Why is this Important?

As Thailand’s major power generation company, EGCO Group is committed to enhancing its potential and availability of electricity generation capacity toward ecological economic excellence in the energy infrastructure business, focusing on the investment in high efficiency, low pollution power sources including clean fuels, low carbon energy, and other renewable energy.

To ensure the achievement of the power generation plan and the electricity is continually delivered as committed in the agreement, EGCO Group has increased its generation capacity in line with government policy to maintain the country’s power stability, as well as respond to the demands of customers and electricity users. Apart from power generation from diverse types of fuel, EGCO Group has decentralized its energy generation centers via investment in power plants of various generation capacities both in Thailand and other countries.

Stakeholder Impact on Material Topics

Employee

Customers

Community

Investors

Management Approach

Availability and Reliability Target

Long Term Target
  • 2027 Target: Plant availability

    Natural gas power plant: 

    90%

  • Coal-fired power plant: 

    85%

  • 2027 Target: Plant Heat Rate

    Natural gas power plant: 

    7,360.78 BTU/kWh

  • Coal-fired power plant: 

    9,396.93 BTU/kWh

2022 Target
  • Plant Availability

    Natural gas power plant: 

    93.86%

  • Coal-fired power plant: 

    86.67%

  • Plant Heat Rate

    Natural gas power plant: 

    8,598.32 BTU/kWh

  • Coal-fired power plant: 

    9,468.22 BTU/kWh

2022 Performance
  • Plant Availability

    Natural gas power plant: 

    93.49%

  • Coal-fired power plant: 

    85.89%

  • Plant Heat Rate

    Natural gas power plant: 

    7,931 BTU/kWh

  • Coal-fired power plant: 

    9,784 BTU/kWh

* Performance includes EGCO Group’s subsidiaries and 100% joint ventures

Excellence Generation, Reliability and Availability

EGCO Group aims to enhance its electricity generation capacity to become a power producer excellence by seeking new efficient and environmentally friendly technology for its production process, for example, adopting technology solution TOMONI™ at Khanom Power Plant that enhances the efficiency and effectiveness of the power plant by increasing the temperature of exhausts from gas turbine, reducing energy consumption, and speeding up the response for any problem, thus increases machine reliability and avoids unplanned shutdown. In addition, EGCO Group has monitored the efficiency of machinery operation at each power plant constantly to maintain production efficiency of the plants and has set availability control value as a key performance indicator (KPI) of power plants which is also used for evaluating the performance of staffs at the power plants.

2022 Electricity Generation Mix

Total Equity Gross Generation (GWh)

Own Business Equity Gross Generation (GWh)

Remark:

Own Business = Total (excluding Thailand JV)

Electricity generation mix for renewable energy can be broken down into:

Wind 406 GWh (1.64%)
Hydroelectric 2,624 GWh (10.63%)
Solar 110 GWh (0.45%)
Biomass 46 GWh (0.19%)
Geothermal 1,428 GWh (5.79%)
Total 4,614 GWh (18.70%)

2022 Revenue from Electricity Generation

Total Revenue from Electricity Generation (THB)

Revenue from Electricity Generation (THB)

Remark:

Own Business = Total (excluding Thailand JV)

Electricity generation mix for renewable energy can be broken down into:

Wind 2,322,103,886 THB (3.51%)
Hydroelectric 1,777,523,527 THB (2.68%)
Solar 1,586,674,039 THB (2.40%)
Biomass 269,101,009 THB (0.41%)
Geothermal 1,149,698,922 THB (1.74%)
Total 7,105,101,384 (10.74%)

2022 Electricity Capacity Mix

Total Equity Capacity (MWe)

Own Business Equity Capacity (MWe)

Remark:

Own Business = Total (excluding Thailand JV)

Electricity generation mix for renewable energy can be broken down into:

Wind 200 MWe (4.81%)
Hydroelectric 535 MWe (12.85%)
Solar 58 MWe (1.39%)
Biomass 6 MWe (0.14%)
Geothermal 175 MWe (4.20%)
Total 974 MWe (23.40%)

Related Documents

Policies, Requirements and Performance

Performance Data

Updated as of March 2023

The information reported above was prepared in accordance with the Global Reporting Initiative Standards (GRI Standards). It has been audited by an external party and has received limited assurance through the 2022 Annual Report.