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Abstract “Carbon neutrality” has become a challenging target for the energy sector, which may lead to a major structural redesign of the sector. This may inevitably have an impact on the country’s economic structure. Future policies should be carefully formulated, taking into consideration both the positives and negatives, as well as the short-and long-term effects on the nation’s energy and economy in the future.  This will ensure that the nation receives the maximum benefit in terms of energy security, carbon targets, environmental and social care, and sustainable economic growth.  The various driving factors to achieve carbon neutrality by 2050 were analyzed based on the STEEP analysis, with an emphasis on the energy sector, which is found to make the largest contribution to greenhouse gas emissions. It found that political will, green technology, and financial incentives are the most influential factors in achieving the carbon neutrality target. These factors are considered as critical uncertainties when building two future scenarios for the energy sector. The Classic scenario reflects the attempt to achieve carbon neutrality with an emphasis on clean technologies, such as renewable energy, green hydrogen, and carbon capture, utilization, and storage (CCUS). Meanwhile, the target will become even more challenging when energy efficiency is to be increased, such as electric vehicle. The Orchestra scenario shows how energy management, a decentralized energy system and promoting the prosumer market, especially in the residential sector, are used to try to reach carbon neutrality. In conclusion, both scenarios may result in the achievement of the 2050 carbon neutrality target. The Orchestra scenario may need planning, a holistic management approach, and active cooperation from various sectors. On the contrary, in the Classic scenario, most activities are restricted to the energy sector, which may entail some risks, particularly the rising demand for carbon offsets from other countries. Downloads Download data is not yet available. Downloads FULL TEXT Published 2023-01-22 How to Cite Pongthanaisawan, J., Wangjiraniran, W., & Nakapreecha, N. (2023). Thailand Energy Scenarios: Pathways towards Carbon Neutrality 2050. International Journal of Energy Economics and Policy, 13(1), 489–500. https://doi.org/10.32479/ijeep.13884 More Citation Formats ACM ACS APA ABNT Chicago Harvard IEEE MLA Turabian Vancouver Download Citation Endnote/Zotero/Mendeley (RIS) BibTeX Issue Vol. 13 No. 1 (2023) Section Articles License Submission of an article implies that the work described has not been published previously , that it is not under consideration for publication elsewhere, that its publication is approved by all authors and tacitly or explicitly by the responsible authorities where the work was carried out, and that, if accepted, will not be published elsewhere in the same form, without the written consent of the Publisher. The Editors reserve the right to edit or otherwise alter all contributions, but authors will receive proofs for approval before publication. Most read articles by the same author(s) Nitida Nakapreecha, Supawat Vivanpatarakij, Kulyos Audomvongseree, Feasibility Study of Fuel Oil and Coal Replacement with Natural Gas in Thailand Context , International Journal of Energy Economics and Policy: Vol. 12 No. 2 (2022) Weerin Wangjiraniran, Jakapong Pongthanaisawan, Nitida Nakapreecha, Arwut Nitiphon , Suphakanya Suphapong , Benjaphat Phohphuech , Thapana Thanatsang, Prim Vinaisuratern , Plausible Scenarios for Thai Sustainable Energy in 2050: Cloud and Clear , International Journal of Energy Economics and Policy: Vol. 12 No. 4 (2022) Nitida Nakapreecha, Jakapong Pongthanaisawan, Weerin Wangjiraniran, Supawat Vivanpatarakij, Kulyos Audomvongseree, Prospect of Hydrogen Usage in the Industrial Sector: Thailand Context , International Journal of Energy Economics and Policy: Vol. 13 No. 3 (2023) Weerin Wangjiraniran, Jakapong Pongthanaisawan, Nitida Nakapreech, Assessment on Energy Technology Toward Carbon Neutrality Policy Using Multi-Criteria Decision Analysis: A Case of Thailand , International Journal of Energy Economics and Policy: Vol. 13 No. 4 (2023) Make a Submission Make a Submission Dergi Kapağı

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