Thailand’s economy is susceptible to global energy crises because about half of its energy supplies are sourced from overseas. Consequently, in January 2009, the National Energy Policy Council approved a 15-year renewable energy development plan (2008-2022) focusing on increasing the use of...

Given the rising price of crude oil, some developing countries including Thailand are looking towards developing their domestic renewable energy resources, in particular biofuels. However, there are concerns about the possible adverse effects such a policy strategy would have on key variables...