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World Bank lauds Pakistan s energy sector reforms
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Flawed planning
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Experts discuss prospects of renewable energy generation
July 18, 2021
LAHORE : Experts discussed the prospects of grid integration and locational study conducted by for energy sector of Pakistan, and major challenges for revised version of Indicative Generation Capacity Expansion Plan (IGCEP) 2030.
During a webinar held by the World Bank, Oliver Knight, senior energy specialist, the World Bank, provided insights on studies conducted by the World Bank on “Variable Renewable Energy Integration and Planning” and “Variable Renewable Energy Locational Study.”
Based on the outputs of both reports, Mr Oliver mentioned that the most optimum capacity expansion pathway for Pakistan was through increased expansion of solar and wind capacity as it would decrease the utilisation of the existing generation facilities which were no longer competitive. He stated that VRE could lead to a more diversified energy generation throughout the country and at the least cost basis. While mentio
New national electricity plan 2021 approved
Business
April 23, 2021
ISLAMABAD: The government on Thursday approved a new national electricity plan 2021 and Indicative generation capacity expansion plan (IGCEP) for the next 10 years after abandoning its earlier plan for the next 27 years.
The cabinet committee on energy took the decision during a meeting presided over by Minister for Planning and Development Asad Umar.
Sources said the wholesale generation cost accounts for 80-85 percent of the end consumer cost therefore the generation planning needs a clear roadmap. The IGCEP is a 10-year plan updated on annual basis and required to be submitted by National Transmission and Despatch Company to the regulator by April 15 every year that limits the impact on end consumer tariffs by Central Power Purchasing Agency over the period of 10 years. Since the preparation of the plan for 27 years till 2047 has not yet reached its final stages, it is proposed that the exercise should be a
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