‘Success is the ability to go from one failure to another with no loss of enthusiasm’.
Quite bemusing that we have become quite experts in moving from one failure to another without losing any enthusiasm, though the sad part is that the failures increase in size and quantum.
Benjamin Franklin said, “Common sense is something that everyone needs, few have, and none think they lack.”
This is a great quotation that sums up our national dilemma. We face existential challenges on the economic front and are experiencing almost unsurmountable problems in the power and energy sectors. Many problems that we have created ourselves have outgrown to a size where handling them looks almost impossible.
Generating Economic Benefit and Growth Through Smarter Public Sector ProcurementJon Hansen
This ground-breaking report shows how political leaders could create 2.2 million jobs through better purchasing of taxpayer-paid goods and services while cutting the U.S.
deficit.
Written by Colin Cram, Internationally recognized public sector expert.
Future of Business IDE - Quito - 20 April 2015Future Agenda
Initial views to kick off a Future of Business event in Quito, Ecuador on April 20th - in partnership with IDE Business School. This brings together a number of business-relavent issues from across several Future Agenda topics insulting future of the company, data, resources, wealth and loyalty
Benjamin Franklin said, “Common sense is something that everyone needs, few have, and none think they lack.”
This is a great quotation that sums up our national dilemma. We face existential challenges on the economic front and are experiencing almost unsurmountable problems in the power and energy sectors. Many problems that we have created ourselves have outgrown to a size where handling them looks almost impossible.
Generating Economic Benefit and Growth Through Smarter Public Sector ProcurementJon Hansen
This ground-breaking report shows how political leaders could create 2.2 million jobs through better purchasing of taxpayer-paid goods and services while cutting the U.S.
deficit.
Written by Colin Cram, Internationally recognized public sector expert.
Future of Business IDE - Quito - 20 April 2015Future Agenda
Initial views to kick off a Future of Business event in Quito, Ecuador on April 20th - in partnership with IDE Business School. This brings together a number of business-relavent issues from across several Future Agenda topics insulting future of the company, data, resources, wealth and loyalty
To understand strategy in a simple manner three questions are quite helpful. When deciding on a course of action ask these questions: What next, what next and what next. As simple as they seem but they possess a great power to challenge anyone to consider the plan of action in the light of what will be the consequences, generally all intelligent people think about the consequence of their actions before committing them, but the wise ones think in a series of these question to fully understand the ramification of their deeds.
Russ Choma presents "Covering the Green Economy - Follow the Green Money," a Webinar geared toward business journalists.
The Donald W. Reynolds National Center for Business Journalism provides free tools and training for business journalists throughout the year. For more information, please visit businessjournalism.org.
Il World Energy Focus, nuovo mensile online della WEC's community, una e-publication gratuita per essere sempre aggiornato sugli sviluppi del settore energetico. Il World Energy Focus contiene news, interviste esclusive e uno spazio dedicato agli eventi promossi dai singoli Comitati Nazionali.
WE TALK A LOT ABOUT SUSTAINABLE DEVELOPMENT AND BELIEVE THAT IF WE ADOPT RESPONSIBLE ATTITUDE IT MAY HELP US TO ACHIEVE OUR GOAL. HOWEVER, WE FORGET THAT NOTHING GROWS CONSTANTLY. EVERYTHING AND EVERYONE HAVE LIMITS. BY STRETCHING THE LIMITS WE CAUSE CRISES. IN MY OPINION, WITHOUT MAJOR REVISION OF THE GLOBAL FINANCIAL SYSTEM SUSTAINABLE DEVELOPMENT IS UNLIKELY TO HAPPEN.
The people of Pakistan are beaten by frightening inflation and rising prices, and now the terror attacks on the mosques and Milad processions. Obviously, there is sadness and discomfort in the air. The poor are trying to cling on to any last piece of hope and for that they are desperately trying to find any reason and light whatsoever they can find
Agcapita February 2012 Briefing - Spare a Moment for the Real EconomyVeripath Partners
“According to the Mercer Pension Health Index, the decline in longterm interest rates over the past six months has brought the funded status of Canadian pension funds near the all-time low reached in 2008 (Chart 20). This index declined from 71 per cent in the second quarter of 2011 to 64 per cent at the end of October, indicating that a representative pension plan faces a higher risk of being unable to fully meet its financial obligations.”
Solving indonesia's present and future energy needsAndre Susanto
Indonesia is an archipelago with over 17,000 islands. Almost 1000 of them are permanently inhabited and over 5000 more are inhabited for part of the year. A centralized grid with large power plants is costly, and logistically almost impossible.
