Green Energy

2163 readers

197 users here now

everything about energy production

founded 2 years ago

MODERATORS

Chinese solar panel boom threatens Pakistan’s debt-ridden grid | Industry rushes to switch to clean energy as cost of state power network becomes crippling (www.ft.com)

submitted 4 weeks ago* (last edited 4 weeks ago) by [email protected] to c/[email protected]

5 comments fedilink hide all child comments

basically:

Pakistan, with Chinese financing, solved a problem of frequent rotating blackouts by building coal-fired power plants. Those are more expensive than solar, so people are installing small-scale solar right and left...which means that the coal-fired power plants aren't financially viable.

This post uses a gift link which may have a capped view count. You can use an archived copy if that runs out.

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 4 points 4 weeks ago (1 children)

i think it's just weird phrasing, like, the country's grid is dirty and expensive and it's awesome that cheap solar is threatening it

[–] [email protected] 2 points 4 weeks ago (1 children)

If you read the article it describes how this phenomenon is really bad for the Pakistani government who are in debt and the working class who can’t invest in solar panels and thus end up having to pay way more for their already expensive energy to compensate for companies who are no longer using it.

[–] [email protected] 1 points 4 weeks ago

Make the utility responsible for the bonds and have them go bankrupt.