ABOUT US
SUSTAINABILITY
GULF’s gas-fired Independent Power Producer (“IPP”), power generation projects that generate and sell electricity to EGAT under a 25-year Power Purchase Agreement (“PPA”), while its gas-fired Small Power Producer (“SPP”) projects sell 70% - 80% of the electricity they generate to EGAT under a 25-year PPA. The PPAs begin when a project achieves commercial operation.
Electricity sold to EGAT is distributed through EGAT’s country-wide transmission network from where
it
is then sold to PEA and MEA who then distribute it to consumers across Thailand. GULF’s SPPs also
sell
electricity, steam and chilled water to industrial users.
In Thailand, GULF currently has 21 gas-fired power generation projects in operation, with another 4
gas-fired IPPs in development. Overseas, GULF is developing a captive gas-fired power project in the
Duqm Special Economic Zone in Oman.
Thailand
Oman
The production of electricity from sources that are replenished naturally and can be used continuously without depleting them. Examples include solar power, wind power, hydroelectric power, geothermal power, and biomass. These sources of energy do not release greenhouse gasses or other pollutants, making them a cleaner and more sustainable alternative to traditional fossil fuel-based power generation. Additionally, renewable energy can be generated at a local level, which can help reduce dependence on imported fossil fuels and improve energy security.
The production of electricity from sources that are replenished naturally and can be used continuously without depleting them. Examples include solar power, wind power, hydroelectric power, geothermal power, and biomass. These sources of energy do not release greenhouse gasses or other pollutants, making them a cleaner and more sustainable alternative to traditional fossil fuel-based power generation. Additionally, renewable energy can be generated at a local level, which can help reduce dependence on imported fossil fuels and improve energy security.
As the earth's delicate ecosystems grapple with the consequences of human progress, the transition to renewable power generation has emerged as a linchpin in our quest for a sustainable future. The significance of this transition cannot be overstated, as it not only charts a course for a cleaner planet but also underscores a global commitment to safeguarding the future for generations to come.
The burning of fossil fuels, such as coal, oil, and natural gas, is the primary source of greenhouse gas emissions, which are the main driver of climate change. Renewable energy sources do not produce emissions of pollutants, making them a cleaner and more sustainable alternative to traditional fossil fuel-based power generation.
Renewable energy can be generated at a local level, reducing dependence on imported fossil fuels and improving energy security. This is important for countries that are heavily dependent on imported fossil fuels and for mitigating the risk of price fluctuations and supply disruptions.
The cost of renewable energy technologies has decreased significantly in recent years, making
them
increasingly cost-competitive with traditional fossil fuels. This is important for decreasing
energy costs
for households and businesses, and for making energy more accessible to people in developing
countries.
Electricity is an essential energy for life that facilitate human society, and there are also
other energy
sources to generate electricity, such as, wind power, solar energy, water energy, or thermal
energy. These
different energies are transformed into electricity. Thus, each power plant has different
functions and
processes for different types of energy. This makes the power plant play an important role in
the power
generation in order to be able to meet human needs for electricity resources.