Region: South Asia
Country: Pakistan
Topic: Climate-Smart
Keywords: Renewable Energy
Document Link(s):
Document Summary:
With a large population of over 150 million and a rapidly developing economy, Pakistan’s energy needs are potentially huge. The country, historically a net energy importer, is confronting serious imminent energy shortages as its economy and population grow while global fossil fuel prices continue their upwards spiral. Thus, Pakistan needs to initiate a sustained, long-term transition towards greater use of renewable energy (RE)—an indigenous, clean, and abundant resource whose considerable potential the country has yet to tap meaningfully. The Government of Pakistan (GoP) intends to pursue this objective of harnessing power from renewable resources with the full participation and collaboration of the private sector. This document sets out policies and strategies to exploit such resources and attract investments in electricity generation projects utilizing hydro (up to 50 MW capacity), wind, and solar power (of all capacities). For hydroelectricity (hydel) projects of capacity greater than 50 MW, the applicable policies are described in the GoP’s Policy for Power Generation Projects, 2002. Additional policy guidelines shall be issued in the future concerning biomass conversion and other RE technologies, as well as for non-power RE applications, as the sector grows and technology advances take place.
Document Details:
With a large population of over 150 million and a rapidly developing economy, Pakistan’s energy needs are potentially huge. The country, historically a net energy importer, is confronting serious imminent energy shortages as its economy and population grow while global fossil fuel prices continue their upwards spiral. Thus, Pakistan needs to initiate a sustained, long-term transition towards greater use of renewable energy (RE)—an indigenous, clean, and abundant resource whose considerable potential the country has yet to tap meaningfully. The Government of Pakistan (GoP) intends to pursue this objective of harnessing power from renewable resources with the full participation and collaboration of the private sector. This document sets out policies and strategies to exploit such resources and attract investments in electricity generation projects utilizing hydro (up to 50 MW capacity), wind, and solar power (of all capacities). For hydroelectricity (hydel) projects of capacity greater than 50 MW, the applicable policies are described in the GoP’s Policy for Power Generation Projects, 2002. Additional policy guidelines shall be issued in the future concerning biomass conversion and other RE technologies, as well as for non-power RE applications, as the sector grows and technology advances take place.
Updated: October 13, 2020