Bundit Sapianchai, President and CEO, BCPG

Showcasing Thailand’s innovative approach to green energy distribution

In an interview with Global Platform, Bundit Sapianchai, President and CEO of BCPG, speaks on ways in which innovations in technology and energy management are encouraging consumers to generate reusable energy and sell it on the retail market. Looking ahead, advancements in blockchain technology could allow consumers to buy and sell green energy directly to the grid, reducing the need for government or utility company involvement. This, combined with Thailand’s proactive encouragement of a changing energy economy, is set to revolutionise power distribution in the country. 

Transcript:

Everybody knows that global warming is real, so every country start[ed] promoting the green energy. In the very early days, the technology [was] very expensive, so every government had to subsidise to make it happen. A very big change that we can see in the industry [is] the cost of producing is very low now, and it can be affordable. It's very competitive to conventional ways of producing energy. A very good example – the cost of solar panels dropped more than three times. 

Bundit Sapianchai, President and CEO, BCPG

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