Tapping renewable energy resources needed

STAFF REPORT IBD: Pakistan has enormous resources of renewable and non-renewable energy sources. One of the largest coal fields in Pakistan has reserves of more than 175 billion tons exceeding those in some major oil generating countries.

Pakistan has a great potential for wind energy yet power generation using wind energy is still in the initial stages. About 100,000MW of energy can be generated using solar sources and 41,000-45,000MW through hydel power generation. Despite all these possibilities, power generation in our country is not increasing. Therefore, a rational policy should be developed, placing more emphasis renewable energy.

In the wake of persistent energy crisis in the country, the government is desperately exploring all renewable energy resources with inviting the private and international investors to come in and invest in this sector in order to overcome the energy shortfall.

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