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DNV GL signs Memorandum of Understanding with Electricity Generating Authority of Thailand



March 20, 2017

DNV GL, the world's largest resource of independent energy experts and certification body, signed a Memorandum of Understanding (MoU) with the Electricity Generating Authority of Thailand (EGAT) at the EGAT Headquarters in Nonthaburi, Thailand yesterday (3/7) afternoon. The MoU was signed by Mathias Steck, Executive Vice President Asia Pacific, DNV GL - Energy and Suthon Boonprasong, Deputy Governor of Transmission Systems, EGAT.

DNV GL, with its knowledge and global experience in the various fields of energy asset management and grid integration, will lend its expertise to EGAT as its a preferred technical advisor to harness quality, promote technology and give EGAT a competitive edge. The expertise will consist of exploring new technologies in transmission systems, smart asset management and disruptive technologies for the energy industry which will propel EGAT to a market leading position in the highly competitive Thai utilities sector and be one of the best in the region.

EGAT looks to DNV GL as a valued partner in their journey to digitalization and future proofing their existing asset. In his address Suthon Boonprasong, Deputy Governor of Transmission Systems, EGAT expressed, "I am glad for EGAT to collaborate with technologically advanced company, DNV GL. With their dedication to making the world safer, smarter and greener, this MoU will facilitate technical collaborations and knowledge sharing while also considering environmental trends and issues."

Mathias Steck, Executive Vice President Asia Pacific, DNV GL - Energy comments, "We are delighted to collaborate with EGAT, an established partner in Thailand. This strategic collaboration enables DNV GL to better support Thai industries and businesses and deliver exceptional value to our clients." The second-largest economy in Southeast Asia after Indonesia, Thailand faces electricity security challenges that will require sustained efforts to diversify the power sector's fuel sources. Natural gas currently generates two-thirds of the country's electricity, but domestic gas resources are set to begin depleting rapidly and almost all imports come from a single country, Myanmar, leaving Thailand vulnerable to supply disruptions.

Thailand's 2015 Power Development Plan sets a timetable for developing new generation to meet growing electricity demand. The share of gas-fired generation is projected to fall to 37% of electricity in 2036.  To offset this decline, coal's share is expected to increase from 20% to 23%, renewables will double to 20% and hydropower will rise from 8% to 10%. The plan is consistent with Thailand's pledge to the COP21 UN climate negotiations in Paris to reduce power-related carbon dioxide emissions by 20% compared with "business as usual" by 2030. (Source: IEA press release 7 April 2016)

DNV GL

Driven by our purpose of safeguarding life, property and the environment, DNV GL enables organizations to advance the safety and sustainability of their business. We provide classification and technical assurance along with software and independent expert advisory services to the maritime, oil & gas and energy industries. We also provide certification services to customers across a wide range of industries. Operating in more than 100 countries, our professionals are dedicated to helping our customers make the world safer, smarter and greener.

In the Energy Industry

In DNV GL we unite the strengths of DNV, KEMA, Garrad Hassan and GL Renewables Certification. DNV GL's 2,500 energy experts support customers around the globe in delivering a safe, reliable, efficient and sustainable energy supply. We deliver world-renowned testing, certification and advisory services to the energy value chain including renewables and energy efficiency. Our expertise spans onshore and offshore wind power, solar, conventional generation, transmission and distribu¬tion, smart grids and sustainable energy use, as well as energy markets and regulations. Our testing, certification and advisory services are delivered independent from each other.  Learn more at www.dnvgl.com/energy.

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Link http://www.electricenergyonline.com/detail_news.php?ID=627474
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