On April 24, 2024 Mr. Worawat Pitayasiri, President and Chief Executive Officer of Global Power Synergy Public Company Limited or GPSC, the innovative power flagship of PTT Group, signed the memorandum of understanding (MOU) with Mr. Klaus Nyengaard, Chief Executive Officer of Seaborg Technologies ApS, the developer of SMR technology (Small Modular Reactor) in Denmark. The signing ceremony, presided by H.E. Mr. Jon Thorgaard, Ambassador of Denmark to Thailand and Cambodia, was organized at the Royal Danish Embassy, Sathorn, Bangkok, Thailand. This MOU is designated to study the feasibility of developing SMR technology, which has been developed and designed with an emphasis on smaller modules but high security and safety. Most importantly, SMR technology does not release carbon dioxide into the atmosphere. Thus, it is considered as an important alternative to produce clean energy in addition to the other renewable energy sources in Thailand, which is believed to satisfy the demand for clean and environmentally friendly electricity. It is projected that the aforementioned feasibility study will take approximately 4 years (2024-2027).

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