July 18, 2020 -

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

July 18, 2020June 16, 2023 Admin

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…

U.S. Regulators Approve Elba Island LNG Expansion

July 18, 2020June 16, 2023 Admin

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…

KE to buy 6MW from Lucky Cement

July 18, 2020May 28, 2023 Admin

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…

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

July 18, 2020May 28, 2023 Admin

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…

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

July 18, 2020April 18, 2023 Admin

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…

What will Turkey do about Hagia Sophia’s $72 million loss in annual ticket sales? – columnist

July 18, 2020May 28, 2023 Admin

Swedish company SICPA maintains the operating rights to the Hagia Sophia for another seven years and is set to suffer losses linked to the museum’s $72 million in annual ticket sales, Dünya columnist Kerim Ülker said on Monday. In 2018, SICPA successfully bid $3.9 billion to win a tender for operating over 50 museums and archaeological sites for nine years,…

Bangladesh to install another 40,000 free solar home systems

July 18, 2020June 18, 2023 Admin

The government of Bangladesh has approved a $26 million project to provide free solar home systems to 40,000 households in three hilly districts with uncertain prospects of being incorporated into the electricity grid by 2045. Prime minister Sheikh Hasina approved the spending – the second phase of a project to provide free solar panels to households in the three communities…

The most powerful renewable energy

July 18, 2020June 14, 2023 Admin

The world’s most relied-upon renewable energy source isn’t wind or sunlight, but water. Last year, the world’s hydropower capacity reached a record 1,308 gigawatts (to put this number in perspective, just one gigawatt is equivalent to the power produced by 1.3 million race horses or 2,000 speeding Corvettes). Utilities throughout the globe rely upon hydropower to generate electricity because it…

Chinese firms propose setting up of 700MW project for two SEZs

July 18, 2020June 18, 2023 Admin

It is the government’s priority to ensure provision of uninterrupted and affordable energy to industries, remarked Minister of State and Board of Investment (BOI) Chairman Atif R Bokhari. Keeping the prime minister’s vision in view, he said, the BOI had taken the initiative to establish the first-ever solar captive power plant for the Special Economic Zones (SEZs) in the country.…