SGB-Cape’s Post

Last week, I had the privilege to attend the conference on "Advancing CTBCM". CTBCM (Competitive Trade Bilateral Contracts Market) is a much needed development to reform the Power Sector of Pakistan. While addressing on the key pain points/challenges faced by industries towards reducing their Cost of Energy, it is important to note that an independent business model of CTBCM, facilitating the buying and selling of energy between Generation Companies and Power Users, will generate efficiencies followed by a lower cost of energy due to competition. Moreover, CTBM is a step in the right direction as the model is not only sufficient to reduce Pakistan's dependence on imported fossil fuels, but also sufficient to promote private investments in renewable energy projects, helping Pakistan to achieve its goal of 30% renewable energy generation by 2030. However, in my opinion, if the existing transmission infrastructure is used, it will reduce the efficiency of the business model. As per the recent Performance Report published by NEPRA, T&D (Transmission and Distribution) losses account for PKR 166 Billion, and the Distribution Companies have breached their targets for the T&D losses by ~4%. These mind boggling statistics calls for privatization, which can bring in more private investments to not only revamp the existing power infrastructure in Pakistan, but also efficiently make use of the existing surplus power capacity available, leading to better energy economics. #CTBCM #EnergyReforms #SustainableFuture #PakistanPowerSector #CTBCMForward

For the first session of our Power Generation Sector Update Webinar series, we will not only discuss the impact of Decree 80/2024/ND-CP on Direct Power Purchase Agreements (DPPA) on relevant entities such as project developers and sponsors, off-takers, and lenders/project financiers, but also track the evolution of the legislation relating to this sector and then delve into the transformative influence of the DPPA regime on the power sector, with a particular focus on: • the structuring and financing of Commercial & Industrial (C&I) projects and other private wire model projects in Vietnam; • highlight the intricacies of structuring and financing models for Virtual DPPAs under the new regime; • explore the various project structuring techniques that can optimise both operational efficiency and financial viability in this evolving landscape; • the bankability of Power Purchase Agreements (PPAs), Contracts for Difference (CfDs), and retail agreements under the DPPA regime; and • other financing challenges unique to virtual DPPAs, providing insights and practical solutions to overcome these hurdles. Join us as we unpack these essential elements, providing you with a comprehensive understanding of how the DPPA regime is shaping the relevant power generation projects in Vietnam. This webinar promises to be both informative and engaging, offering valuable takeaways for all participants. In case you have not yet signed up for our first session or our other upcoming sessions, you may sign up through the link below. https://lnkd.in/gP-eidht Mark Fraser, Gwendoline Brooker, Tram Ho #FrasersLawCompany #PowerGeneration #Frasers30Years #EnergySecurity #DPPA #Vietnam

EMEC: European Marine Energy Centre's growth plans include expanding test facilities to support #tidalenergy arrays, as well as further diversification to integrate green #hydrogen, storage, #offshorewind, and islanded #decarbonization projects. #marineenergy #renewables

The Energy Commission says the project is financially viable thanks to strong demand from corporate offtakers as well as UEM’s innovative strategies and ability to secure funding. #FMTNews #FMTEng

🎥𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀 𝗳𝗿𝗼𝗺 𝗔𝗱𝘃𝗮𝗻𝗰𝗶𝗻𝗴 𝗖𝗧𝗕𝗖𝗠 – 𝗔 𝗠𝘂𝗹𝘁𝗶-𝗦𝘁𝗮𝗸𝗲𝗵𝗼𝗹𝗱𝗲𝗿 𝗖𝗼𝗻𝗳𝗲𝗿𝗲𝗻𝗰𝗲 On July 9, 2024, Pakistan Environment Trust and Renewables First co-hosted the transformative "Advancing CTBCM – A Multi-Stakeholder Conference", a pivotal event that brought together industry leaders, policymakers, and stakeholders to discuss the Competitive Trading Bilateral Contract Market (CTBCM), the largest reform program in Pakistan's power sector history. 𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀 ▫ Unveiling CTBCM's potential to boost Pakistan's energy landscape. ▫ Addressing the delays and indeterminations hindering the market's launch. ▫ Emphasizing the need for reliable, affordable electricity for Pakistan's industry. ▫ Exploring CTBCM's role in advancing renewable energy and meeting global emissions standards. APTMA - ALL PAKISTAN TEXTILE MILLS ASSOCIATION | Reon Energy Limited| | K-Electric | Central Power Purchasing Agency Guarantee Limited | NEPRA - National Electric Power Regulatory Authority | Syeda Faiza Jamil | Zain ul Abidin| Ehtisham A. #CTBCMForward #EnergyReform #PakistanEnvironmentTrust #SustainableEnergy

Calling all Qld manufacturers! Have you applied for the Manufacturing Energy Efficiency Grant (MEEG)? It's for reimbursed grants of between $7,500 to $50,000 for eligible manufacturers, for lighting and other energy efficiency projects. Department of Regional Development, Manufacturing and Water has had over 80 applications commenced, so with $6M for the Round 2 MEEG, we figure there's still time to get your project together, backed by quotes, current electricity usage and a project plan. The round closes June 2025 or when funding is exhausted. These grants can provide real cost of living relief for businesses while saving energy and reducing emissions. #manufacturing #grantwriting #manufacturingenergyefficiencygrant #MEEG #manufacturingexcellenceforumsc #mefsc

