Day: October 18, 2022

Pakistan at COP27

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Pakistan will attend the UN Climate Conference (COP27) at Sharm El Sheikh (November 6-18) in a highly visible manner. Prime Minister Shehbaz Sharif will co- chair, along with the Egyptian President and Norwegian Prime Minister, the deliberations of heads of state and government on key climate-related issues at the high-level segment of the conference. Equally important is Pakistan’s position as current chair and spokesperson of G77 and China, the largest group of developing countries numbering more than 135 belonging to different regions. Pakistan’s record as chair of G77 and China…

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WB steps in to mediate Indo-Pak water dispute

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The World Bank announced on Monday the beginning of two parallel legal processes to address Pakistan’s concerns over two hydropower projects on the western rivers by India in violation of the Indus Basin Treaty, breaking a six-year-old gridlock. The World Bank, which brokered the I960’s Indus Basin Treaty took a complex path after Islamabad and New Delhi could not build consensus on any single mechanism for the dispute resolution, given in the treaty. “In line with its responsibilities under the Indus Waters Treaty, the World Bank has made the appointments…

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Rooftop wind energy innovation claims 50% more energy than solar at same cost

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A new bladeless wind energy unit, patented by Aeromine Technologies, is tackling the challenge of competing with rooftop solar as a local source of clean energy that can be integrated with the built environment. The scalable, “motionless” wind energy unit can produce 50% more energy than rooftop solar at the same cost, said the company. The technology leverages aerodynamics similar to airfoils in a race car to capture and amplify each building’s airflow. The unit requires about 10% of the space required by solar panels and generates round-the-clock energy. Aeromine…

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Pakistan’s export-oriented firms can benefit most from solar power: Dubai-based Yellow Door Energy

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Sectors like textile and cement that hold contracts to export abroad could benefit the most from making the switch to solar as more companies abroad demand the use of renewable energy, said the COO of Dubai-headquartered Yellow Door Energy, which operates in the Middle East and Pakistan. “If you look at the Walmarts of this world and brands like Armani, they have it written into their contracts that anything exported to us must be able to show a certain amount of clean energy in its generation,” Rory McCarthy told Business Recorder in…

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Pakistan in talks with Russia over import of LNG supplies

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Amid an energy shortage, Pakistan is reportedly seeking liquified natural gas (LNG) supplies from Russia, revealed Pakistan’s Ambassador to Moscow Shafqat Ali Khan on Monday. While speaking to the Russian news agency TASS, the diplomat said the two countries were currently in talks over the matter and pipeline gas supplies could be the solution to Pakistan’s rapidly-increasing energy shortage. That being said, due to the lack of necessary infrastructure for pipeline gas supplies, Pakistan is currently focusing on its “immediate needs” related to LNG. Read License to sell gas to…

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