Category: Highlights

Ontario imposes 25% surcharge on electricity exports to US

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Power-sector

OTTAWA: The Canadian province of Ontario is imposing a 25% surcharge on electricity exports to New York state, Michigan and Minnesota to protest against U.S. President Donald Trump’s tariffs on Canada, Premier Doug Ford said on Monday. “President Trump’s tariffs are a disaster for the U.S. economy. They’re making life more expensive for American families and businesses,” Ford said in a statement. “Until the threat of tariffs is gone for good, Ontario won’t back down. We’ll stand strong, use every tool in our toolkit and do whatever it takes to…

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KE launches Energy Progress-Innovation Challenge

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power sector

EU Report KARACHI: Committed to fostering creativity, innovation, and localisation in the energy sector, K-Electric has launched Energy Progress & Innovation Challenge (EPIC) 2025. Building on the resounding success of its pioneering 7/11+ Innovation Challenge introduced in 2022, EPIC will unite entrepreneurs, academia, researchers, and think tanks to develop cutting-edge solutions for the energy industry. Innovators may address K-Electric’s predefined challenge statements or propose their own transformational ideas. This year’s EPIC Challenge spotlights carefully deliberated themes that align with regulatory priorities and key customer challenges, including “Tamper-proof PMT-based load-shedding solutions”…

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NPCC warns of lower hydel generation

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NPCC

EU Report ISLAMABAD: The National Power Control Centre (NPCC) has warned that hydel generation this summer will be lower than last year due to reduced water and snow availability, leading to increased reliance on expensive RLNG-fired electricity. This information was shared by an NPCC representative during a public hearing at NEPRA regarding the negative Fuel Charges Adjustment (FCA) request submitted by the Central Power Purchasing Agency-Guaranteed (CPPA-G) for January 2025. CPPA-G has requested a negative adjustment of Rs 2.003/kWh to be applied in March 2025, replacing the current negative FCA…

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First Year in Power Average Electricity rate reduced by Rs4.96 per Kwh: Leghari

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electricity

The present Pakistan Muslim League (Nawaz)-led federal government during its first year in power has been able to reduce the average electricity rate for consumers in Pakistan by Rs4.96 per Kwh. The Power Minister, Awais Ahmed Khan Leghari, disclosed this in his presentation before the recently convened special meeting of the federal cabinet to review the one-year performance of the government. Leghari told cabinet colleagues and senior government functionaries that the average per unit cost of electricity in Pakistan had stood at Rs48.70 inclusive of all taxes in June 2024. He…

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PM Removes Musadik Malik as Petroleum Minister Over Unsatisfactory Performance

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musadik-malick

KarachiMusadik Malik’s removal as Petroleum Minister and replacement by Ali Pervaiz Malik was reported by Energy Update two months ago.¹ At the time, Musadik Malik denied rumors of his portfolio change during a meeting with EnergyUpdate. However, his unsatisfactory performance and numerous complaints from the oil and gas industry ultimately led to his removal by the Prime Minister. Before his removal, Musadik Malik attempted to reverse the government’s decision by visiting Nawaz Sharif in Raiwind, Lahore, but his appeal was rejected. Instead, Nawaz Sharif advised him to take on another…

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