Energy Crisis in Pakistan

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Energy crisis in Pakistan
Outline:

Introduction
Pakistan is a victim of energy crisis
A shortfall of energy is called energy crisis
Energy crisis is not specific to Pakistan
Causes behind the energy crisis
Poor management
Circular debt
Power theft and Power wastage
Corruption and lack of accountability
Mis-allocation of resources
Increasing price of oil in international market
In past no efforts were made
Alternative energy resources: Hard technologies and Soft technologies Hard technologies:
Nuclear power
Natural gas
Natural gas import
Coal
LNG
Soft technologies:
Hydropower
Solar energy
Wind energy
Biomass production
Remedies:
Renewable resources must to counter energy crisis
Pure financial management
Resolving energy crisis should be priority of government Conclusion

Pakistan has been facing energy crisis since four years which had badly affected and destroyed industrial and economical sector that lead to unemployment. So as the situation stands today, despite having significant reserves of coal, natural gas and hydropower generation, three are hardly any immediate solution to resolve this issue. The major reasons which have lead to energy crisis are poor management, circular debt, corruption, misallocation of resources, increasing price of oil in international market and in past no efforts were mace to cope with the coming shortage of electricity. In Pakistan there are enough resources from which government can develop electricity, like natural gas exploration, solar energy, wind energy and coal. But we cannot overcome on energy shortage only through these alternatives but the government and relevant departments have to take some efficient measures for instance renewable resources should be used, finance sector must play its role and resolving energy crisis should be priority of government. Pakistan is rich in natural resources the only thing which is required, is utilization of these resources with utmost efficiency. Since summer 2007 Pakistan is in the grip of serious energy crisis that is affecting all the basic need of our life because it is directly proportional to the development of economy and political stability is also linked with the availability of resources. In the response of enormous increase in the demand of electricity Pakistan is producing about 1, 1500 MW per day while it needs around 15,000 to 20000 MW per day hence the deficit is about 4000 to 9000 MW per day. “Crisis” has been coined by a Greek word which means ‘decisive moment’. Crisis is declared when something has gone to a level where action must be taken to avoid complete disaster or breakdown. An energy crisis is any great shortfall in the supply of energy resources to an economy. The term “energy crisis” is not specific to Pakistan it is an international phenomenon. There has an enormous increase in the global demand for energy in recent years as a result of industrial development. Supply of energy is far less than the actual demand. In 1970 and in 1990 there has energy crisis due to peaking oil production in industrial nations, in Germany, United States, and Canada and due to the Gulf war respectively. For many years North Korea has had and due to financial mismanagement Zimbabwe has experienced a shortage of energy supplies for many years. Hence all theses historical events of energy crisis shows that energy shortage can loom on any country’s head no matter how well developed it is. An important question about the ongoing power shortage is, being raised is that why the energy crisis has overcome our country despite the fact that statistics about energy resources, demand and consumption are well articulated. The energy sector has been ignored and lopsided priorities of government had lead to energy crisis. Delay decision...
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