Category: Recent Post

Officials have cast doubts on a government plan that would somehow see Indonesia phase out all its coal-fired power plants while at the same time build more than a hundred new ones, while activists have welcomed the move. A key criticism of the plan is what to do with the 117 under-construction or planned coal plants, with a combined capacity of 21 gigawatts, that will come online over the next few years. The plan by state-owned utility PLN calls for retiring all coal plants by 2055, with new plants and…

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The Economic Coordination Committee (ECC) is said to have deferred its decision regarding payment to Independent Power Producers (IPPs) established under Power Policy 2002, well-informed sources in Finance Ministry told Business Recorder. Sharing details, sources said, the Power Division informed the ECC on June 16, 2021 that Cabinet Committee on Energy (CCoE) and ECC considered the Report by Implementation Committee and approved the payment mechanism and agreements with IPPs in meetings held on February 8, 2021 which was ratified by the Cabinet on February 9, 2021. On a summary submitted by…

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Electricity is the wheel that drives all facets of our daily lives such as production, consumption, communication, transportation and routine financial transactions. Pakistan’s electricity sector has long been facing unprecedented challenges. It seems to be stuck in a bad equilibrium characterised by costly energy production, overloaded infrastructure, high transmission and distribution losses, extraordinary load shedding, and mounting circular debt. The economy as a whole suffers from unreliable and poor quality of electricity provision. Despite the attention given to this sector by every government, why have we not been able to…

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The European Union is considering tightening rules that determine whether wood-burning energy can be classed as renewable and count towards green goals, according to a draft document seen by Reuters. The EU’s executive Commission will next month propose a package of policies to slash planet-warming emissions, including fuel tax changes and reforms to its carbon market. All are designed to meet the EU’s target to slash greenhouse gas emissions by 55% by 2030, from 1990 levels. The package will also include an overhaul of EU renewable energy rules, which decide…

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The revised draft of Indicative Generation Capacity Expansion Plan (IGCEP) 2021-30 prepared by NTDC (National Transmission Dispatch Company) invited criticism for violating the grid code and criteria under the NEPRA Act which says future projects will be made keeping in view the least cost generation, location and capacity. However, NTDC made its own 5-6 criteria to adjust 25-30 unjustified projects in the plan. One of NTDC’s board members stunned all power sector stakeholders, including the provinces, when he acknowledged that it had made 5-6 criteria to adjust the projects in…

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