Bangkok T77 precinct on-site tour
Thanks to BCPG and Power Ledger for the interview and assistance
The Energy Bit traveled to Bangkok, more precisely to the T77 urban precinct. I met with
The T77 community is a well-planned development uniting green spaces, world-class restaurants, and high-quality residential units. It’s located on a plot of over 8 ha in the middle of Sukhumvit, with easy access to the Sky Train and Expressways. The area is designed and built with extremely high standards and is now turning into a truly international community as many of the units have been sold to foreign buyers. The canal and the San Samram bridge have an enhancing effect on the project, bringing it to a new level and allowing visitors to enjoy the benefits of locally sourced electricity in beautiful surroundings.
Gloyta has faith in the renewable energy sector and in terms of sun exposure, Thailand is one of the best locations. However, the project itself has been quite a challenge. “It’s all about having the regulations in place, but since there are no regulations for peer-to-peer trading yet, that’s something we’ve been working with. The government is currently working with many stakeholders: the electricity authorities, the private sector, the tax authorities, and the customs office. Every stakeholder involved has to make sure the way forward is to distribute clean energy and to promote the market for prosumers.” The Thai government is now looking at which regulations to adjust and/or adapt to this new era of prosumers that will make a significant impact on this industry.
BCPG has a university pilot project going on in Chiang Mai. The project opened for bidding last year, and they won, in part because of technology that they could offer in addition to solar rooftop installations. The university is also looking to become a smart university, and that’s where their partnership with Power Ledger comes in. This venture will be something like the T77 project, but on a much larger scale since it’s up to 12 megawatts, which is almost 20 times bigger than T77. The installation of the solar panels starts at the beginning of next year, so before the end of 2019, we expect to see something up and running there. BCPG and Power Ledger are also planning to deploy a solution across multiple other prospective projects. BCPG is also looking forward to expanding beyond Thailand – in Japan, they already have footprints in solar farms and are looking to expand further into Southeast Asia, so there can be as many projects as the opportunity allows.
We want to thank BCPG and Gloyta for such an interesting tour on-site, and Power Ledger for helping arrange this meeting. It gave us a real insight into how the pilot project was executed with the collaboration of the most successful companies in the blockchain energy sector. We look forward to following BCPG’s and Power Ledger’s journey and we wish you all the best and future success.
– Eeki/The Energy Bit Team