US and Thailand advance power cooperation in current discussions

The United States and Thailand have lately agreed to advance vitality cooperation throughout talks in Washington, DC. The Office of the Spokesperson for the US Department of State issued a joint press assertion revealing that the discussions occurred in the course of the third US-Thailand Energy Policy Dialogue, held from April 18 to April 20. Both nations aimed to deepen their ties on vitality cooperation, with discussions led by Assistant Secretary for the Bureau of Energy Resources (ENR), Geoffrey Pyatt, alongside Thailand’s Permanent Secretary for Energy, Kulit Sombatsiri.
As a results of these discussions, the 2 international locations agreed to develop a mechanism that will build on the dialogue to advance clean power cooperation in the coming 12 months. The ENR is liable for main the State Department’s efforts in crafting and implementing international vitality policies. Through diplomatic and programmatic engagements, they promote a low-emissions future, power safety for the US and its allies, and financial prosperity through sustainable, affordable, and reliable vitality entry.
The statement highlighted the dedication of each nations to boost Thailand’s vitality security amidst international and regional vitality market pressures. They purpose to encourage open markets and scale back obstacles to scrub energy development and trade. Additionally, the two nations resolved to increase energy effectivity, strengthen clean vitality supply chains for electric vehicles and their batteries, and capitalise on alternatives for energy-related funding and trade under the US Inflation Reduction Act.
During the dialogue, representatives discussed a plan to speed up renewable power funding underneath the Clean Energy Demand Initiative and assessed progress made within the Japan-US-Mekong Power Partnership (JUMPP). This consists of the release of the JUMPP Action Plan on April 6 and US Vice President Kamala Harris’ announcement in November 2022 requesting up to US$20 million (676.1 million baht) in extra funding for JUMPP from the US Congress.
List , JUMPP, provided technical help in support of Thailand’s plans to broaden cross-border electricity trade, deploy renewable vitality and battery storage, develop electric vehicle technique, improve market transparency, and more. The two nations additionally moved ahead with initial talks exploring alternatives under the Japan-US Clean Energy Partnership..

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