Zimbabwe’s net metering system, launched in 2020, allows those producing private renewable energy to transfer excess generation to the national grid. The southern African country is suffering from chronic power shortages, especially after its main Kariba hydropower plant cut power last month due to low water levels. According to the latest official figures, Zimbabwe’s net […]
Power shortages likely to persist as thermal capacity lags power demand: Report – EQ Mag Pro
Currently, seven projects worth 9.3 GW and debt of Rs 45,200 crore are undergoing insolvency resolution process while 10 projects of 10.5 GW and debt of Rs 37,200 crore are likely to be liquated completely. Power shortages are likely to continue in the short to medium term on rising demand in the peak season and […]
Global Energy Crunch Leaves China Facing More Power Shortages – EQ Mag Pro
China is staring down another winter of power shortages that threaten to upend its economic recovery as a global energy supply crunch sends the price of fuels skyrocketing. The world’s second biggest economy is at risk of not having enough coal and natural gas — used to heat households and power factories — despite efforts […]
