Green hydrogen” made with wind and solar electricity could become the cheapest form of what the Australian government has described as a “transformative fuel” much faster than expected, analysts believe. Chinese manufacturers have reported making systems to create hydrogen with renewable energy for up to 80% less than official Australian estimates from just two years ago. Energy analysts said it…
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1st Virtual Conference on Solarization of Pakistan will be held on October 07th
1st Virtual Conference on Solarization of Pakistan will be held on October 07th to discuss more opportunities to produce clean energy from Solar as currently 430MW 6 Solar Projects are operating in the country.The Energy Update in collaboration with Alternative Energy Development Board (AEDB), Ministry Energy Punjab, Pakistan Solar Association, Federation of Pakistan Chamber of Commerce and Industries and Paktunkhuwa…
Read MoreCivil society to resist construction over twin islands of Karachi.
Rejecting the construction of the city over twin islands of Dingi and Bhundar, Sindh’s civil society and political parties have announced resistance against the ordinance to constitute Pakistan Islands Development Authority. In this regard, a joint consultative meeting was organized by Pakistan Fisherfolk Forum, Pakistan Institute of Labour Education and Research (PILER), Human Rights Commission of Pakistan, Indigenous Rights Alliance,…
Read MoreTop ten power companies in 2020
1. Enel – $89.95bn Enel’s 2019 revenues increased by 6.3%, driven by infrastructure and network operations in Latin America, distribution business in Brazil, and thermal generation activities in Italy. Enel added more than 3GW of new renewable capacity in 2019, increasing its total renewable capacity to 42GW and exceeding its thermal generation capacity of 39GW for the first time. The…
Read MorePOL Products Sales Fall 2pc in September
KARACHI: Overall petroleum products sales in September declined 2 percent on yearly basis to 1.52 million tons, data issued by the Oil Companies Advisory Committee (OCAC) suggests on Friday. “The decline came, as the demand for major retail fuels, ie, motor spirit (MS) and high-speed diesel (HSD) each fell by 8.0 percent on sequential basis,” Ali Zaidi of JS Global…
Read MoreGovt Working On Long Term Reform Policy For Much Neglected Energy Sector: Nadeem Babar
Special Assistant to the Prime Minister on Petroleum Nadeem Babar Friday said that the government was working on long term policy to bring reforms in petroleum and energy sectors which were neglected for the last twenty years. He said that the decision of bringing drastic change in these sectors was made in the wake of global climatic change. In an…
Read MoreTAQA Arabia interested in JV’s with Pakistani Cos’
Egypt’s largest private-sector energy distribution company, TAQA Arabia has shown interest in joint ventures with Pakistani companies. “Response to Pakistan’s Special Economic Zones (SEZs) has been overwhelming with multiple national & international companies approaching the Board of Investment (BOI) with investment propositions,” said Atif Bokhari, Minister of State/Chairman, BOI Pakistan. The minister on Thursday had a meeting with TAQA Arabia…
Read MorePrivate sector’s first LNG cargo to arrive by month-end
KARACHI: Pakistan’s private sector is about to debut the import of liquefied natural gas (LNG) with the first cargo equivalent to 150 million metric cubic feet per day (mmcfd) expected to arrive by the end of this month, it was learnt on Friday. The United Gas Distribution Company (UGDC) will become the first from the private sector as the government…
Read MoreGeopolitics and Pakistan
Every country has a unique geography and geopolitical positioning, but it is not always possible for all states to harness their geopolitical positioning, either because they lack the political will to do so, or because the overall regional or global geopolitics suppresses such a will. Nevertheless, understanding one’s geopolitical/strategic positioning is the first step in strengthening one’s standing in bilateral,…
Read MoreNEPRA completes hearing into 98 paisa power tariff hike
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) on Wednesday completed hearing on a petition filed by Central Power Purchase Agency (CPPA) on behalf of ex-WAPDA power distribution companies for 98 paisa per unit increase for August under monthly fuel adjustment mechanisms. The power regulator decided to give a decision after verification of data provided by CPPA. The decision would…
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