Federal Minister for Energy, Awais Leghari, at the National Youth Convention, highlighted Pakistan’s actual power generation capacity as 29,000 MW—not 45,000 MW. He shared upcoming reforms in Independent Power Producers (IPPs) that could benefit both public and industry, and proposed that strategic load shedding could save the nation billions. #PakistanEnergy #AwaisLeghari #ElectricityCosts #Energy #IPPs #LoadShedding #DailyNewsUpdate #NasharX
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?? Politics Update | The German government has just passed the new #Kraftwerkssicherheitsgesetz (Power Plant Security Act). This legislation is built on two main pillars: 1?? Decarbonization: ? Construction of 5 GW of new H2-ready gas #powerplants ? Modernization of 2 GW #H2 ready facilities. ? Establishment of 500 MW pure hydrogen power plants and 500 MW long-term storage. ? Mandatory switch to hydrogen for these plants within 8 years. 2?? Supply Security: ? Development of an additional 5 GW of new gas power plants to step in during low wind and sun periods. ? These new plants will be predominantly located in southern Germany to enhance #gridstability. The first tenders are scheduled for late 2024/early 2025. Federal Minister Robert Habeck highlights that the new legislation is supposed to particularly leverage demand flexibility and #energystorage - preparing our #energysystem for infeed of more #renewables and ensuring a secure energy supply. ? https://lnkd.in/dtRhvSr6
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The Ministry of Energy published today the clarifications to the #ModernizationFundGuide for electricity production through RES projects. Very helpful and addressing many of the industry concerns!
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The Dallas Federal Reserve Energy Survey Q3 Report is out! ?? It reveals insights on how firm size affects views on electrification, increased uncertainty from the upcoming U.S. election and regulatory challenges, and the impact of low Waha gas prices on development plans.?To explore the full findings and implications for the energy sector, you can download the report below. (Link in the comments) #oott #oilgas #dallasfederalreserve #energysurvey #electrification #wahaprices
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The government will continue to explore zonal pricing due to its potential benefits. ? The new model will divide the UK into multiple zones, where electricity prices will reflect local supply, demand, and proximity to power stations. Additionally, zonal pricing will determine prices based on the marginal plant within each zone, as opposed to being set nationally. This will lead to fluctuating wholesale costs between regions, depending on the generation needed to meet demand. Some regions may find renewables and nuclear sufficient for demand at times, resulting in lower wholesale electricity costs, while others may require gas-fired generators, leading to higher costs. Inspired by the successes of similar models in Denmark, Italy, and Sweden, this reform intends to optimise energy production and encourage investment into renewable energy infrastructure close to densely populated areas. However, the zonal model has been the subject of criticism from both renewable generators and consumers, with some highlighting the unfair price disparities across regions. In Scotland, where around 25% of renewable generation occurs, a household can expect to pay less on their electricity bill than one located in the south of England, due to the high capacity of onshore wind situated there. Critics have also raised concerns that renewable generators in regions with high capacity may see reduced revenue from this reform, as well as inflate capital costs for renewable energy projects. #UKEnergy #REMA #ZonalPricing
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Get ready for the Power Grid to explode ?? South Africa set for the 10 largest growth potential in renewable energy globally for 2024, just got out the starting blocks.... Everyone has a role to play and so does Apollo Africa in the supply Of course, GreenFusion Innovations will play its role in the efficiency and lifespan of that supply through our PV Coatings, not to mention the cost savings on maintenance :)
?? One, extremely important step for the electricity sector reform, one, giant leap to go to establish a complete restructure and level playing field for all. ?? The wheels are turning... and the time is now to start procurement of a renewable energy supply for your business. “The ERA Bill really lays the framework necessary to establish a diversified and competitive generation sector,”?says Chris Yelland ? Wondering how you can start acquiring a green energy supply for your company? Contact Apollo Africa to talk to a member of our expert energy team. We will give you a free assessment of your business energy needs. ???www.apolloafrica.co.za ??[email protected] ?? (+27) 31 001 6453 #apolloafrica #wheeling #renewableenergy #energytransition
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KREMLIN CANNOT CONFIRM REPORT ON PLANNED NATIONALIZATION Kremlin Says it Cannot Confirm Report on Planned Nationalization of Energy Companies https://hubs.la/Q02RRkNR0 The Kremlin said on Wednesday it could not confirm a report that Russia’s energy minister had put forward a proposal to nationalize the energy sector. #kremlin #report #nationalization #energyindustry #energysector #oilangasindustry