Decentralized power generation and storage with microgrid infrastructures are what's needed to solve Indonesia's energy needs. Implemented and planned correctly, this will allow Indonesia to leapfrog the traditional power distribution and transmission method of electrification. Indonesia can be a leader in how to implement power plants that utilize and maximize the local renewable energy sources as part of its electrification strategy.
This presentation was the slides that I presented in Munich during the 2015 conference on decentralized solar PV systems in Indonesia. This event was sponsored and supported by the Renewable Energy Export Initiative under the German Federal Ministry of Economy and Energy.
15. Pakistan's Elite and the Art of Deception 02 May 2024.pptxKashif Mateen Ansari
Pakistan's Elite and the Art of Deception
Pakistan’s governance challenges lies a political system characterized by patronage networks that prioritize personal gain, dynastic politics that perpetuate power within specific families, and weak institutional checks and balances that fail to uphold transparency and accountability.
Grid constraints in Pakistan are a result of problems like poor departmental management, a reliance on imported fossil fuels, high power generation costs, and antiquated monitoring techniques.
It's turtles all the way down.
We need to upskill our young generation in the skills that would be relevant in the next few decades. The World Economic Forum’s meeting in Davos this year had one of the themes about what would be the future of work. In a study they pointed out that about a quarter of jobs today would not be there very soon due to the advances in technology, especially Artificial Intelligence.
Our predicament is to figure out by looking at the state of our youth, "what promise does our nation holds for the future?"
Investing in skill development makes perfect economic sense; according to a report by UNESCO, "$1 invested in youth skills can pay back after fifteen-fold in economic growth."
CEO Kashif Mateen Ansari's article discusses the risk of a great opportunity being wasted.
, “Our greatest glory is not in never falling, but in rising every time we fall.”
Nations emerge from the ashes of such grave events, and we are no exception. As a country we have faced war on terror and wars imposed by neighbours and economic burdens of providing refuge to millions and facing long -term economic sanctions all in a lifetime of a generation.
The IMF is a monster and there is no doubt about it; it has ruined many low-income countries and a lot has been written about the harms it has done to developing nations and emerging economies and how it has pushed millions into poverty through its straight-jacket approach where one size fits all is the rule.
A country’s failure is mostly due to its extractive institutions. Extractive institutions stifle economic growth and maintain inequality by consolidating power and wealth in the hands of a select few. By taking resources from the majority and impeding the growth of a diversified and competitive economy, they serve the interests of a governing elite. Corruption, favouritism, and the repression of personal freedoms and rights are frequently attributes of extractive institutions.
Wealth inequality in Pakistan is overwhelming. According to a World Inequality Database report, the top 10% of Pakistani households earn 42% of the country’s income, while the bottom 50% earn only 13%. With the current tsunami of inflation and low growth these figures are bound to aggravate further.
Income inequality is equally staggering where the rich live in a different world and the poor inhabit a different planet. To put it into perspective the richest earn sixteen times more than the average income for the poorest.
“it’s the transmission, stupid” accurately describes the difficulties the power sector is facing in Pakistan. Many of the issues affecting Pakistan’s power sector, such as power outages, limited access to electricity, inefficient use of the country’s existing power generation capacity, and high system losses, cannot be resolved due to the absence of a reliable transmission network.
Blackouts and load shedding are frequent in Pakistan as a result of the transmission network’s constrained capacity. This has a major impact on households, businesses, and the economy.
It is said, “Never waste a good crisis” … and Hilary Clinton added, “Don’t waste it when it can have a very positive impact on climate change and energy security.”
Discussion regarding developing a system that would allow regular people to participate in the generation, profitability, and administration of energy and power.
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To understand strategy in a simple manner three questions are quite helpful. When deciding on a course of action ask these questions: What next, what next and what next. As simple as they seem but they possess a great power to challenge anyone to consider the plan of action in the light of what will be the consequences, generally all intelligent people think about the consequence of their actions before committing them, but the wise ones think in a series of these question to fully understand the ramification of their deeds.
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WE TALK A LOT ABOUT SUSTAINABLE DEVELOPMENT AND BELIEVE THAT IF WE ADOPT RESPONSIBLE ATTITUDE IT MAY HELP US TO ACHIEVE OUR GOAL. HOWEVER, WE FORGET THAT NOTHING GROWS CONSTANTLY. EVERYTHING AND EVERYONE HAVE LIMITS. BY STRETCHING THE LIMITS WE CAUSE CRISES. IN MY OPINION, WITHOUT MAJOR REVISION OF THE GLOBAL FINANCIAL SYSTEM SUSTAINABLE DEVELOPMENT IS UNLIKELY TO HAPPEN.
