Day: September 4, 2021

In line with the vision of present government’s policy of “Ease of Doing business” and for promotion of clean and green energy, Alternative Energy Development board (AEDB) has issued simplified Certification Regulations for installers of solar and wind Projects in the country. AEDB Board has enacted new Alternative Energy Development Board (Certification) Regulations, 2021, effective from August 30, 2021, said a press release. Previously, AEDB Board had approved the AEDB (Certification) Regulations in 2018 for the safe, secure and quality-assured supply of solar and wind energy generation projects, products and…

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The World Economic Forum has published a new study on how artificial intelligence (AI) can be used to accelerate a more equitable energy transition and build trust for the technology throughout the industry. As the impacts of climate change become more visible worldwide, governments and industry face the urgent challenge of transitioning to a low-carbon global energy system. Digital technologies – particularly AI – are key enablers for this transition and have the potential to deliver the energy sector’s climate goals more rapidly and at lower cost. Written in collaboration with BloombergNEF and Deutsche Energie-Agentur (dena) – the German Energy…

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The government is mulling extending concessional power tariff to domestic and commercial consumers in off-peak months, which will help cut gas demand and ease burden on national exchequer, officials said on Friday. The industrial sector is already enjoying this facility since November 2020. Hammad Azhar, Federal Minister for Energy (Power Division) in a tweet said: “Min(istry) of Energy is moving a proposal for seasonal energy pricing for domestic & commercial consumers to encourage power consumption during off-peak months [mostly in winter months].” “The success of Industrial Energy Package demonstrates that…

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Asia’s 180-cst high-sulphur fuel oil (HSFO) market firmed on Friday amid sustained strong utility demand for cargoes of the fuel. Despite absent trade activity, the cash differential for 180-cst HSFO climbed to a four session high of $12.12 a tonne to Singapore quotes, while the prompt-month time spread rose to a more than 1-1/2 year high of $14.75 a tonne. Surging liquefied natural gas (LNG) prices are prompting utilities across Asia and the Middle East to burn more HSFO than usual to meet increased power demand during summer, analysts and…

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National Electric Power Regulatory Authority (Nepra) has approved Transmission Service Charge (TSC) of Rs 0.1584/kWh (O&M component including National Transmission and Despatch Company Ltd – NTDC – local component and insurance component of HVDC Matiari – Lahore Transmission Line) from March 18, 2021 till June 05, 2021 for 800 MW and from June 06, 2021 till September 01, 2021 for 2200 MW maximum demonstrated capacity as certified by independent engineer. The authority has announced its decision on a tariff review petition of Pak Matiari-Lahore Transmission Line Company (PMLTC). It has…

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