Category: Highlights

Korangi Association of Trade and Industry (KATI) President Saleem-uz-Zaman has termed the increase in the price of Liquefied Petroleum Gas (LPG) as unacceptable. He said that industries could not afford the frequent increase in LPG price. A further hike will also increase the cost of production. He said that the government is increasing the prices for industrial units frequently. Saleem said that natural gas was already becoming extinct in the country. At the affirmation of the government, the industrialists shifted to expensive alternative sources including LPG and RLNG but the…

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Electric cars — key to reducing emissions and meeting climate change goals — have boosted their market share in Europe, data showed on Friday, as the region prepares to abandon petrol and diesel. Battery electric vehicles more than doubled their share of new car sales in Europe in the second quarter, according to the European Automobile Manufacturers’ Association (ACEA) which groups together major car firms. All-electric vehicles accounted for 7.5 per cent of new car sales in Europe in the three months from April through June, against 3.5pc during that…

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ran holds some of the world’s largest proved crude oil reserves and natural gas reserves. Despite Iran’s abundant reserves, crude oil production stagnated and even declined between 2012 and 2016 as a result of nuclear-related international sanctions that targeted Iran’s oil exports and limited investment in Iran’s energy sector. At the end of 2011, in response to Iran’s nuclear activities, the United States and the European Union (EU) imposed sanctions, which took effect in mid-2012. These sanctions targeted Iran’s energy sector and impeded Iran’s ability to sell oil, resulting in…

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In the last few years, the European Union has been going above and beyond in dealing with climate change. Clearly, this is far from being a case of disinterested endeavour to safeguard the planet and the environment. On the contrary, the EU’s efforts aim at reinforcing its “normative power”. In effect, the EU has gained some clout on the international stage, even vis-à-vis faraway countries like Vietnam and China. Yet, in doing so the Union embroiled in the apparent rush for more and more ambitious climate standards and targets. Therefore,…

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The Dubai Electricity and Water Authority’s (DEWA), using its Space-D programme, has collaborated with Stanford University to develop an advanced system to forecast Photovoltaic (PV) production in the short term at the Mohammed bin Rashid Al Maktoum Solar Park, the largest single-site solar park in the world using the Independent Power Producer (IPP) model with a planned capacity of 5,000MW by 2030. The new system reduces errors in the forecast to less than 10 percent. This supports DEWA’s efforts to achieve the Dubai Clean Energy Strategy 2050 to provide 75…

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