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In Thailand, the Provincial Electricity Authority (PEA) announced plans to spend 2bn baht ($58,038,320) to deploy smart grid projects in five Thai cities.

The smart grid projects to be implemented in Pattaya, Chiang Mai, Phuket, Nakhon Ratchasima and Hat Yai are serving to accelerate the Thailand 4.0 initiative and smart city development in the country.PEA governor Sermsuk Klaikaew was reported saying, "We are embracing ICT including Internet of Things, cloud computing and data analytics to transform ourselves into PEA 4.0"The implementation of the smart grid projects are expected to be complete within the next two years, beggining with Pattaya in the next three months, added the Klaikaew.He went on to say that the authority's 20-year smart grid project for 2015-2035 will require an initial investments of more than 10 billion baht ($290,191,600).

Thailand Smart Grid

Over 400 local and global utility leaders from across the smart grid value chain gathered in Bangkok last February 2012. Attended and supported by the key decision makers from the local utilities like Provincial Electricity Authority, Metropolitan Electricity Authority, Electricity Generating Authority of Thailand and Energy Regulatory Commission of Thailand, the industry gathering focused on key issues shaping the Thai smart grid landscape and opportunities for further growth and expansion. Topics on the agenda included the progress of smart grid road-mapping in Thailand and IEC61850 strategy for substation design. More than just a mere event, this industry gathering provided a conducive platform for utilities, regulators, R&D institutes, technology providers and consultants to gather

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