Thailand’s Renewable Energy Potential: BCG Insights and Strategies

Dr. Marko Lackovic (left), Managing Director & Partner, Boston Consulting Group, and Suncica Zdunic  (right), Project Leader, Boston Consulting Group, participated in a discussion about how renewable energy is a pivotal force in the global energy transition, particularly in the Asia-Pacific (APAC) region, and Thailand has a valuable role to play. Despite starting from a low base, renewable energy is experiencing robust growth in APAC, with installed generation capacity increasing at an average compound annual growth rate (CAGR) of 9%. By 2030, renewable energy is expected to account for 30% to 50% of the power generation mix across most APAC markets.