Asia boosted clean electricity output and slashed its share of fossil fuels faster than North America and Europe from 2015, data shows, underscoring resistance by Asian nations to a western…
South Africa's announcement that it will open up electricity generation to other players, effectively breaking Eskom's monopoly, has been welcomed by many, especially the mining industry, a key sector in…
The cost of electricity from renewable energy technologies has been consistently falling, and even dramatically in recent years, especially after 2000, with the rise of solar and wind power generation…
Under the Pak-China Joint Energy Working Group dialogue held in Beijing during August 01-02, Pakistan has sought Chinese technical and financial assistance to develop various energy projects. The list of…
The economic landscape constantly evolves through innovation and obsolescence – a process economist Joseph Schumpeter called ‘creative destruction’. New technologies and models replace outdated ones, as seen in the historical…
We are currently witnessing an era of unprecedented growth in Artificial Intelligence (AI),which is projected to surpass $800 billion in market value within the next few years (‘The race for…
Pakistan’s state-owned power companies are trapped in a cycle of mounting debt, persistent inefficiencies and constant government bailouts, with no signs of relief. The sector faces high operational costs, staggering…
Integrated economic planning for Pakistan’s power sector requires a comprehensive approach that addresses the multifaceted challenges faced by the sector today. At its core, this planning should aim to synchronise…
Once again the World Bank (WB) is reported to be currently working with the government to invite private sector participation in the distribution sector, starting with the best-performing power distribution companies (Discos),…
‘THE grapes are sour’ is a dictum that in some ways echoes the situation of Pakistan’s power sector. The sour grapes symbolise the falling electricity demand due to ever-increasing tariffs,…
