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The Strength of the Baht


Central Scrutinizer

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I didn't ask for information. I stated the same thing your link said:

 

There is indeed more out there, but it is in small pockets or deep water that make development expensive. At 40 bucks a barrel, it wonâ??t pay to go get it.

 

Thailand will never come close to self-sufficiency in oil (as another poster implied), or even gas and energy imports will continue to be a significant cost to the economy.

TH

 

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:topic:

 

Interesting read on the current state and future of solar power here .

 

My understanding is solar power plants take up huge amounts of space, not a problem for Arizona, but making them impractical for a lot of countries. I understand that the immediate future for solar power is mainly in site specific installations supplementing the power grid.

 

For developing countries, the cost is just too high to compete with fossil fuel generation. Luckily, Thailand has lots of relatively clean gas to burn, at least for another 10-20 years or so. Maybe by then there will be cost effective alternatives available.

TH

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