SMART Energy

WHAUP leveraged smart technologies to add value to its energy products, and generate the most benefits for its customers. In 2020, the Company continued to develop SMART energy solutions and micro grid systems under the Memorandum of Understanding (MOU) with the Provincial Electricity Authority (PEA). The objectives of this joint development is to potentially reduce electricity cost while increasing the energy within the industrial complex. The first project that will launch in 2021 is the Peer-to-Peer Energy Trading system. This enables industrial operators within WHA ESIE to conveniently buy or sell their generated solar energy via a smart energy trading platform that uses blockchain technology. The system, once fully implemented, will pave way for at least additional 50 MW of solar power available for use within the industrial complex, enabling industrial users to save more than 25 Million Baht per year and achieve over 1,000,000 tCO₂e reduction over the project life cycle.