IMG.gif

Pakistan Seeks 60% Target

Copyright © 2023 Energy Intelligence Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited.

Pakistan — which has come under the spotlight in the climate conversation after experiencing devastating floods this past year — is seeking a 60% renewable mix by 2030, up from 30% today. "A good chunk of our electric production will be either through solar or through hydro," said Asif Hyder Shah, secretary of the country's Ministry of Climate Change, in a conversation at COP27. The country is extra motivated due to the energy crisis: At the outset of the Russia-Ukraine war, Pakistan LNG cargoes were "defaulting" and the situation "tripled the local energy prices," Shah said. Pakistan was also a vocal advocate of the loss and damage fund that was ultimately agreed in the final COP27 deal.

Topics:
Low-Carbon Policy, Renewable Electricity
Wanda Ad #2 (article footer)
#
The voluntary carbon market is a fast growing beast, and that rapid growth is attracting scrutiny that has recently grown much worse.
Wed, Jan 25, 2023
In Brussels nuclear is the energy that dare not speak its name, but it still may benefit from electricity market design changes under consideration.
Fri, Jan 27, 2023
The Colombian state oil firm said that CEO Felipe Bayon, who has led Ecopetrol since 2017, will step down from his post on Mar. 31.
Fri, Jan 27, 2023