Number of Downlaods: 172
Published Date: Mar 3, 2021
Lack of foresight in energy planning of Pakistan (PB – 75)
Pakistan’s energy sector has gone through an electricity crisis recently and blackouts have occurred several times in history. At the current stage, Pakistan is facing energy surplus primarily because of over-investments into the energy sector to overcome the shortages. Moreover, Losses, distribution companies’ poor recovery factors, inefficient generators, and expensive power purchase agreements with power producers by the government lead to uncontrollable circular debt. This study presents a review of Pakistan’s power sector policies and studies conducted by the government and highlights some serious issues related to energy supply and demand, power sector losses, financial threats, and climate change. Furthermore, this paper suggests strategies and recommendations to help the policymakers and energy sector officials to minimize the power sector crisis by taking actions accordingly.