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Published Date: Apr 14, 2014

SDPI Press Release (April 14, 2014)

“If
the government produces the will and commitment than with the help of
hydel projects we can add over 15000 MW of hydropower in the next 5
years, 30,000 MW in 10 years and 50, 000 MW in 15 years” said Imtiaz Ali
Qazilbash, Former Chairman of the Planning Commission Working Group on
Hyrdropower and Alternate Energy
at a seminar on “Sustainable Energy for All” organized by Sustainable Development Policy Institute (SDPI). 

The seminar was a discussion about the new initiative of UN
Secretary-General Ban Ki-moon of “Sustainable Energy for All”. This
program is to ensure universal access to modern energy services, improve
efficiency and increase use of renewable sources.

Imtiaz
Ali Qazilbash also proposed that Pakistan has identified projects for
the huge potential of 60,000 MW hydropower and over 53.61maf of water
storage. The initial investment on hydel projects can be between $1.5 to
$2.5 million per MW. This is more than required for thermal projects.
However, IFI’s are financing two coal based power projects of 1200 MW at
$2.588 billion i.e. $2.16 per MW.

Kashif Mateen Ansari, CEO Sachal Energy Development said that
a special focus needs to be put on educating the local population on
conservation of power. “Exploitation of non-hydro renewables e.g. wind,
solar, municipal solid waste (MSW), and bio-energy can further enhance
energy security by reducing total imports to 38% of total energy in
2030. Moreover, at the end of 2012, the total installed capacity of wind
energy has risen to 282 GW as compared to 240GW by end of 2011”, he
discussed.

Naveed Iftikhar, Governance Specialist (ERU), Ministry of Finance highlighted the barriers to energy conservation i.e.
lack of transparency & financing, delay in introduction of improved
infrastructure & technology, inadequate legislation, lack of
coordination among stakeholders and weak institutional capacity. While
talking about the renewable energy potentials he quoted the example of
Jhimpeer and Gharo having 10,000 MW of wind energy.  
He narrated
the potentials available in Pakistan in the form of wind, solar, and
bio-gas and distinctively discussed the options as well as developments
with respect to each of them. “Intelligent financing tools should be
worked out because initial cost of installing solar panels, bio-gas
plants or other resources is relatively higher for common citizens” he
said.

Waqas Masud, Director, Fazal Industries said that business
community of Pakistan, is keen on acquiring economical and reliable
alternative energy solutions to sustain their operations. Further he
added that Pakistan’s energy crisis and
environmental challenges can be overcome by having an efficient use of
energy, independent regulatory bodies and an honest political will.

In his concluding remarks, Dr. Abid Qayyium Suleri, Executive Director, SDPI said that multilateral
and bilateral initiatives are required to improve renewable energy
solutions in Pakistan. Apart from on-going programmes and projects by
the government, a substantial investment and policy support is needed
for a successful energy transition to renewable. Global successful
experience and knowledge of implementing green technologies can be used
by Pakistan to develop a sustainable civic and industrial infrastructure
for a rapid economic growth.