💡 This Thursday, DSO Entity hosted the workshop ‘PCIs for DSOs – good practices and potential barriers’, with the participation of DG ENER, E.ON and the support of CEDEC- European Federation of Local & Regional Energy Companies, E.DSO, Eurelectric and GEODE - The voice of local energy distributors across Europe.    The workshop tackled some issues pointed out in the #GridActionPlan: the lack of information about funding opportunities for DSOs and the scarce visibility of the EU-funding programs in this field.    🔌The event has been an occasion for DSO Entity’s members & stakeholders to learn about the European Commission’s approach to #PCIprojects.     Here the three main takeaways of the workshop:     1️⃣   The EU flagships infrastructure projects receive high political awareness, which results in access to special financing sources such as the #ConnectingEuropeFacility (CEF), among other advantages.     2️⃣ #CEFs are not the only European funding sources. Indeed, some projects could benefit from other #EuropeanFunding programs.    3️⃣   #DSOs applying for PCI status should ensure their projects meet the criteria and build a unified team within their consortium.     Furthermore, participants had the opportunity to hear about the #GabretaProject, a successful and concrete #PCI and #CEF funded project aimed at accelerating the #digitisation of the #distributiongrid by fostering the cross-border cooperation between Germany and the Czech Republic.    It was a great occasion for all to share experiences while applying for funds and #PCIs, creating a process of mutual learning.    🗨️ This workshop was organized and run by our TF FIN. Thank you to all speakers and participants for joining!    Rickard Venetjoki | Amy R. | Nina Sichler | Tomas Manosoglu |Tommaso Carbone | Ricardo R. | Charles Esser | Peter Vermaat | Elisa Schenner | Fernando Dominguez | #EUfunding #gridinvestments #DSOs #energytransition #KnowledgeSharing #distributiongrids #GridActionPlan #EnergyUnion

#KfW concludes EUR200 million (ZAR 4 billion) loan with the #DBSA to support private sector investment in the grid, BESS, RE and GH2. During the signing ceremony held yesterday, KfW's Babette Stein von Kamienski, highlighted that the loan builds on the energy sector reforms that KfW supported via its policy based loans and that have led to a significant increase in renewable energy projects under development by the private sector, but which are hampered by lack of grid access. Since the credit line’s timing aligns with significant developments that will increase the funding needs for grid investment, it is hoped that the credit line will be used by the DBSA to enable catalytic investment in the grid.

🎥𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀 𝗳𝗿𝗼𝗺 𝗔𝗱𝘃𝗮𝗻𝗰𝗶𝗻𝗴 𝗖𝗧𝗕𝗖𝗠 – 𝗔 𝗠𝘂𝗹𝘁𝗶-𝗦𝘁𝗮𝗸𝗲𝗵𝗼𝗹𝗱𝗲𝗿 𝗖𝗼𝗻𝗳𝗲𝗿𝗲𝗻𝗰𝗲   On July 9, 2024, we hosted the transformative "Advancing CTBCM – A Multi-Stakeholder Conference", a pivotal event that brought together industry leaders, policymakers, and stakeholders to discuss the Competitive Trading Bilateral Contract Market (CTBCM), the largest reform program in Pakistan's power sector history.   𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀 🌟 Unveiling CTBCM's potential to boost Pakistan's energy landscape. 🌟 Addressing the delays and indeterminations hindering the market's launch. 🌟 Emphasizing the need for reliable, affordable electricity for Pakistan's industry. 🌟 Exploring CTBCM's role in advancing renewable energy and meeting global emissions standards.   📚 Read the booklet series: https://lnkd.in/dW6fVGR3 APTMA - ALL PAKISTAN TEXTILE MILLS ASSOCIATION | Reon Energy Limited| | K-Electric | Central Power Purchasing Agency | NEPRA - National Electric Power Regulatory Authority | Mujtaba Khan | HAMMAD ALI | Ammar Qaseem | Syeda Faiza Jamil| Zain ul Abidin| #CTBCMForward #EnergyReform #PakistanEnergy #SustainableEnergy #RenewablesFirst

Representatives from Elektroprivreda Crne Gore AD Nikšić (EPCG) and the German Development Bank (KfW) have signed a €40 million loan agreement to finance the installation of an eighth generator at the Perućica Hydroelectric Plant in Montenegro. This initiative forms part of the third phase of the ongoing reconstruction and expansion project at the country’s oldest large power plant. The financing has been secured through a new instrument developed from the collaboration between the European Commission and KfW, known as the EFSD+ guarantee (European Fund for Sustainable Development Plus). The loan comes with a 15-year repayment period and a five-year grace period. The addition of the eighth generator is a key component in EPCG’s strategy to make its production portfolio more environmentally friendly, supporting Montenegro’s broader efforts to decarbonize its energy sector. EPCG’s CEO, Ivan Bulatović, expressed his satisfaction with the agreement, highlighting its significance in advancing the company’s green transformation goals. Read more: https://lnkd.in/es3B5jWK #hydropower #finance #generator