - Hydrogen Business Department, CYD and Mr. Kazuhiro Watanabe Senior. Vice President, MCT signed as a witness at the Auditorium, EGAT 50th Anniversary Building, EGAT Head Office, Nonthaburi Province. Mr. Debarat Theppitak, Governor of EGAT, said that signing this time Following the signing of a cooperation agreement with leading Japanese companies in 2023 to study and develop a project to produce hydrogen and clean ammonia in potential areas, EGAT found that the cost of electricity from renewable energy is a factor that It has a significant effect on the price of hydrogen. EGAT therefore has an idea to study the utilization of hydroelectric power production in Lao PDR and if the cost of clean energy for the green hydrogen production project in Thailand decreased This will keep the price of hydrogen produced at a competitive level in both the domestic and international markets. Continuously push for the devel opment of hydrogen-related projects. Promote the use of clean energy to reduce carbon dioxide and greenhouse gas emissions. To achieve the country's Carbon Neutrality and Net Zero Greenhouse Gas Emissions goals sustainably. Mr. Wongsakul Yingyong, Managing Director of EDL Company, revealed that Lao PDR has the potential to be a source of renewable energy production. And there is an electrical network connected to EGAT. EDL is a state enterprise of the Lao PDR that has a role in planning the electrical system and overseeing the country's electrical energy security. This cooperation presents a good opportunity for the development of renewable energy through the study and application of RECs in green hydrogen and ammonia projects. It also promotes work and international relations. To move towards green energy in the future together Mr. Yasuhiro Inoue General Manager - Hydrogen Business Department (Mr. Yasuhiro Inoue General Manager Hydrogen Business Department) CYD representative said that CYD, as a global eng ineering company, is willing to support technical cooperation. To take part in the development and expansion of clean energy in Thailand, Laos, and Japan in the future. Mr. Kazuhiro Watanabe Senior Vice President (Mr. Kazuhiro Watanabe, Senior Vice President), representative of MCT, said that this study marks another step in expanding and completing the development of green hydrogen and ammonia production. in potential areas of Thailand Through importing renewable energy from Lao PDR using the RECs mechanism, which will help improve competition. This cooperation will create a source of green hydrogen production within the country. This will affect the development of clean energy in the region. That will be part of the move towards carbon neutrality that the world has a common goal for in the future. Source: Thai News Agency
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