2020-08-03 12:10:00
PAKISTAN'S COAL ENERGY UP
PD - July 30, 2020 - While other countries move away from coal-fired power due its negative environmental impact, Chinese funding has increased power generated through coal in Pakistan.
According to a report published by Bloomberg, countries in the South Asian region are currently faced with the dilemma of choosing between affordable energy sources while trying to limit pollution. Demand for coal in Asia is expected to help coal as other developed countries switch towards cleaner energy alternatives.
According to data provided by National Electric Power Regulatory Authority (NEPRA), Pakistan's coal-fired power generation increased by 57 per cent in FY20. Moreover, coal made up about a fifth of Pakistan's total output.
The report further suggested that coal production and power generation might expand further as China invests in building additional power plants and additional coal mines to feed these plants in Pakistan.
On the other hand, China has been cutting back on coal for its own domestic use.
In the recent past, China's overseas energy spending as a part of its Belt and Road initiative has gone down with spendings last year dropping to the lowest in a decade. China's president had urged a move towards clean energy overseas, with China signing an agreement to build two hydro-power generation projects in Pakistan.
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Earlier:
2020, March, 31, 13:25:00
PAKISTAN REDUCES LNG
Pakistan has long-term contracts for the import of eight LNG cargoes per month on a take-or-pay basis, and out of these five are from Qatar, a government spokesman said, adding that the Qatari volumes had been reduced to three cargoes for April through mutual discussion, without invoking any force majeure.
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2020, February, 17, 11:40:00
PAKISTAN'S NUCLEAR STRENGTHENING
Pakistan aims for a significant expansion of its use of nuclear power over the coming decades
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2019, November, 22, 11:50:00
PAKISTAN'S RENEWABLE ENERGY: $40 BLN
The government of Pakistan has announced that it will invite bids for setting up renewable energy projects in the country in a bid to tap the investment potential of $40bn.
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Chronicle:
2022, June, 28, 11:44:00
6TH ANNUAL LNG SUMMIT USA
The 6th Edition of Wisdom’s Much Acclaimed Annual LNG Summit Will Be Held Live in Houston - PREPARING THE INDUSTRY FOR THE RISE IN DEMAND FOR LNG
2022, June, 28, 11:43:00
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9th International LNG Congress (LNGCON 2023) 6-7 March, 2023
Link to the Congress website: https://bit.ly/3tXVmr7
2022, June, 28, 11:40:00
S.KOREAN NUCLEAR SUPPORT
South Korea’s new president, Yoon Suk-yeol, said on 22 June that in order to rebuild the nuclear industry that was “devastated by the previous administration”, the government will allocate KRW92.5 billion ($70 million) from the energy budget for the restoration of nuclear power generation capacity.
2022, June, 28, 11:35:00
U.S. SMR FOR ROMANIA
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2022, June, 28, 11:30:00
U.S. SOLAR POWER 25%
US Energy Information Administration reports a capacity factor of 25% for solar generation.
2022, June, 28, 11:25:00
AUSTRALIAN SMART ENERGY
As energy is of national importance, a national policy, national rules and regulations are necessary. At the same time, we are facing massive changes in the energy sector.
2022, June, 27, 11:45:49
OIL PRICE: BRENT NEAR $113, WTI ABOVE $107
Brent edged down 8 cents to $113.04 a barrel , WTI was at $107.38 a barrel, down 24 cents.