The people of Pakistan are beaten by frightening inflation and rising prices, and now the terror attacks on the mosques and Milad processions. Obviously, there is sadness and discomfort in the air. The poor are trying to cling on to any last piece of hope and for that they are desperately trying to find any reason and light whatsoever they can find
Agcapita February 2012 Briefing - Spare a Moment for the Real EconomyVeripath Partners
“According to the Mercer Pension Health Index, the decline in longterm interest rates over the past six months has brought the funded status of Canadian pension funds near the all-time low reached in 2008 (Chart 20). This index declined from 71 per cent in the second quarter of 2011 to 64 per cent at the end of October, indicating that a representative pension plan faces a higher risk of being unable to fully meet its financial obligations.”
Solving indonesia's present and future energy needsAndre Susanto
Indonesia is an archipelago with over 17,000 islands. Almost 1000 of them are permanently inhabited and over 5000 more are inhabited for part of the year. A centralized grid with large power plants is costly, and logistically almost impossible.
Decentralized power generation and storage with microgrid infrastructures are what's needed to solve Indonesia's energy needs. Implemented and planned correctly, this will allow Indonesia to leapfrog the traditional power distribution and transmission method of electrification. Indonesia can be a leader in how to implement power plants that utilize and maximize the local renewable energy sources as part of its electrification strategy.
This presentation was the slides that I presented in Munich during the 2015 conference on decentralized solar PV systems in Indonesia. This event was sponsored and supported by the Renewable Energy Export Initiative under the German Federal Ministry of Economy and Energy.
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Grid constraints in Pakistan are a result of problems like poor departmental management, a reliance on imported fossil fuels, high power generation costs, and antiquated monitoring techniques.
It's turtles all the way down.
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Investing in skill development makes perfect economic sense; according to a report by UNESCO, "$1 invested in youth skills can pay back after fifteen-fold in economic growth."
CEO Kashif Mateen Ansari's article discusses the risk of a great opportunity being wasted.
, “Our greatest glory is not in never falling, but in rising every time we fall.”
Nations emerge from the ashes of such grave events, and we are no exception. As a country we have faced war on terror and wars imposed by neighbours and economic burdens of providing refuge to millions and facing long -term economic sanctions all in a lifetime of a generation.
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Blackouts and load shedding are frequent in Pakistan as a result of the transmission network’s constrained capacity. This has a major impact on households, businesses, and the economy.
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Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just what'sapp this number below. I sold about 3000 pi coins to him and he paid me immediately.
+12349014282
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Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the what'sapp contact of my personal pi merchant to trade with
+12349014282
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Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the what'sapp contact of my personal pi merchant to trade with.
+12349014282
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Yes of course, you can easily start mining pi network coin today and sell to legit pi vendors in the United States.
Here the what'sapp contact of my personal vendor.
+12349014282
#pi network #pi coins #legit #passive income
#US
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the what'sapp contact of my personal pi vendor
+12349014282
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the what'sapp number of my personal pi merchant who i trade pi with.
Message: +12349014282 VIA Whatsapp.
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
Moving from Failure to Failure Successfully, 18 Sep 2023.pptx
1. Moving from Failure to Failure Successfully?
Kashif Mateen Ansari Published Sep 18, 2023
Winston Churchill said, ‘Success is the ability to go from one failure
to another with no loss of enthusiasm’.
Quite bemusing that we have become quite experts in moving from
one failure to another without losing any enthusiasm, though the
sad part is that the failures increase in size and quantum.
As I tried to point out in my article “Elephant in the room”, Let’s talk
about SOEs again, where we bleed profusely but are ever ready to
dole out relief package after package, that too of no avail.
With respect to the almighty SOEs there must be a will that needs to
be seen on the part of the policymakers to stop throwing good
money after bad and stop giving any new relief packages. Privatise
where we can and reduce the portfolio. PIA is a case in point where
we are ready to dish out billions after billions to keep this white
elephant standing. Learning from examples is a good way that wise
people use, so doing the same we look at Norwegian airlines which entered bankruptcy protection and
closed its long-haul operation in 2019, few expected the airline to survive. But after a complete corporate
overhaul and a refocus on short-haul routes, Norwegian airline is thriving once again. To give perspective
as to how well-equipped government of Norway was to give a relief package to their airline let’s have a
look at their sovereign wealth fund. In September 2023, it has over US$1,477 billion in assets, and held
1.4% of all the world’s listed companies in 2019, making it among the world’s largest sovereign wealth
funds.
This clearly indicates that if they wanted, they could have kept the airline as it is and provided relief
package after relief package for the next decade, rather they chose to hard restructure the airline and
started making money in short-haul flights. Even today their flights do not provide any free meal or coffee,
rather you pay for the ticket and add more to this price for your hand carry and check in baggage, if you
feel like eating something you must pay for that in the flight. These flights are comfortable but with no
frills, small single aisle aircrafts ferrying passengers across Europe, and it is airline of a country that boasts
one of the largest wealth funds.
