Quantcast
 
New book by Larry Connors Click here Improve your trading - See how


 

Ministry takes a close look at wind power

Fri. October 16, 2009; Posted: 01:35 PM
Stocks RSS
Oct 15, 2009 (Bangkok Post - McClatchy-Tribune Information Services via COMTEX) -- AEGC | Quote | Chart | News | PowerRating -- The feasibility of wind power will be studied by an Energy Ministry department as part of plans to reduce Thailand's dependence on imported energy, a senior officials says.

The Thai Meteorological Department conducted the last study on wind power a decade ago and found that only limited areas in Thailand could make use of wind power to generate electricity due to the technology's low level of development at the time, said Krairit Nilkuha, director-general of the Energy Ministry's Department of Alternative Energy Development and Efficiency (DEDE).

The state agency now needs a new study to help encourage private investment in wind-power as the DEDE plans to auction concessions, under an independent power producer model, for the technology.

"Most of Thailand's highland areas are the property of state agencies," he said. "So, any projects developed on such land will have to be operated as concessions."

Silpakorn University has been assigned to conduct the feasibility study which is scheduled to be completed within the first quarter of next year.

"The old data only found potential sites [for wind power turbines] in the lowlands and near to the coast," he said. "However, with new technology, even highland areas that are 800 to 900 metres above sea level, such as mountains and cliffs, can be used to develop projects. We need a new study to confirm the possibility."

Many of the old wind-power projects failed commercially. Some were only able to operate for a few days every month due to low wind speeds, Mr Krairit said.

Under Thailand's renewable power development plan for 2007 to 2022, wind-power would be developed to produce 115 megawatts of electricity per year within 2011, rising to 375 MW in 2016 and 800 MW in 2022.

The DEDE will also conduct a feasibility study on solar power in Thailand to reflect recent developments in solar cell technology.

"Both solar and wind-power should be promoted and developed, either the public or private sector should be gathered to help speed up our progress on renewable energy," he said. "We depend too much on imported energy."

Thailand's current wind-power capacity is just one megawatt per year, according to DEDE, but this is expected to increase to more than 10 MW within 2011 with Ratchaburi Generating Holding Plc's development of new projects in Nakhon Ratchasima and Phetchabun.

To see more of the Bangkok Post, or to subscribe to the newspaper, go to
http://www.bangkokpost.com. Copyright (c) 2009, Bangkok Post, Thailand
Distributed by McClatchy-Tribune Information Services. For reprints, email
tmsreprints@permissionsgroup.com, call 800-374-7985 or 847-635-6550, send a fax
to 847-635-6968, or write to The Permissions Group Inc., 1247 Milwaukee Ave.,
Suite 303, Glenview, IL 60025, USA.
For full details for AEGC click here.

    


More News:   Market Updates | Stock Alerts | All Trading News | Stock Index

Email
Print
Archives
Feedback
Email Article Link
Close X
Recipients email address
Your name
Your email
Add a note (optional)




Stocks RSS





Related News [AEGC]
  UPCOMING EVENTS
Learn new strategies, how to trade in this market, and the stocks you should be focusing on each day. Join us for our free 20 minute tele-seminars during the week.
* Attendance is strictly limited and are filled on a first-come, first-served basis.
PREMIER SPONSORED LINKS
TRADE CENTER
 
The TradingMarkets Directory
RELATED SITES
Nothing but forex
Please call 1-213-955-5858 ext. 1

About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback

Disclaimer:

The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.

It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.

HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.

The Connors Group, Inc.
10 Exchange Place, Suite 1800
Jersey City, NJ 07302

© Copyright 2009 The Connors Group, Inc.


All analyst commentary provided on TradingMarkets.com is provided for educational purposes only. The analysts and employees or affiliates of TradingMarkets.com may hold positions in the stocks or industries discussed here. This information is NOT a recommendation or solicitation to buy or sell any securities. Your use of this and all information contained on TradingMarkets.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy.

© 2009 The Connors Group, Inc.