Pakistan, A new plan to build more renewable energy facilities
Pakistan has recently initiated a plan to commence the installation of fresh solar and wind plans which will increase its capacity to generate clean energy to about twenty percent.
The plan has been necessitated by the need to reduce its reliance on conventional energy sources like fuel and gas that are been imported into the country. The new wind energy and solar energy plants are planned to increase the country’s power production capacity.
Renewable Energy to increase Pakistan’s power output by 7 Gigawatts.
The southern Asian country has been nursing plans to boost its renewable energy four times over with the addition of 7 more gigawatts of power in 2025. This will take the total power generated by the country to between 8 and 9 gigawatts when the plan finally gets underway in 2025. This is contained in the country’s new energy bill. The policy had targeted to increase the entire power generation capability of the country by 40%. This would ultimately take the total power generated by the country to either 42 or 43 gigawatts. The new energy bill is being expected to get approval in the approaching month.
Renewable Energy to ease up the congestion on Pakistan’s national grid
The decision to move to the clear energy is preceded by the incident that saw the country nearly closing up a power gap through the addition of 10 more gigawatts of energy within the last six years in order to counter unexpected power outages in several important cities.
A majority of that power had come from the natural and coal gas-powered plants which were funded by China as a product of the Chinese-sponsored Belt and efficient Road initiative.
The Role of Hydroelectricity in Pakistan’s Renewable Energy
The generation of energy by water is also a part of the plan for renewable energy. Being a portion of the country’s statistics on renewable energy, hydroelectricity is anticipated to generate about 35% of the country’s power capacity by the year 2025.
While Pakistan is looking to increase its general power output, it’s mainly the grid that has been put under enormous pressure while numerous transmission lines have been working under full load. In order to minimize the current congestion, Pakistan has joined forces with the World Bank in order to find suitable locations to install its fresh renewable energy generating plants.
Auction of the legal right to start energy, facilities start in December
The country had planned to carry out a practical auction to award the construction of renewable energy facilities every year beginning this December. The country will also cease to control the generation of clean energy in the benefit of companies with the intention of building wind farms or making use of sun-powered solar panels for the supply of energy to private businesses.
New Renewable energy facilities to minimize imported energy
Furthermore, the generation of renewable energy has also been anticipated to minimize the overall expenditure that the country uses in importing fuels for power generation. The main fuels being imported by Pakistan are natural and coal gas.
Pakistan’s importation of Petroleum-based products that is used to operate both vehicles and power plants had cost approximately $13 billion out of $50 billion of the total import made by the country in the space of eleven months.
Finally, still looking for practical ways to boost its general energy capacity, the country had a $3.5 billion worth of Joint Venture agreement with China. This is to serve as a means of funding for China to be able to dig and bring up the coal out of the Thar Desert region of the country. This will be used to scale up the general power output of the region.