Thailand Launches UGT2 Program to Enhance Corporate Access to Renewable Energy

Thailand's Energy Regulatory Commission has launched the Utility Green Tariff program (UGT2) to support businesses in accessing renewable energy. Targeting large industrial and commercial consumers, UGT2 focuses on electricity from new renewable projects expected to commence between 2024 and 2030, including solar, wind, and biogas. The program includes Renewable Energy Certificates to ensure transparency. Pricing is set at approximately 4.56 Thai Baht per kilowatt-hour, offering long-term price stability and a fixed contract period of 10 years, aiding Thailand's transition to a sustainable energy future.

Published Mar 21, 2026

Thailand has launched the Utility Green Tariff program (UGT2) to aid corporate access to renewable energy. This initiative by the Energy Regulatory Commission is aimed at large industrial and commercial consumers seeking a reliable source of green electricity.

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UGT2 focuses on electricity from new renewable projects starting between 2024 and 2030, encompassing solar, wind, and biogas. The program includes Renewable Energy Certificates to certify the source of energy.

Pricing is set at approximately 4.56 Thai Baht per kilowatt-hour, providing long-term price certainty and a 10-year contract period. UGT2 supports Thailand's goal of becoming a competitive manufacturing hub while promoting sustainability.