Thailand's Energy Conservation Fund Allocates 1.42 Trillion Baht in 30 Years, Achieving Triple the Energy Savings of Budget

Thailand's Energy Conservation Fund (EnConSof) has announced the allocation of a total of 1.42 trillion baht since its establishment, marking its 30th anniversary. According to the fund, these investments have resulted in energy savings triple the amount of the budget allocated. The fund was established with the aim of promoting energy efficiency and the use of renewable energy in Thailand. Over the past 30 years, it has supported energy-saving projects and technological developments across various sectors, including industry, transportation, buildings, and households. Specific achievements include the upgrade to energy-efficient equipment, the adoption of energy-saving technologies, and the transition to renewable energy sources. These initiatives have contributed to strengthening Thailand's energy security, reducing reliance on fossil fuels, and cutting greenhouse gas emissions. Furthermore, cost reductions from energy conservation have also eased the economic burden on businesses and households. The fund plans to continue promoting Thailand's sustainable energy policies and contributing to climate change mitigation efforts. Source: MGR Online (Business)