Energy Research Institute, Chulalongkorn University, Bangkok, Thailand
The energy sector is currently facing different challenges. It is necessary for business leaders to understand the forthcoming changes that will affect their businesses in order to prepare themselves for any uncertainties and take advantage of new opportunities. This paper identifies changes that are expected to have an impact on Thailand’s energy system in the next 30 years and explores plausible scenarios for Thailand’s energy sector under such changes. The study starts with an examination of global and local circumstances. The examination pinpoints a focal issue as “to achieve sustainable development goals (SDG) by 2050”. Then, STEEP analysis is implemented to identify business drivers in social (S), technological (T), economical (E), ecological (E), and political (P) aspects. Subsequently, consultations with stakeholders are arranged to finalize the critical uncertainties. Policy and technology are fo
How Asian SMEs can manage energy to win
published : 11 Jan 2021 at 12:30
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In today s challenging world, as businesses fight to maintain market growth in an economy stunted by the Covid-19 pandemic, maintaining the health of small and medium enterprises (SMEs) is vital to long-term economic stability and growth in Asia.
But even as we look ahead to an economic rebound, we need to be aware that SMEs that do not address business infrastructure issues that threaten their resilience and competitiveness in a reset economic landscape, will fail.
SMEs fuel the Asia Pacific economy. According to Asian Development Bank data, they make up about 96% of all business, contributing significantly to the labour force, providing two out of three private-sector jobs.