Around 83 percent of all power capacity added last year was produced by renewable energy, which is derived from natural sources that are replenished at a higher rate than they are consumed.
Iran’s energy crunch is a sign of bad governance and foreign policy failures, analysts say.
The port city of Karachi, with a population of more than 15 million, and Lahore, with population of more than 10 million, remained without power due to a fault in the national grid.
PCK – one of the country's significant refineries – is running at only 50 percent capacity because of an embargo on Russian oil.
Average domestic energy bill in Britain roughly doubled over the last 12 months as household electricity and gas bills have rocketed across Europe after key energy producer Russia attacked Ukraine in February.
Germany is facing a severe energy crisis due to the ongoing Russia-Ukraine war, which led to disruptions in the gas supply and pushed energy prices to record highs.
Around 125,000 households were affected at height of incident due to complete blackout for almost an hour.
The price cap plan – which the European Commission was never keen on – sets a maximum threshold of 275 euros per megawatt hour.
Anna Moskwa's remarks come a day after disagreements sparked among the 27 European Union countries over a proposal to cap future gas prices at around $285 per megawatt hour.
Oil prices have dropped by around $1 a barrel as Covid19 weakens demand from China, and the US dollar rebounds.
US Treasury Secretary Janet Yellen meets leaders in India with a focus to deepen bilateral ties as Washington attempts to steer the country away from Russia and hopes for it to act as a counterweight to China.
A study says that emissions from proposed and approved gas projects endanger the Paris Agreement goals as western countries seek to stave off the energy crisis.
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