The CEO Magazine Asia - April 2018

”

“

theceomagazine.com | 75

We’re

small

BUT

beautiful.

With focus on renewable energy and

peer-to-peer energy trading, BCPG is

building a new energy economy in Thailand.

WORDS HOLLY JOHNSON • IMAGES JONATHAN TAYLOR

I

t’s common knowledge that you can sell your excess

solar power back to the grid, but what if you could

cut out the middleman and on-sell directly to your

neighbour instead? This peer-to-peer (P2P) trading

network will soon be a reality in Thailand – the first

initiative of its kind in South East Asia – thanks to

leading independent power producer (IPP) BCPG Plc.

The renewables arm of oil and gas giant Bangchak

Corporation, BCPG was established in 2015 and is now

one of the largest IPPs in Thailand. Its portfolio includes

182 megawatts of operating solar in Thailand and

236 megawatts in Japan; some 20 megawatts of wind

energy in the Philippines; and another 180 megawatts

in geothermal in Indonesia. By 2020, BCPG’s goal is to

operate a total of 1,000 megawatts of renewable energy

by diligently investing in, managing, and developing

as many types of renewable energy as possible. »

Interview | INNOVATE