PTT Group: PTT joins forces with WHAUP, Sertis and PEA to unlock free power purchases for industrial sectors for the first time in Thailand through the power trading platform “RENEX”, aiming to start 23 customers to support energy portfolios

PTT Public Company Limited, together with WHA Utilities and Power Public Company Limited, Sertis Company Limited and the Provincial Electricity Authority, developed the Peer – to – Peer Energy Trading Platform through Blockchain technology , the first electricity trading in Thailand Under the name “ RENEX ”, it increases the efficiency of transaction security and facilitates energy trading for small-scale power producers and energy users, starting with the first 23 in WHA’s industrial estates. join the project

Dr. Nipon Boondechanan Chief Executive Officer WHA Utilities and Power Public Company Limited ( WHAUP ) revealed that from the commitment to be a leader in the renewable energy business. And the development of energy innovations, the company has continued to invest in the solar energy business. Along with the development of various technologies such as the development of a smart energy platform or Smart Energy to buy and sell electricity from clean energy among customers within WHA’s industrial estates. This led to the development of a Peer – to – Peer Energy Trading electricity trading system using Blockchain technology , which is part of the ERC Sandbox .or an energy innovation experiment project of the Energy Regulatory Commission from the cooperation between the companies and leading partners in energy and technology To allow entrepreneurs to bid or sell electricity from the solar power system between themselves freely through the grid system of the electricity grid. Currently, it has begun testing electricity trading. And there are leading operators in WHA’s industrial estates. Join this RENEX project , up to 23 companies are preparing to provide commercial trading services. After the government has approved

Mr. Noppadon Pinsupha , Chief Operating Officer of New Business and Infrastructure Group, PTT Public Company Limited , said that the intelligent energy management system It is another important mechanism in the future energy business group that is an important goal of PTT to enhance energy management efficiency. and upgrading the country’s sustainable energy innovation According to the vision framework “Powering Life with Future Energy and Beyond to drive every life. With the power of the future”, the development of energy management systems both in the adoption of Blockchain technologyto help in energy trading as well as introducing energy innovations to meet the demand for new fuels. All this to support the growth of renewable energy in the future. and create connections between activities related to the efficient use of renewable energy as well as upgrading products and services of international quality To deliver to industrial customers and service recipients in a comprehensive way along with driving the country towards a low-carbon society This cooperation with partners Therefore, it is an important force in supporting the development of digital technology in order to strengthen the country’s energy innovation ecosystem to be more ready and complete for further development for sustainable energy production in the future.

Mr. Thatchakon Wachiramon, Chief Executive Officer and Founder of Sertis Company Limited, said that as
Sertis is a consulting and development company in information technology and innovative digital solutions. therefore have the opportunity to be part of the progress of the project development “Digital Smart Energy Management System or Renewable Exchange Energy Platform ( RENEX )” which is the application of blockchain technology ( blockchain ) as the basis of the solar power trading platform. Aims to benefit all parties using the platform. both in terms of use Energy buyer (buyer ) and seller ( seller) will be able to buy and sell solar energy at the desired price and quantity on a stable and secure platform. through a price matching and bidding system co-invented with PTT until it has been certified with a petty patent “How to buy electricity with an infrastructure connecting buyers and sellers or Smart Energy Platform ” from the Department of Intellectual Property Ministry of Commerce This will effectively reduce the organization’s energy costs. and as for Sertis himself As system administrators ( platform operators ), we are committed to developing a secure system. credible and verifiable And in the future, we will bring artificial intelligence or AI technology. Together with other technologies used to develop the system to meet the usage patterns and needs of users to be more suitable and better

“This project will be the starting point for utilizing the potential of technology. This is coupled with the ability of personnel to develop a platform that facilitates and supports the operations of the clean energy trading industry. I believe that this success will be a starting point that will encourage the SME industry to grow steadily and steadily both in the country and in the region in the future,” added Mr. Thatchakon.

Free electricity trading with Blockchain technology is new to the industry. But today is actually happening in Thailand. at WHA’s industrial estate for the first time There will be the first group of 23 entrepreneurs to join the Clean Energy Trader and this project when it is successful. This will promote the development of the Thai energy industry. Reduces energy costs for the industrial sector It also helps to support clean energy use. Promote energy innovation and protect the environment as well