Thailand inks deal with DNV GL to improve energy security
The partnership will explore new technologies in transmission systems.
International certification body DNV GL signed a Memorandum of Understanding (MoU) with the Electricity Generating Authority of Thailand (EGAT) at the EGAT Headquarters in Nonthaburi, Thailand. The MoU was signed by Mathias Steck, Executive Vice President Asia Pacific, DNV GL – Energy and Suthon Boonprasong, Deputy Governor of Transmission Systems, EGAT.
DNV GL will lend its expertise to EGAT as its a preferred technical advisor to harness quality, promote technology and give EGAT a competitive edge. The expertise will consist of exploring new technologies in transmission systems, smart asset management and disruptive technologies for the energy industry which will propel EGAT to a market leading position in the highly competitive Thai utilities sector and be one of the best in the region.
The second-largest economy in Southeast Asia after Indonesia, Thailand faces electricity security challenges that will require sustained efforts to diversify the power sector’s fuel sources. Natural gas currently generates two-thirds of the country’s electricity, but domestic gas resources are set to begin depleting rapidly and almost all imports come from a single country, Myanmar, leaving Thailand vulnerable to supply disruptions.