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Yesterday the Minister of Energy, Hon. Makozo Chikote MP, updated citizens on the evolving energy situation in the country and the government's efforts to tackle the electricity shortage. Below is a swipe-through summary of key points from the National Energy Brief. Read more here: https://lnkd.in/e_x_r438 #Zambia #Energy #Electricity
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Very blunt and straightforward assessment. It surprises me that the BESS study was even proposed. A few comments, 500 kV transmission lines have to be built in order to charge the 800 MW (4 hours) BESS. This is supposed to replace 2,000 MW of base load capacity. It will also need 2,000 MVAR of support capacity, but doesn't define from where? The link to the PJM study is in the article, worth reading. IRA and BIL laws require build in America, this is not addressed. Nevermind the cost. So simply put, they want to build out the BESS and charge is from outside of Maryland, probably from a natural gas plant in Virginia. This is exactly what California is doing, bragging about their renewable capability, but not mentioning that they are the largest importer of electricity from Arizona. David Blackmon @Rudolph Huber Bjorn Lomborg Michael Shellenberger Stuart Turley Tom Kirkman Lawrence Rogak Joseph Fournier Tim Crome
Replacing a Talen Energy coal-fired power plant with battery storage is infeasible: PJM
utilitydive.com
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Well worth a read! Key word is ‘rapid’. We can still achieve this but it requires full commitment from all stakeholders, leadership and skill. Glad to see a sensible range of interventions being discussed, acknowledgement of risks and costs, the absolute need for a systems plan and the transformation into a digitally-enabled system as an essential pathway. Good to also see post-2030 thinking being included.
A radical approach is required from government to drive the major infrastructure and system transformation needed to decarbonise the GB electricity system and provide clean power by 2030, according to a new report from our National Engineering Policy Centre (NEPC), published today. Compiled by an independent working group led by the Royal Academy of Engineering and supported by a grant from the Gatsby Charitable Foundation, the report highlights the need for government to clearly set out the value of this target as a national mission, in a similar way to the work of the vaccines task force. Delivery of a highly decarbonised electricity system by 2030 will require a sharp increase in offshore wind capacity, as well as ensuring delivery of the transmission network that is already in train, and expanding onshore wind and solar generation, particularly in places where the grid already has capacity to accept new generation. The report also highlights changes to a future energy system that, although they cannot be delivered before 2030, will still require action this decade - such as expanding carbon capture and storage projects and achieving progress on hydrogen transmission. Read the report and its recommendations in full:?https://lnkd.in/eSiVxujn
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Pleased that Haldane Energy were invited to particpate in discussions and workgroups that supported the preparation of this important report. It sets out the steps that need to be taken to deliver the Government's clean power mission and accelerate the UK's transition to Net Zero. It is great to see further acknowledgement of the role that geological hydrogen storage and flexible hydrogen generation will play in delivering low-carbon long-duration electricity storage. At Haldane Energy, we are proposing Hydrogen Long Duration Electricity Storage (#LDES) projects that will help turn excess renewable energy into dependable, dispatchable and flexible low-carbon generation when it’s needed most.
A radical approach is required from government to drive the major infrastructure and system transformation needed to decarbonise the GB electricity system and provide clean power by 2030, according to a new report from our National Engineering Policy Centre (NEPC), published today. Compiled by an independent working group led by the Royal Academy of Engineering and supported by a grant from the Gatsby Charitable Foundation, the report highlights the need for government to clearly set out the value of this target as a national mission, in a similar way to the work of the vaccines task force. Delivery of a highly decarbonised electricity system by 2030 will require a sharp increase in offshore wind capacity, as well as ensuring delivery of the transmission network that is already in train, and expanding onshore wind and solar generation, particularly in places where the grid already has capacity to accept new generation. The report also highlights changes to a future energy system that, although they cannot be delivered before 2030, will still require action this decade - such as expanding carbon capture and storage projects and achieving progress on hydrogen transmission. Read the report and its recommendations in full:?https://lnkd.in/eSiVxujn
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