Client
A leading energy company in Thailand, renowned for its commitment to innovation and sustainability, partnered with Eurogroup Consulting to spearhead the country’s transition towards renewable energy. This initiative aimed to reduce Thailand’s carbon footprint, ensure energy security, and position the nation as a leader in green energy in Southeast Asia.
Issues
The company faced significant challenges, including dependency on imported fossil fuels, escalating energy demands due to economic growth, and the pressing need to address climate change commitments. Additionally, there was a lack of infrastructure and public awareness about the benefits of renewable energy, creating barriers to the adoption of green energy solutions.
Solution
Eurogroup Consulting devised a strategic roadmap that encompassed the expansion of renewable energy production, including solar, wind, hydro, and biomass. The strategy involved enhancing the existing energy infrastructure to support the integration of renewable sources, fostering public-private partnerships to finance renewable energy projects, and launching public awareness campaigns to promote the adoption of green energy.
Approach
The project commenced with an extensive analysis of the current energy landscape and identification of optimal locations for renewable energy projects. Eurogroup Consulting facilitated the modernization of the national grid to accommodate the variable nature of renewable energy and ensure reliable supply. Workshops and training sessions were organized for stakeholders to align on goals and strategies. The consultancy also worked with the client to develop incentive programs for businesses and households to switch to renewable energy sources.
Recommendations
To solidify Thailand’s position as a renewable energy leader, Eurogroup Consulting recommended ongoing investment in research and development to explore innovative green technologies and improve energy storage solutions. The firm emphasized the importance of strengthening regulatory frameworks to support renewable energy investments and streamline project approvals. Building a skilled workforce capable of supporting the renewable energy sector was also highlighted as a priority.
Engagement ROI
To solidify Thailand’s position as a renewable energy leader, Eurogroup Consulting recommended ongoing investment in research and development to explore innovative green technologies and improve energy storage solutions. The firm emphasized the importance of strengthening regulatory frameworks to support renewable energy investments and streamline project approvals. Building a skilled workforce capable of supporting the renewable energy sector was also highlighted as a priority.