Hedge funds and algorithmic trading have significantly amplified market instability, capitalizing on fear to drive speculative trades. It resulted in artificial price spikes, disconnecting it from fundamental supply and demand dynamics. Physical buyers have faced liquidity crises. Unregulated trading platforms exacerbated market instability by facilitating unchecked speculation. Speculative trading volumes far exceed actual consumption, artificially inflating TTF prices, decoupling from…
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Why Oil Companies Are Walking Back From Green Energy
As leaders gather for a global climate summit, investors are rewarding oil giants like Exxon Mobil that did not embrace wind and solar. When oil and gas companies made ambitious commitments four years ago to curb emissions and transition to renewable energy, their businesses were in free fall. Demand for the fuels was drying up as the pandemic took hold.…
Read MoreNTDC Restructuring and Transparency Urged for Power Sector Reform
ISLAMABAD: Federal Minister for Power Division, Sardar Awais Ahmed Khan Laghari, emphasized the need for restructuring the National Transmission and Despatch Company (NTDC) to enhance grid efficiency and sustainability. During a meeting with the Board of Directors (BoDs) and CEOs of power sector companies, alongside experts from the World Bank, Asian Development Bank, and Islamic Development Bank, Laghari highlighted the…
Read MorePlan to Convert Coal Power Plants to Thar Lignite Faces Major Setback
LAHORE: The government’s plan to fully convert coal power plants to 100% Thar lignite has encountered a major hurdle, with the Asian Development Bank (ADB) rejecting the proposal for Jamshoro Power sector news Unit I. ADB, the project’s largest creditor, cited legal agreements allowing only 20% local lignite, with 80% imported coal, as per the original deal. An energy ministry…
Read MoreMajor Cut in Electricity Prices Unlikely Anytime Soon: Leghari
ISLAMABAD: Power Minister Awais Leghari on Friday signaled ongoing negotiations with independent power producers (IPPs), stating that the nation would soon hear positive developments regarding efforts to gradually reduce electricity prices. However, he cautioned that significant relief should not be expected immediately. Testifying before the Senate Standing Committee on Power, Leghari explained that the task force he leads, established by…
Read MoreRevolutionising Solarization
Solar Technology Future in Next 20 Years: A Perspective About Pakistan Govt must continue to incentivize solar energy adoption through subsidies, tax incentives, and favorable tariff structures; solar power will become increasingly accessible to households, businesses, and industries across country By Mustafa Tahir As the world grapples with the challenges of climate change, energy security, and sustainable development, solar technology…
Read MoreThe Future of Renewable Energy in Pakistan: Opportunities and Challenges
As the world grapples with climate change and environmental degradation, the shift towards renewable energy has become more critical than ever. Pakistan, with its abundant natural resources, is well-positioned to harness renewable energy to meet its growing energy demands. In this blog, we will explore the future of renewable energy in Pakistan, focusing on the opportunities and challenges that lie…
Read MoreEnsuring a Fair, Transparent, and Efficient Power Sector in Pakistan
Delve into the critical aspects of creating a fair, transparent, and efficient power sector in Pakistan. This blog discusses essential policy reforms, the role of renewable energy, and strategies for fostering sustainable economic growth in the country’s energy landscape.
Read MoreIPPs – Capacity payments issue is overplayed
The capacity payments these days are talk of the town and our criticism has been grossly misplaced when it comes to huge electricity bills, and who the real culprits are.Further, he likes of some of our ex-CT ministers, do not understand how power or energy sector works. Commenting and criticizing are easy, while not seeing where the problem is and what solutions can be offered for a better outcome.
Read MoreFactors Affecting Solar Panel Prices: What You Need to Know
Introduction Solar energy is emerging as a key player in the global renewable energy landscape, offering a sustainable solution to the world’s increasing energy demands. In Pakistan, the adoption of solar panels has seen a significant rise due to the country’s abundant sunlight and the increasing need for alternative energy sources. However, the cost of solar panels can vary widely,…
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