ISLAMABAD (JTN) Significant increase in demand
Rising temperatures in Pakistan have led to a significant increase in
demand for electricity, with the temperature rising by another 10
degrees Celsius in the first week of April. According to the report of
Wealth Pak, the demand for electricity in Pakistan has increased
significantly due to rising temperatures in the market. Extreme levels
of temperatures are expected to rise by up to 10 degrees Celsius.
= Temperature is likely to increase dramatically in the current week
Due to the continuous high pressure in the upper atmosphere, the
daytime temperature is likely to increase dramatically in the current
week. With fuel adjustments in electricity tariffs, the government is
struggling to ensure fuel supply amid high global prices and supply
constraints during the summer months. The Power Division has
asked the Petroleum Division to make necessary arrangements to
meet the power requirements and insisted that LNG be made
available on dispatch merit to enable cheaper power generation.
= NTDC of the Power Division while ordering LNG
The National Transmission and Dispatch Company of the Power
Division, while ordering LNG, claimed that these estimates were
based on hydropower and the ability to generate average renewable
energy. It added that the schedule for the shutdown of the third and
fourth turbines at Tarbela and its impact on the reservoir level in
subsequent months had also been taken into account in calculating
the fuel requirement in which demand, merit order, And network
availability.
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Estimates also include the availability of about 1,100 MW Canopus
plant and about 660 MW of Lucky Power according to their
expected operational dates. The forcible shutdown of a Knopp
nuclear plant was reported to affect the planned shutdown of the
plant, which was first approved on April 12, 2022. In recent months,
real fuel prices have outpaced large margins, rising from 100% to
116%. As a result, the sudden rise in electricity prices due to the
monthly fuel adjustment of consumers has caused a sudden price
shock, apparently at the behest of foreign lenders.
Significant increase in demand , Significant increase in demand