In order to strengthen Thailand’s long-term energy security and global economic competitiveness the country has committed itself to develop its alternative energy capabilities. This policy emerged at the national level as the Alternative Energy and Development Plan (AEDP), a 10 year initiative (2012-2021) to better diversify and build a more sustainable energy sector. With this plan, Thailand has set the target of increasing alternative energy consumption from 9,025 ktoe (kilo tonnes of oil equivalent) in 2014 to 24,638 ktoe in 2021. The Department of Alternative Energy and Development and Efficiency has been assigned to oversee alternative and renewable energy improvement.
Now many corporations around the world are transitioning into Industry 4.0, making use of artificial intelligence, big data management, and the Internet of Things (IoT) to seamlessly work together, to exponentially increase both production and productivity.
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