Monthly Energy Update September Magazine
Month: September 2024
HopeWind Seminar on Sustainable Energy Solutions
LAHORE: Prime Minister’s Pakistan Solarization Committee, Member, Engr. Syed Faizan Ali Shah has outlined major challenges for the solar industry as more and more distributed solar gets inducted into the distributed grid.“The solar industry must anticipate increase in exports from net-metered systems during shoulder months due to expansion of distributed solar,” he said while addressing a seminar on “Sustainable Energy Solutions – Achieving Net-Zero Targets”, organized by Shenzhen Hopewind Electric in collaboration with Energy Update – a magazine dedicated to energy, in Lahore.Faizan Ali Shah indicates decrease in minimum operational…
Read MoreSindh Energy Minister Briefs French Envoy on Renewable Energy Projects
KARACHI: Sindh Minister for Energy, Development, and Planning, Syed Nasir Hussain Shah, met with French Ambassador Nicolas Galey and his delegation at the Energy Department office on Thursday. During the meeting, key discussions were held on alternative energy projects and mutual cooperation. Minister Nasir Hussain Shah, along with the Energy Department Secretary, provided an overview of various renewable energy initiatives in Sindh, highlighting the province’s rich resources for domestic and international investment. He emphasized Sindh’s vast Thar coal reserves, which have been validated by global institutes as suitable for gasification.…
Read MoreFinance Ministry Recommends Billing AJ&K at Basket Rate for Power Supply
ISLAMABAD: The Ministry of Finance has proposed that electricity supply to Azad Jammu and Kashmir (AJ&K) should be billed directly to the Government of AJ&K (GoAJ&K) at the prevalent basket price, aligning it with the billing system used for K-Electric and other distribution companies (Discos), according to well-informed sources speaking to Business Recorder. This recommendation was made in response to a proposal from the Power Division, which suggested that electricity supplied to AJ&K should be charged at the National Average Power Purchase Price (NAPP) for Discos, as determined by NEPRA,…
Read MorePower Demand Drops 17% in August as Consumers Shift to Solar
ISLAMABAD: Electricity demand from Pakistan’s national grid plummeted by 17.4% in August 2024, reaching 13,179 gigawatt-hours (GWh) compared to the same month last year. The decline is largely driven by surging electricity prices, lower industrial consumption, and milder temperatures following the heatwave. The reduced grid consumption, coupled with the rising adoption of low-cost rooftop solar systems in residential areas, has resulted in lower power generation. In the first two months of FY 2024-25, power production fell by nearly 9% to 28,059 GWh. Fuel costs for power generation also dropped by…
Read More
