8 Power Plant Stocks to Watch - Exploring Golden Opportunities in the Energy Market

If you are looking for solid stocks in the energy sector, then power plant stocks are a must-watch option because electricity is something everyone needs—whether the economy is good or bad, the demand for electricity remains constant. That is why these stocks are considered “defensive stocks” (Defensive Stocks) that offer relatively stable returns.

8 Top Power Plant Stocks - Ranked by Latest Performance

Deep Dive into 8 Favorite Energy Stocks

1. GULF - The Leader of Strong Profits

GULF’s impressive 54% YTD rise with a net profit of 8,239 million baht in the first 6 months signals clearly that Gulf Energy, a key player in the (electricity, gas, and renewable energy) sector, is aggressively investing in clean energy according to the new PDP plan and preparing to establish a NewCo to explore new opportunities, making it a standout in the group.

Price: 66.50 baht
This year’s return: +54.49%

2. BANPU - The Energy Giant

Banpu Power is an IPP (large private power plant) with 41 projects across Asia-Pacific, with a total capacity of 3,656 MW, including 11.20% renewable energy. Revenue in the first 6 months was 90,673 million baht, indicating full operation of the machinery. Despite a YTD decline of only -5.88%, the company’s strong position remains worth watching.

Price: 111.50 baht
This year’s return: -5.88%

3. GPSC - Innovation in Clean Energy

Global Power Synergy invests in both power generation and utilities with a 4S strategic plan. Supported by a 7,000 million baht loan from three banks to expand clean energy, GPSC is well-positioned to advance according to future plans.

Price: 46.25 baht
This year’s return: -3.09%

4. BGRIM - Small but Mighty

BGRIM Power has diversified beyond energy into health, lifestyle, real estate, and digital sectors. Recently, it signed a solar power sale agreement with the government, adding new profit sources. Despite a YTD decline of -12.66%, growth opportunities remain.

Price: 23.40 baht
This year’s return: -12.66%

5. EA - The Dark Horse of Clean Energy

Pure Energy is designing the future with electric vehicles, electric boats, Li-ion batteries, and charging stations. This year, EA introduced an environmentally friendly Thai electric pickup truck. Profit this year is 1,430 million baht, but the stock has fallen over 81% YTD—possibly a moment to watch closely.

Price: 7.80 baht
This year’s return: -81.36%

6. SSP - Rising Star in Renewable Energy

Siam Solar Power focuses on renewable energy projects like solar farms, rooftop solar, and international expansion in Asia. This year, it plans to expand assets exceeding 30,000 million baht, signaling serious commitment. Despite a YTD decline, it remains worth monitoring.

Price: 5.90 baht
This year’s return: -25.62%

7. CKP - The Turnaround Player

CK Power, formerly a construction contractor, now invests in hydropower, cogeneration, and solar projects. Although profits are negative this year, the stock has risen 19.02% YTD, indicating market confidence in CKP’s transformation.

Price: 3.70 baht
This year’s return: +19.02%

8. GUNKUL - Power of Peer-to-Peer Innovation

Gunkul Engineering grew from 1 million to 30 billion baht in value. Its main attraction is the Peer-to-Peer Energy Trading Platform—aiming to expand B2C into a marketplace with 9-10 energy products. YTD, it’s up 2.86%, and analysts see potential for 5 baht.

Price: 2.80 baht
This year’s return: +2.86%

Why Are Power Plant Stocks Worth Investing In?

1. Stable Profits
Electricity is essential and always in demand—whether in condos, factories, or cities—creating relatively stable revenue streams for power plant businesses.

2. Positive Policy Outlook
The Thai government supports renewable energy through PDP and AEDP, guiding which companies to focus on.

3. Growth Opportunities
Renewable energy remains a new market in Thailand, with plenty of room for expansion.

4. Risk Diversification
If your portfolio is heavy on technology or commodities, power stocks can help balance risk.

How to Trade Power Plant Stocks

Method 1: Buy Actual Shares via Thai Brokers

• Open an account with Bualuang Asset Management, Kasikornbank, or Maybank
• Recommended trading platforms: STREAMINGPRO or ASPEN
• Minimum purchase: 100 shares, e.g., GULF 100 shares @ 66.50 baht = 6,650 baht
• Profit potential: If price rises to 70 baht = 350 baht profit (5.26%)

Method 2: Trade CFDs via Foreign Brokers

• Advantages: Trade both long and short, leverage allows for less capital but higher gains
• Recommended broker: MiTrade (offers CFD trading on foreign stocks)
• Starting minimum: $50 USD
• Bonus: Free registration
• Try a demo account with $50,000 free

⚠️ Warning: Trading involves risks and is not suitable for everyone.

Summary

These 8 power plant stocks are excellent representatives of Thailand’s energy sector—from the strong-performing GULF to the still-lagging EA but with future potential. Whether you’re seeking “safe stocks” or playing a long game, these power stocks should be on your $100 watchlist(.

Most importantly—remember that electricity is essential for the world, now and in the future. That’s why this business has long-term opportunities.