AI and Battery Storage Innovations Key to Reducing Electricity Costs: German Ambassador

Battery-Storage

Islamabad, November 19, 2024: German Ambassador Alfred Grannas met with Federal Minister for Power, Sardar Awais Ahmed Khan Leghari, to explore the role of artificial intelligence (AI) and battery storage in addressing Pakistan’s energy challenges.

Ambassador Grannas highlighted how innovations in AI and battery storage technologies are significantly reducing electricity costs, aiding in Pakistan’s transition to more sustainable energy solutions. He emphasized Germany’s commitment to providing both financial and technological support to Pakistan’s energy sector, noting that these innovations are essential for improving efficiency and lowering power prices.

Minister Sardar Awais Leghari shared Pakistan’s goal of achieving 88% renewable energy in the national energy mix by 2034, as well as plans to create a more competitive energy market. He encouraged German investors to take advantage of the growing opportunities in Pakistan’s power sector. Both sides reaffirmed their commitment to strengthening collaboration on renewable energy projects and fostering long-term development partnerships.

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