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Thailand BOI Policy Acceleration: Biomass & Waste-to-Energy Become New Growth Engine for Thailand & ASEAN

Date:2025-12-23

Thailand has officially launched the Thailand FastPass policy led by BOI, prioritizing strategic industries, clean energy, and high-demand power sectors. This move will unlock large-scale investments, accelerate infrastructure development, and significantly boost renewable energy deployment — especially biomass and waste-to-energy (WtE).
 
 
 
Why will BOI FastPass strongly drive Biomass & WtE development?
 
FastPass focuses on sectors such as:
 
-data centers
 
-industrial parks
 
-manufacturing clusters
 
-renewable & low-carbon power supply
 
These sectors all share one requirement: stable, dispatchable, and low-carbon power — which makes biomass and WtE uniquely valuable.
 
 
 
Biomass & WtE are taking on critical strategic roles:
 
-Providing firm, 24/7 baseload renewable power
 
-Supporting national energy security
 
-Reducing landfill pressure and waste management challenges
 
-Creating rural economic value and agricultural income
 
-Supporting decarbonization targets while ensuring power stability
 
Unlike intermittent renewables, biomass and WtE deliver reliable, controllable energy, making them essential for ASEAN’s real energy transition.
 
 
 
ASEAN Biomass Market: Policy Momentum + Real Demand
 
Driven by government incentives, industrial electrification, and sustainability commitments, ASEAN is entering a new acceleration stage for biomass power.
 
 
 
Countries such as Thailand, Vietnam, Indonesia, and Malaysia are rapidly expanding:
 
-agricultural waste utilization
 
-biomass co-firing
 
-municipal solid waste to power
 
-industrial and captive biomass energy projects
 
This marks the transition from small pilot plants to large-scale, commercially competitive biomass systems.
 
 
 
 
What Does This Mean for Biomass & Energy Companies?
 
ASEAN is becoming one of the most promising biomass & WtE growth markets globally
 
The policy window is opening fast — early movers will lead the next 5–10 years
 
 
 
Technology providers, EPCs, equipment manufacturers, fuel solution suppliers and project developers will all find strong market opportunities
 
 
 
ASEAN Biomass Energy Expo 2026 & ASEE-ASEAN Smart Energy & Energy Storage Expo
 
As part of ASEAN Smart Energy & Energy Storage Expo 2026, the ASEAN Biomass Energy Expo will become a key platform connecting:
 
-policy
 
-industry
 
-investors
 
-project owners
 
to promote real business cooperation and accelerate biomass development across ASEAN.
 
 
Date: March 25–27, 2026
Location: IMPACT Exhibition and Convention Centre, Bangkok, Thailand
Join the ASEAN Biomass Power Ecosystem — FREE VIP PASS: https://lnkd.in/g_DsWkzN
 
Source: The Nation Thailand