Category: Recent Post

Green hydrogen” made with wind and solar electricity could become the cheapest form of what the Australian government has described as a “transformative fuel” much faster than expected, analysts believe. Chinese manufacturers have reported making systems to create hydrogen with renewable energy for up to 80% less than official Australian estimates from just two years ago. Energy analysts said it suggested green hydrogen was likely to leapfrog hydrogen made with gas and coal as the most cost-effective form of the energy before the end of the decade, and by the…

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1st Virtual Conference on Solarization of Pakistan will be held on October 07th to discuss more opportunities to produce clean energy from Solar as currently 430MW 6 Solar Projects are operating in the country.The Energy Update in collaboration with Alternative Energy Development Board (AEDB), Ministry Energy Punjab, Pakistan Solar Association, Federation of Pakistan Chamber of Commerce and Industries and Paktunkhuwa Electric Development Organization (PEDO) is organizing the conference to be participated by energy experts from within and outside the country through digital platform.Chief of organizing committee of the summit Naeem…

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Rejecting the construction of the city over twin islands of Dingi and Bhundar, Sindh’s civil society and political parties have announced resistance against the ordinance to constitute Pakistan Islands Development Authority. In this regard, a joint consultative meeting was organized by Pakistan Fisherfolk Forum, Pakistan Institute of Labour Education and Research (PILER), Human Rights Commission of Pakistan, Indigenous Rights Alliance, and Aurat Foundation at a local hotel. Chairman PFF Muhammad Ali Shah, Human Rights Advocate I.A. Rehman, PILER’s Executive Director Karamat Ali, and others addressed the meeting. In this regard,…

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1. Enel – $89.95bn Enel’s 2019 revenues increased by 6.3%, driven by infrastructure and network operations in Latin America, distribution business in Brazil, and thermal generation activities in Italy. Enel added more than 3GW of new renewable capacity in 2019, increasing its total renewable capacity to 42GW and exceeding its thermal generation capacity of 39GW for the first time. The company’s investment decisions in 2019 were impacted due to weak economic conditions created by the trade tensions between the US and China and uncertainty regarding the outcome of the Brexit…

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KARACHI: Overall petroleum products sales in September declined 2 percent on yearly basis to 1.52 million tons, data issued by the Oil Companies Advisory Committee (OCAC) suggests on Friday. “The decline came, as the demand for major retail fuels, ie, motor spirit (MS) and high-speed diesel (HSD) each fell by 8.0 percent on sequential basis,” Ali Zaidi of JS Global Capital said. However, strong furnace oil (FO) demand from the power sector limited the overall monthly decline in petroleum products sales. “September 2020 saw the highest monthly sales in FO…

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