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Pakistan’s power sector is changing fast, and the story is no longer just about electricity generation or tariffs. As grid demand remains under pressure and distributed energy continues to grow, a new layer is quietly reshaping the system: energy storage. Solar adoption has accelerated over the last few years, but batteries are now turning solar into a reliable, round-the-clock alternative. This is where REON Energy comes in. As energy systems become more complex, businesses need visibility, control, and reliability across multiple energy sources. Learn more about REON and the energy solutions they provide here: https://pakistanandcounting.com/reone... In PowerPlay: Episode 2, we break down Pakistan’s power generation for November 2025 and examine what the numbers are really telling us. From seasonal shifts in hydel and fuel mix to falling generation costs and rising circular debt, this episode connects the dots between grid performance and what’s happening beyond the grid. We also take a closer look at the rapid rise in battery imports, and how solar plus storage is changing consumption patterns, reducing grid dependence, and creating a parallel energy system alongside the national grid. This episode explains: • Pakistan’s electricity generation in November 2025 • Why month-to-month numbers can be misleading • How fuel mix and merit order affect generation costs • Why circular debt continues to grow despite lower costs • The scale of Pakistan’s solar expansion • How batteries are turning solar into a complete energy solution • Why Pakistan is effectively running two power systems in parallel PowerPlay is a Pakistan & Counting series focused on energy economics, system design, and the decisions shaping Pakistan’s power future. Thank you to Arif Habib Ltd. for supporting the research for this report. Follow Pakistan & Counting on: X: https://x.com/PakAndCounting FB: / pakistanandcounting IG: / pakistanandcounting Tiktok: https://www.tiktok.com/@pakistanandco... LI: / pakistan-and-counting