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Water and Power Ministry Gets Rs 2.8 billion From Budget

October 28th, 2009

The Water and Power Ministry has received an appalling 15.6 percent of total budgetary allocation for the first quarter of the current year, an amount that flagrantly disregards the critical contribution of this ministry to not only national output, but also to serious issues of households-related to water and power deficiency in the country.

The Finance Ministry provided Rs 2.8 billion during the first quarter (July-September) of 2009-10 financial year to the Water and Power Ministry as against the total committed quarterly allocation, amounting to Rs 17.85 billion. During three-day PSDP review meeting held recently, the Finance Ministry gave top priority to the Ministries of Petroleum and Natural Resources, Pakistan Nuclear Regulatory Authority (PNRA), Ports and Shipping, Communication, Population, Pakistan Atomic Energy Commission (PAEC) and Health Ministry.

The Ministry of Petroleum and Natural Resources received 85 percent of the budgetary allocations, amounting to Rs 170 million as against the request of Rs 200 million in the first quarter.

The Finance Ministry gave second priority to Pakistan Nuclear Regulatory Authority (PNRA), which received 75.1 percent of the committed funds, amounting to Rs 82.5 million as against the committed amount of Rs 109.8 million in the first quarter. The Ministry of Ports and Shipping received 72.2 percent fund releases, amounting to Rs 16 million as against the requirement of Rs 22 million in the first quarter.

Via Business Recorder

Economics, Electricity, Energy, Nuclear, Oil, Pakistan, Petrol, Water, power

Green Phone By Samsung

September 24th, 2009

Green is in these days. The US cellular company Sprint has come up with an “Eco-friendly” phone which it thinks will help it with winning over those who favor green products. The phone is said to be made up of 80% recycled material and also offers quick access to eco-friendly applications. Sprint has been facing a decline in subscribers and is looking for ways to regain market share. See their marketing approach below. Will you go with a phone company because of their approach towards environment or for that matter, that company’s business practices? or do you care about their service and price above all?

reclaim

Via: TelecomPk.Net

Clean Technology, Consumers, Economics, Green

High Petroleum Prices Push Food Prices Up

September 2nd, 2009

The increase in petrol and diesel rates by Rs. 4.80 and Rs. 4.59 per litre will push up commodity prices by 50 paisa to Rs2 per kg.

Traders said many transporters have already enhanced charges and this would make a negative impact on the already enhanced prices of various items. They said they cannot increase rates immediately as the city government has capped prices till Sept 10.

The price regulators are already struggling to implement official rates during Ramazan but efforts have so far been in vain as a majority of traders have openly been over-charging consumers.

Many retailers have displayed price lists but they completely ignore the official rates.

Via Dawn.com

Economics, Pakistan, Petrol

Solar Equipment Costs Falling But Not Cheap Yet

August 4th, 2009

Solar energy prices have been a big factor in adoption. Recent trends in price drops are encouraging but its not exactly cheap for developing countries yet.

One of the key takeaways from last week’s Intersolar North America conference in San Francisco was that solar panel makers are seeing a much needed uptick in demand as prices for their equipment continue to decline

With polysilicon prices dropping to $60-$80 from $80-$100 per kilogram, Barron’s predicts that prices will fall between 15 and 25 percent between 2009 and 2010. The same publication has also reserved its optimism when it comes to increased demand, arguing that liquidity and credit availability must rebound to a greater degree before demand can catch up with the glut of solar products on the market.

China recently passed its own economic stimulus legislation, earmarking upwards of $30 billion to foster renewable sources of energy, with solar prime among them. Australia has set aside $1.35 billion to finance solar projects, and South Korea has $2.3 billion for renewables. All of these plans could keep demand for solar materials and equipment on the upswing through the slow seasons and into next year.

Via GreenBeat

Economics, Energy, Solar

Recent Twitter Updates

August 1st, 2009

Follow our updates on Twitter at http://twitter.com/tawanai

Clean Technology, Economics, Electricity, Energy, Renewable Energy

Global Economics Of Solar Power

July 26th, 2009

I came across a really good article (from consulting firm McKinsey and company) about the global state of solar power and its economics. Leave a comment if you want the full paper.

