Day: July 18, 2020

Work starts on world’s longest electricity cable – which will share cheap, clean energy between the UK and Europe

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Work has started on the world’s longest electricity interconnector – which will eventually help share cheap, clean energy between the UK and northern Europe. National Grid’s Viking Link will stretch 475 miles from Bicker Fen, near Boston, in Lincolnshire, across the North Sea to Revsing in South Jutland, Denmark. Because wind generation outputs in the UK and Denmark often happen at different times it means surplus electricity can be shared, helping the the UK’s journey to becoming net zero. On top of that it will give Britain access to a…

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U.S. Regulators Approve Elba Island LNG Expansion

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U.S. regulators have approved a request from Kinder Morgan to authorize the start of the seventh train of the Elba Island liquefied natural gas (LNG) export plant in Georgia, Reuters reported on Friday. Kinder Morgan owns 51 percent in the Elba Island LNG project which cost around US$2 billion. Trains one through six are already operational, with four more planned for this year, Kinder Morgan said earlier this year. Elba Island began LNG exports in December last year, but hasn’t exported superchilled fuel from the facility since January because the…

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KE to buy 6MW from Lucky Cement

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KARACHI: K-Electric (KE) Limited has agreed to buy up to 6 megawatt (MW) of electricity from Lucky Cement’s captive power plant, which would be supplied to DHA City Karachi being developed along Superhighway, a statement said on Wednesday. According to the statement, Lucky Cement’s 29.7 MW gas-fired thermal power plant has a generation licence issued by National Electric Power Regulatory Authority (NEPRA) and can supply from 1 to 6 MW power to K-Electric for onward delivery to DHA City for consumption. DHA City is without electricity since 2011. There is…

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CPEC Regains Pace in 2020 After Record Chinese Investment of Over $11 Billion

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China-Pakistan Economic Corridor (CPEC) has picked up pace once again as China has invested more than $11 Billion in Pakistan in 2020 alone. This is the second biggest amount of Chinese investment in a single year after 2015 which witnessed a total investment of over $12 billion. The progress over the CPEC appeared to have stalled between 2017 and 2019 due to the relatively low amount of Chinese investment. However, CPEC has been reinvigorated since the appointment of Lt Gen (r) Asim Saleem Bajwa as the Chairman of the CPEC…

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PM directs to make comprehensive plan for providing relief to LPG consumers

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ISLAMABAD: Prime Minister Imran Khan has directed to formulate a comprehensive plan to provide relief to liquefied petroleum gas (LPG) consumers.The Prime Minister was chairing a meeting of the Cabinet Committee on Power here on Thursday to review issues related to the gas pricing system and electric tariff of K-Electric.The Prime Minister also directed to defer an Economic Coordination Committee’s (ECC) decision to raise the tariff for K-Electric consumers by Rs 2.79 per unit. He also directed to fix gas prices on a sustainable basis.The Prime Minister was briefed on…

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