A day before, Senate Standing Committee on Planning and Development chairman Saleem Mandviwala had stated the Chinese were not satisfied with the pace of work on CPEC and no progress on the portfolio was seen during the last three years. “They (Chinese) are crying… the Chinese ambassador has complained to me that you (PTI government) have destroyed CPEC and no work was done in the past three years,” he said. Special Assistant to the Prime Minister (SAPM) on CPEC Affairs Khalid Mansoor was reported to have endorsed Mr Mandviwala, saying…
Read MoreYear: 2021
Power sector planning: going beyond least-cost
People and their managers are working so hard to be sure things are done right that they hardly have time to decide if they are doing the right things.” Stephen Covey’s above statement aptly fits the back-and-forth shuttling that is currently going among the NTDC, NEPRA, and the government on the draft Indicative Generation Capacity Expansion Plan (IGCEP). In the midst of heated arguments as to whose projects should be included in the Plan, our decision-makers have completely missed the fact that the very foundation, “least-cost centralized planning”, on which…
Read MoreHigh gas prices demand creative climate thinking
LONDON, Sept 13 (Reuters Breakingviews) – Natural gas is having its moment in the sun. The price of the fossil fuel in Europe has risen fivefold since last year, to more than 50 euros per megawatt hour. That has pushed power prices across the continent to their highest in over a decade, and presents both a problem and an opportunity for politicians preparing for November’s COP26 global climate conference.
Read MoreUK energy market crisis: what caused it and how does it affect my bills?
What has triggered the energy market crisis?The UK’s wholesale energy markets have reached record highs in recent weeks. The trouble stems from a global surge in demand for gas following a cold winter that left gas storage facilities depleted, plus a rebound in post-lockdown energy demand across Asia. A race to refill gas stores before the return of colder temperatures has now caused market prices to surge. The global gas grab is a major concern because half of the UK’s electricity is generated in gas-fired power plants. There has also…
Read MoreHydrogen Could Be A Game-Changer For Midstream Oil & Gas
This is the final article in a series that examines Environmental, Social, and Corporate Governance (ESG) programs in the oil industry, with an emphasis on how some companies are using hydrogen to improve their metrics. Previous articles were: Today I want to talk about specific examples of how various companies are incorporating hydrogen into their businesses. Alerian on Midstream ESGThe genesis of this series came from a recent research piece from independent energy infrastructure and master limited partnership (MLP) market intelligence data provider Alerian: Midstream/MLPs: The Unsung ESG Push. The…
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