Solar energy is becoming more economically attractive as technologies improve and the cost of electricity generated by fossil fuels rises. By 2020, hundreds of billions of dollars of investment capital will probably boost global solar-generating capacity 20 to 40 times higher than its current level.

As the new sector takes shape, producers of solar components must drive their costs down, utilities must place big bets despite enormous technological uncertainty, and regulators must phase out subsidies with care. The actions these players take will determine the solar sector’s scale, structure, and performance for years to come.

compete-solar

Economics, Energy, Renewable Energy, Solar, research

Reducing Energy-Related Operating Expenses Is Top Goal For IT

June 7th, 2009

Reducing energy-related operating expenses tops the list of motivations for pursuing greener IT operations. See the survey result below from Forrester Research.

green-it-savings

Conservation, Economics, Energy, IT

A Roundup Of Media Articles About Energy Crisis In Pakistan

January 19th, 2009

The post takes a look at the energy crisis in pakistan and the concerns raised by different sectors of the society and published in the media. I’ve listed number of articles from different news papers and a few sites etc.

In this 2007 article from NEWS, the situation is predicted to get even worse! The article is more of a criticism rather then a comprehensive problem solving note. It states the past unlawful decisions took by the government officials. Its just an article with educating people with the redefined and previously stated claims of the top officials. The figures are comprehensively given to exact measures but then again it adds more to the problem rather then the problem solving matter it self. The article also discusses the claims done by WAPDA and then again changing the strategies adding much more expense to the projects and lessening the chances of future stability.

Here’s another discussion from the defense forum site . The post mainly focuses on the oil, gas and water issues and explains it self how the growing needs in future are going to take the economic growth down. It encompasses on the political instability in the Baluchistan region resulting in the extreme shortage of gas. The industrial supply is mainly closed or very little of it is available so the industrial sector is facing a very hard time dealing with such problems. In the future the conditions are going to be worse as the percentage of consumption of oil, gas and water are to be doubled. 

In this news report, the government’s point of view is expressed. The minister of water and power Mr. Raja Parvez said on account of the extreme water and electricity crisis nationwide. He makes statements that ” keeping in view the situation, the government is bringing in rental power generation units and maximizing generation from Independent Power Producers (IPPs) to augment the existing supply. A debt of Rs400b had created problems for the power generation sector out of which Rs260b are receivables of the eight power companies while Rs140b has to be paid to the oil companies. The power generation companies had no money to pay to the oil cos due to which the situation went from bad to worse.

He said a debt of Rs400b had created problems for the power generation sector out of which Rs260b are receivables of the eight power companies while Rs140b has to be paid to the oil companies. The power generation companies had no money to pay to the oil cos due to which the situation went from bad to worse, he added.

DAILY TIMES reports about help from Germany.  The article states how Germany is going to help Pakistan recover from the threats of worse economic and energy crisis. He also added that efforts are to be made to increase the two way trade. Speaking on the occasion many economist and strategists commented that Pakistan being an agricultural state should emphasis on the imports of fruits, vegetables and other agriculture based commodities to help increase the import revenue.The LCCI president said that the foreign investment in Pakistan by Germany, which was $11.2 million in 2001-02, had increased to $2 billion in the year 2007, showing a little improvement and needs to be increased.

There are not many sites dedicated to energy … here’s one but there is not much information here.

Economics, Electricity, Energy, Renewable Energy ,

Geothermal Energy In Pakistan And The World

January 13th, 2009

geothermal

According to Aleternative Energy Board of Pakistan, a global seismic belt passes through Pakistan and the country has a long geological history of geotectonic events. The Geotectonic framework shown above indicates that Pakistan should not be lacking in commercially exploitable sources of geothermal energy. AEDB is working on a preliminary study on technical, economical and market aspects of geothermal utilization possibilities and detailed feasibility studies for geothermal energy utilization. Let’s take a look at what Geothermal energy is?

We have prepared a concise summary of Geothermal power and its use in the world – aggregated from various top sources.

Geothermal power is energy generated by heat stored in the earth, or the collection of absorbed heat derived from underground, in the atmosphere and oceans.  As of 2008, geothermal power supplies less than 1% of the world’s energy. Geothermal power requires no fuel, and is therefore virtually emissions free and insusceptible to fluctuations in fuel cost. And because a geothermal power station doesn’t rely on transient sources of energy, unlike, for example, wind turbines or solar panels, its capacity factor can be quite large; up to 90% in practice.

