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Bill Gates’ nuclear venture hits snag

NEW YORK: TerraPower LLC, a nuclear energy venture chaired by Microsoft Corp co-founder Bill Gates, is seeking a new partner for early-stage trials of its technology after new US rules forced it to abandon an agreement with China, company officials told the Wall Street Journal. TerraPower reached an agreement with state-owned China National Nuclear Corp in 2017 to build an experimental nuclear reactor south of Beijing. But Gates wrote in an essay published late last week that TerraPower is unlikely to follow through on…

Sindh government to set up its own grid company for wind energy projects

KARACHI: The Sindh government has proclaimed to set up its own grid company under public-private partnership approach, which will mainly contribute to relinquish clean electricity being produced in the country’s only wind corridor in Thatta-Jhimpir region of the province. The announcement was made by Sindh Energy Minister Imtiaz Ahmed Shaikh while addressing as the chief guest at the inauguration of 17th World Wind Energy Conference-2018 on Wednesday. This three-day conference was organized by World Wind Energy…

CASA 1,000 Energy Project to begin operations by 2020

RAWALPINDI: The Rogun Dam has commenced operations and Tajikistan is set to supply inexpensive electricity to Pakistan in order to congregate its potential energy needs, stated Tajikistan Ambassador Sherali S Jononov. Jononov, during his visit to the Rawalpindi Chamber of Commerce and Industry (RCCI) stated that Tajikistan was very much sentient of the energy requirements of Pakistan, also electricity would be supplied to Pakistan under the Central Asia-South Asia (Casa 1,000) energy project. He also highlighted, the…

Gas to overtake coal as world’s second largest energy source by 2030: IEA

LONDON: Natural gas is expected to overtake coal as the world’s second largest energy source after oil by 2030 due to a drive to cut air pollution and the rise in liquefied natural gas (LNG) use, the International Energy Agency (IEA) said on Tuesday. The Paris-based IEA said in its World Energy Outlook 2018 that energy demand would grow by more than a quarter between 2017 and 2040 assuming more efficient use of energy - but would rise by twice that much without such improvements. Global gas demand would increase by 1.6…

CM Murad directs for policy to generate energy from waste in Karachi

KARACHI: Sindh Chief Minister Syed Murad Ali Shah has directed Solid Waste Management Authority to prepare a policy to hand over garbage for power generation. "Karachi is generating 17,000 tons of garbage every day from which 250 MW power could be generated," he said on Monday while presiding over a meeting on `Waste and Water Energy Project (WAWEP)' here at the CM House. The meeting was attended by Minister Local Government Saeed Ghani, CM Advisor on Information Murtaza Wahab, Chairman P&D Mohammad Waseem,…

PM directs to bring electricity tariff, crackdown on power theft

ISLAMABAD: Prime Minister Imran Khan has directed for immediate steps to bring down the electricity prices and reduce additional burden on consumers due to pilferage and other damages in the power sector. The prime minister, while chairing a meeting of energy task force before his departure to Saudi Arabia, said it is unacceptable that common people suffer due to theft and mismanagement of others. The meeting was given a detailed briefing on the energy sector, and informed that a comprehensive energy policy is being…

Minister stresses on importance of energy efficiency and conservation

ISLAMABAD: Federal Minister for Energy Barrister Ali Zafar has stressed on the importance of energy efficiency and conservation, and directed to put concerted efforts to fully operationalise the National Energy Efficiency and Conservation Authority (NEECA). The federal minister was chairing the first board meeting of the department attended by Secretary Power Rizwan Memon, Secretary Planning Division Shoaib Siddiqui, and senior officials of the ministries of Petroleum,  Industries, Climate Change, Science and Technology,…

Chinese company projected establishment of solid waste power plant in collaboration with NEPRA

KARACHI: A Chinese company is interested for establishing a municipal solid waste power plant, and has applied for a generation license from the National Electric Power Regulatory Authority (Nepra). A subsidiary of Chengdu Xingrong Environmental Co, Lahore Xingzhong Renewable Energy has uttered interest in establishing a municipal solid waste power plant at a price level of approximately $140 million. The plant is predictable to come online by end of April 2021 and NEPRA will be revealing the levelized tariff in…