Wind and solar are propping up the Texas power grid amid a brutally long heat wave

solar-panel

As Texas bakes under a sweltering heat dome this summer and people crank their air conditioners, the state’s energy demand has smashed records. But the power has stayed on and prices haven’t spiked tremendously. Thank wind and solar, energy experts say. “Renewables have been performing very well this summer, which is great,” Michael Webber, an energy expert and professor at the University of Texas at Austin, told CNN. “It’s operating so well at peak times.” As temperatures soared into the triple-digits on Wednesday, renewable energy was providing 30 to 40% of the…

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Massive Hike is the Worst Anti-Business MeasurePresident FPCCI

fpcci

Karachi Echoing the collective concerns of the business, industry and trade community of Pakistan, Mr. Irfan Iqbal Sheikh, President FPCCI, has termed the latest PKR. 7.5 / kWh hike in the electricity tariff as anti-business. We have already become uncompetitive vis-à-vis regional and sub-regional countries; due to the grossly-unfavorable cost of doing business environment in the country and there is no way we can absorb the added burden, he added. Irfan Iqbal Sheikh explained that businesses were already paying close to PKR. 60 / kWh – when accounted for all…

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Thar Coal Energy Board approves coal tariff of Block-I & Block-II

coal

KARACHI (July 25): The Thar Coal Energy Board in its 25th meeting held under the chairmanship of Sindh Chief Minister Syed Murad Ali Shah approved a levelized tariff of $ 37.36 per ton for the Financial Close stage petition for 7.8 million tons per annum of Block-I and a levelized tariff of $ 30.40 per ton for Contract stage petition for 11.2 million tons per annum of Block-II .The meeting was held at CM House and was attended by Federal Planning Minister Mr. Ahsan Iqbal (through video link) Energy Minister…

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