Geothermal has minimal land use requirements; existing geothermal plants use 1-8 acres per megawatt (MW) versus 5-10 acres per MW for nuclear operations and 19 acres per MW for coal power plants. It also offers a degree of scalability: a large geothermal plant can power entire cities while smaller power plants can supply more remote sites such as rural villages.

Geothermal resources range from shallow ground to hot water and rock several miles below the Earth’s surface, and even further down to the extremely hot molten rock called magma. Wells over a mile deep can be drilled into underground reservoirs to tap steam and very hot water that can be brought to the surface for use in a variety of applications. Geothermal power is generated in over 20 countries around the world including the United States, Iceland, Italy, Germany, Turkey, France, The Netherlands, Lithuania, New Zealand, Mexico, El Salvador, Nicaragua, Costa Rica, Russia, the Philippines, Indonesia, the People’s Republic of China, Pakistan, Japan and Saint Kitts and Nevis. Chevron Corporation is the world’s largest producer of geothermal energy.

A global seismic belt passes through Pakistan and the country has a long geological history of geotectonic events. Several projects are  on the roll these days which include Remote Sensing Studies, geothermal geology, geothermal hydrogeology, hydrogeochemical Studies, geophysical Studies and preliminary Study on Technical, Economical and Market Aspects of Geothermal utilization possibilities and detailed feasibility studies for geothermal energy utilization. Projects like these if being managed and properly financed by Pakistani government should result in a major solution for meeting the energy shortage.

A 2006 report by MIT, that took into account the use of Enhanced Geothermal Systems (EGS), concluded that it would be affordable to generate 100 GWe (gigawatts of electricity) or more by 2050 in the United States alone, for a maximum investment of 1 billion US dollars in research and development over 15 years. The MIT report calculated the world’s total EGS resources to be over 13,000 ZJ. Of these, over 200 ZJ would be extractable, with the potential to increase this to over 2,000 ZJ with technology improvements – sufficient to provide all the world’s present energy needs for several millennia. The key characteristic of an EGS (also called a Hot Dry Rock system), is that it reaches at least 10 km down into hard rock. At a typical site two holes would be bored and the deep rock between them fractured. Water would be pumped down one and steam would come up the other. The MIT report estimated that there was enough energy in hard rocks 10 km below the United States to supply all the world’s current needs for 30,000 years.


Conservation, Consumers, Economics, Electricity, Energy, Environment, Gas, Renewable Energy, Uncategorized

The Gas and Petrol Shortage In Pakistan

January 4th, 2009

Pakistan is facing hard time as the shortage of Petroleum and Gasoline has hit the country. From the last couple of weeks there has been an era of difficulty on Industrial, consumer and contractor basis. The economical situation of the country is not stable. With this artifical shortage of petroleum and gas the industries are in trouble. Industrialists fear that they would not be able to meet their orders in time. Many industries are being closed or shut down as a result of these issues. As the price of petrol came down there has been a reverse effect. Petrol stations are closed as government is unable to provide petrol to people. Instead of saving Pakistani government stopped the inflow of petrol into the country. People on the other hand have started making rumours of why there has been such shortage. Some think its going to the military where as some say that its an artificial shortage. On the latest news till now the prime minister has requested Iran to aid Pakistani to meet the oil shortage.

On the other hand Sui Northern Gas Compnay has also limited its supply and then again industries and consumers are paying the price for it. There is a word out these days called “Gas Load Shedding”. The company has failed to provide gas to CNG stations and homes. Shortly after the petrol was available on the filling stations, CNG went out. There was not a single gas station open in Lahore at the day time because of the shortage. The CNG station owners say that out of 15% there is 2% gas available to them which is not a good number. In Lahore CNG stations start there business at the midnight and go till 8 in the morning. Both the domestic consumers and the industrialists have protested heavily against the government.

The oil and gas shortage is a threat to Pakistan’s economic stability. If the industries are shut down there would be no domestic or foreign investment. The stock markets will fall. Government has a limited time barrier to come over these problems or to face heavy damages to the infrastructure of the country.

Consumers, Economics, Energy, Gas, Infrastructure, Investment, Oil, Petrol