Category: Shortcode

Power Division Expresses Concerns Over Solarisation’s Impact on National Grid

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solar-panel

The Power Division in Islamabad has voiced apprehensions regarding the growing trend of solarisation, especially in the context of net-metering, stating that it is straining the national power system. The division has urged the government to consider implementing a new time-of-use (TOU) tariff for consumers to address these challenges. During a recent Nepra public hearing on additional fuel charges adjustments, officials highlighted a notable 7.5% decline in electricity demand compared to reference targets for March. This decline, attributed partly to solar energy integration, has led to a shift in demand…

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OCAC Issues Dire Warning: Diesel Glut Threatens Oil Sector’s Sustainability

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OGRA

The Oil Companies Advisory Council (OCAC) has issued a stark warning about the oil sector’s sustainability crisis, citing massive stocks of high-speed diesel (HSD) that could hinder refineries’ ability to import crude oil. In a letter to the Oil & Gas Regulatory Authority (OGRA), OCAC highlighted the critical challenges posed by excessively high HSD stocks, primarily due to rampant smuggling of petroleum products from western borders. According to OCAC, the country currently holds 44 days’ worth of HSD stock, totaling 650,000 tonnes, far exceeding the planned sales of 14,700 tonnes…

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Pakistan Wind Energy Association Raises Alarm Over Continuous Power Curtailment

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wind-energy

The Pakistan Wind Energy Association (PakWEA) has sounded the alarm over persistent power curtailment affecting Wind Power Producers (WPPs), leading to financial strain and project viability concerns. PakWEA has urgently requested attention from federal authorities to address the ongoing curtailment issues that threaten the financial sustainability of WPP projects. In a letter to the Power Minister, PakWEA highlighted that the excessive curtailment has put WPP members in a precarious position, jeopardizing their ability to meet debt obligations and maintain project viability. This situation is particularly concerning as many WPPs have…

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Gas Supply Constraints Continue Despite Reduction in Local Gas Flow

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gas-loadshading

The country’s gas transmission system faces ongoing challenges as local gas fields have reduced supply to prevent system breakdowns, leading to a significant drop in gas volume pressure. Despite reducing local gas flow by 342 mmcfd, the line pack pressure in the Sui Northern System has escalated to a dangerous level of 5.155 bcfd as of April 25, 2024. Energy ministry officials noted that the reduction in local gas flow poses risks to maintaining current production levels. However, there are limited options available to ease pressure, especially as RLNG consumption…

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Clean Energy Sector Sees Surge in Jobs, Fossil Fuel Employment Stagnant

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Clean-Energy

The clean energy sector has witnessed a remarkable surge in job opportunities, reaching 35 million jobs, while the fossil fuel sector has remained stagnant at around 32 million jobs, according to a recent 2023 World Energy Employment Report. The report highlights a growth of 4.7 million jobs in the clean energy sector over the past year, with notable contributions from construction and manufacturing roles. This trend is expected to continue, with a rising demand for skilled project managers as industries increasingly adopt project-based approaches. George Asamani, Managing Director for Sub-Saharan…

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