Energy self-sufficiency is a prerequisite for economic survival, says PDP – Pakistan

KARACHI: Altaf Shakoor, Chairman of Pasban’s Democratic Party (PDP), stressed that all political parties should agree on an Energy Charter in the best interests of the nation and the country.

He said accelerated policies should be formulated and sustainable decisions taken to boost the energy sector and thereby improve the economy for the rapid progress of the country.

Self-sufficiency in the energy sector is a prerequisite for the economic survival of the country and, in this regard, the key area is that of renewable energies.

In addition to nuclear, thermal and coal-fired power plants, special attention should be paid to the use of the sun and wind, as Pakistan is blessed with these two resources, Altaf Shakoor said.

He was of the view that efforts to explore oil and gas reserves should be accelerated. Thar coal is not optimally used for power generation, suggesting the wrong priorities of policy makers.

He said Thar coal can also be used in gasification to produce power. Pakistan needs more nuclear power plants, especially near industrial hubs like Karachi, to meet the electricity needs of industry and domestic consumers. The province of Sindh has a very good wind corridor where dozens of wind power plants could be located.

The PDP leader said that solar energy can revolutionize the agricultural sector because in off-grid areas, tube wells can be powered by solar energy. Solar panels could provide cheap energy to millions of households, reducing the national import bill by decreasing oil imports.

He underlined the fact that energy is a strategic sector for Pakistan because agriculture and industry depend on it.

Micro and macroeconomic measures must be taken to make Pakistan a country that is not too dependent on imported fossil fuels. But no major political party in Pakistan has a plan in this regard, he added.

Copyright Business Recorder, 2022

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