Thailand Needs More Battery Energy Storage
Thailand may lack the Battery Energy Storage Systems (BESS) necessary to navigate supply and demand challenges. The 2024
The future of the BESS market in Thailand looks bright, with several factors boosting its growth. The government's initiatives to promote clean energy and the integration of renewable energy sources into the national grid system under Net Metering programs is one of the largest drivers.
In the future, when the proportion of renewable energy in Thailand's power system increases, BESS will become even more important for controlling the quality of electricity in real time as well as enhancing grid flexibility.
Additionally, the government provides financial incentives and tax breaks for companies investing in energy storage systems. Several big players are active in the energy storage market in Thailand, including AES, Samsung SDI, LG Chem, and Tesla.
Inside BESS are battery cells, power converter, power control and management system, and various security systems to provide the most stable energy reserve. BESS is comparable to the grid's enormous power bank that can respond to fast-changing electricity demand and immediately supply electricity when there is an increase in demand.
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