A bitter cold European winter without Russian energy supplies
As the winter is approaching in Europe, pressure is mounting on the governments by their citizens and industrialists and as a result, European leaders are scrambling to find LNG at…
Managing energy imports to save forex reserves
Pakistan relies on imports for 49 percent of its primary energy supplies, which strains its already limited foreign exchange reserves. As of April 2023, Pakistan’s total net reserves were US$…
The energy quagmire
When something sounds too good to be true, it usually is. ‘Increase electricity consumption to lower the electricity bills,’ is one in a long line of such mantras. Other top…
Texas battery rush: Oil state’s power woes fuel energy storage boom
BlackRock, Korea’s SK, Switzerland’s UBS and other companies are chasing an investment boom in battery storage plants in Texas, lured by the prospect of earning double-digit returns from the power…
Energy security of Pakistan
It is said, “Never waste a good crisis” … and Hilary Clinton added, “Don’t waste it when it can have a very positive impact on climate change and energy security.”…
Kicking a cheap energy addiction: Part – I
Pakistan’s economy rests precariously balanced between populist politicians and the IMF along with sovereign lenders impatient with a country addicted to huge energy subsidies. With just weeks of foreign currency…
Europe looks to geothermal energy as gas alternative
The heating plant in Munich’s southern Sendling neighbourhood has been run for more than a century on gas, often imported from far away. But increasingly, it is the hot waters…
How to conserve energy
Oil imports have decreased by 26 per cent in the first five months of the current fiscal year (July-Nov). Crude oil imports have fallen by 16 per cent, diesel imports…
Criticality of energy management
The current government has been able to secure one additional cargo from Qatar for December 2022 and January 2023 and another expected delivery of commitments made by Eni, which means…
Energy market turmoil shakes Europe’s green power plan
Europe’s plan to roughly double renewable power generation by the end of the decade to cut its emissions and reliance on imported Russian fuel is under threat from market turbulence…
