In a significant move to enhance energy efficiency, the federal government has decided to replace 88 million old and inefficient fans across the country. This initiative aims to address the issue of high electricity consumption by outdated fans. The National Energy Efficiency and Conservation Authority (NEECA) has designed a scheme to replace these fans in the first phase. Under this scheme, consumers will receive new, energy-efficient fans at a cost of PKR 1,500 each. The cost will be paid in easy monthly installments, which will be included in the electricity…
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Seminar on net metering, distributed generation policies
Well-off power consumers having rooftop solar systems be permitted to donate excess electricity to charitable causes in Pakistan Karachi: Well-off consumers with rooftop solar systems should have the opportunity to donate excess clean energy to charitable causes, benefiting deserving segments of society. Moin M Fudda, former managing director of the Karachi Stock Exchange and ex-chairman of Central Depository Company of Pakistan, suggested this to the government regarding the potential revision in net metering policy in the country. Fudda, a prominent figure in the Pakistani and foreign insurance industry, made these…
Read MoreNet Metering to Gross Metering
There are strong rumors that government is in the process of amending rules with respect to roof-top solar power producers. In that reports say that DISCOs will shift from Net Metering to Gross Metering, which is, unlike net-metering, the consumer never utilizes the solar power generated by his installation as all of the power generated via solar panels is exported to the grid. It means that both export and import will be monetized separately each month.
Read MoreIndia asks companies to fire up power plants
To meet rising electricity demand in hot summer months NEW DELHI: India has asked companies to operate underutilised gas-based power plants in May and June, and extend operations of imported coal-based plants until Oct 15 to meet anticipated high demand for electricity, according to two government orders. The South Asian nation registered an 8% rise in electricity consumption in the financial year that ended last month, and demand is expected to rise in the hot summer months. In an order dated Friday, the government for the first time invoked an…
Read MoreWWEA Annual Report 2023: Record Year for Windpower
Bonn (WWEA) – The year 2023 ended with a new record for new wind turbine installations: In total, the world added 116’065 Megawatt of new capacity within one year, more than ever before. According to preliminary statistics published today by the World Wind Energy Association, global wind power capacity has now passed one million Megawatt and has reached 1’047’288 Megawatt – very close to the prediction published by WWEA in autumn 2023. The volume of the capacity added is 34% higher than in 2022, when the world added only 86…
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