On the other hand, is a country where a bailout package of only three billion dollars from the IMF has seen
the country go to the brink of default and reel back from it with soaring inflation and depleting currency
value and yet we are generous enough to provide bailout package to our all SOEs right left and centre. In
2. comparison to Norwegian airlines, we can rightly boast one of the highest headcounts per seat and
inefficient operations and lousy financial management.
Similar is the case of our power sector where we are stung by excess production capacity, yet we are more
than enthusiastic to add more to it.
When it comes to everybody and their grandmas prescribing medicine for all our power sector woes, it
comes to my mind to be reminded that ‘Courage is what it takes to stand up and speak; courage is also
what it takes to sit down and listen’. Our national enthusiasm has gained much more momentum when it
comes to finding the blame worthy parties and then prescribing measures that can alleviate the problems.
This looks like the witch hunts of medieval Europe where you could burn anyone you don’t like on the
stake. For the power sector the next witch that needs to go up in flames are the IPPs (independent power
plants).
We are facing excess capacity and by virtue of capacity charges alone we will be paying 124 billion rupees
in the next two quarters. However, we have transmission restraints where we are unable to evacuate
renewable energy from our wind corridor in Sindh and same is the case with the energy produced at our
nuclear power plants or Thar coal plants.
Blame has been conveniently placed at the shoulder of IPPs and everybody is blood thirsty to see these
monsters go down. What we fail to understand that our transmission and distribution losses including lack
of recovery amounts to almost fifty percent of our current electricity price. Outstanding bills from
government departments alone run in hundreds of millions, media has been providing figures that run
into billions of rupees rather over hundred billion due to one disco alone. We need to address that in order
to provide relief to the masses. Reneging on our existing contracts would do no good to the economy in
the short run as the impact on per unit price would be miniscule as our total price to the consumers
constitutes a bigger portion related to our inefficiency rather than the actual price of power consumed or
in the long run as our efforts of attracting international investment will be marred by the mistrust that
such renegotiations will create. We cannot shoot those who answered a call to invest in Pakistan in a
framework that we believe now to be flimsy and retarded. Yes, what we need to do is to understand how
not to repeat those mistakes in the future.
Usually, our response is more like a knee-jerk reaction than any well considered strategy. Trying to strong-
arm the small domestic net metering clients will not solve the problem but it would certainly prove the
mental capacity of our policy makers. Due to similar reasoning wheeling as an option has not been able to
take root because the mandarins at the helm of power sector do not want good load centres (corporate
and commercial clients) to move to B2B arrangements with power producers using the policy framework
of wheeling. Our policy making at national level seems to be myopic and blind-folded to call out lightly.
Unfortunately, we are very good in stamping out any avenue that may prove to be beneficial in the long
run. We do not want to change our ways rather we want to repeat the same mistakes with more vigour
and focus than before.
Capacity charges are paid for the electricity not produced and there could be two reasons for not
producing power and getting paid, one there is transmission constraint and second there is demand
constraint. Either way the solution is simple, fix the transmission or increase the demand. Both are easier
said than done. Transmission and distribution would require billions of dollars of investment but unless
3. we understand the problem and agree on a framework to fix it not a single step could be taken. To start a
journey of thousand miles we need to take the first step.
To increase the demand if that is the constraint of not despatching power, we must be careful before we
suggest any measure. If we do not produce and yet pay Rs124 billion in capacity charges, then producing
power and providing to the export-oriented industry at some discounted rate makes quite a lot of sense.
The problem with such framework could be that it can be prone to misuse or abuse. For exporters all
proceeds of exports when brought back to the country an adjustment or rebate or incentive could be given
that would reduce their overall cost and thus increase profits. This could be linked to simple performance
measure of bringing back export proceeds. This would incentivise the exporters to produce more thus
utilising more power. There could be a lot more avenues that could be found out to utilise excess
production in a way that adds to the national GDP and will be able to pay for the electricity used, policy
makers need to clarify the objective in their minds. It could be to utilise excess power generation in a
manner that adds to GDP, be able to pay at least all the variable cost and provide jobs and move the circle
of economy. In this case the least outcome would be that though we still pay for the fixed charges but that
is not in vain as electricity is produced and some economic activity is generated, and foreign exchange is
either saved or earned. We save this discussion for some other day with a call to our policymakers to start
thinking beyond the horizon, do something that focuses on long term health of this nation.
(The writer is a Harvard Alumni and tweets as @kashif_m_ansari) also the
writer is CEO of a wind power project and can be reached at kashifmateenansari@post.harvard.edu