Phasing out coal makes economic senseListen to this articleMae Moh coal-fired power plants in Lampang province are shown in this Oct 10, 2024, file photo. Economic imperativeDear readers, despite the not-so-inspiring energy policy, I remain hopeful. Notably, retiring coal power plants early is significantly more cost-effective than investing in small nuclear reactors, which are pricier. It is six times cheaper than offshore CCS and over 20 times cheaper than building hydrogen power plants. In 2022, the Philippines' ACEN Corp successfully spun off its 246 MW SLTEC coal plant into a special purpose vehicle (SPV).

Source: Bangkok Post December 24, 2025 00:17 UTC