Potential offtaker

PTT Public Company Limited

www.pttplc.com

Estimated electricity consumption

N/A

Countries of production presence

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PTT Public Company Limited, commonly known as PTT PCL, is a Thai multinational oil and gas company that is headquartered in Bangkok, Thailand. The company operates in the Integrated Oils sector and is one of the largest oil and gas companies in Southeast Asia. PTT PCL has a diverse range of businesses, including exploration and production, refining and marketing, petrochemicals, and power generation.

Decarbonisation is a key focus area for PTT PCL. The company is committed to reducing its carbon footprint and has set ambitious targets to achieve this. PTT PCL aims to reduce its greenhouse gas emissions by 20% by 2030 and to achieve net-zero emissions by 2050. To achieve these targets, the company is investing in renewable energy and energy efficiency measures.

Corporate energy is another area of focus for PTT PCL. The company is committed to providing reliable and affordable energy to its customers, while also reducing its environmental impact. PTT PCL is investing in new technologies and innovations to improve its energy efficiency and reduce its carbon footprint. The company is also exploring new business models, such as corporate power purchase agreements (PPAs), to help its customers meet their sustainability goals.

Renewable energy is a key part of PTT PCL's strategy for decarbonisation. The company is investing in a range of renewable energy technologies, including solar, wind, and biomass. PTT PCL has set a target to have 2,500 MW of renewable energy capacity by 2030, which will help to reduce its reliance on fossil fuels and reduce its carbon footprint.

Corporate PPAs are an important part of PTT PCL's renewable energy strategy. The company is working with its customers to provide them with access to renewable energy through long-term power purchase agreements. These agreements enable customers to purchase renewable energy at a fixed price, which helps to reduce their energy costs and improve their sustainability performance.

PTT PCL is also investing in new technologies and innovations to improve its energy efficiency and reduce its carbon footprint. The company is exploring new ways to reduce its energy consumption, such as using energy-efficient lighting and HVAC systems. PTT PCL is also investing in new technologies to reduce its emissions, such as carbon capture and storage (CCS) and hydrogen fuel cells.

In addition to its focus on decarbonisation and renewable energy, PTT PCL is also committed to social responsibility and community development. The company has a range of initiatives to support local communities, including education and healthcare programs, environmental conservation, and disaster relief efforts.

Overall, PTT PCL is a leading player in the Integrated Oils sector, with a strong commitment to decarbonisation and renewable energy. The company's focus on corporate energy and corporate PPAs is helping its customers to meet their sustainability goals, while its investments in new technologies and innovations are helping to reduce its own carbon footprint. PTT PCL's commitment to social responsibility and community development also sets it apart as a responsible and sustainable business.

✓ Climate Action 100+ company
✓ Declared Net Zero commitment