AIRLINK 197.97 Decreased By ▼ -3.27 (-1.62%)
BOP 10.04 Increased By ▲ 0.07 (0.7%)
CNERGY 7.29 Increased By ▲ 0.40 (5.81%)
FCCL 36.00 Increased By ▲ 0.64 (1.81%)
FFL 16.91 Decreased By ▼ -0.24 (-1.4%)
FLYNG 25.04 Increased By ▲ 0.83 (3.43%)
HUBC 134.03 Decreased By ▼ -4.16 (-3.01%)
HUMNL 14.14 Increased By ▲ 0.07 (0.5%)
KEL 4.78 Decreased By ▼ -0.08 (-1.65%)
KOSM 6.94 Increased By ▲ 0.28 (4.2%)
MLCF 44.98 Decreased By ▼ -1.33 (-2.87%)
OGDC 218.23 Decreased By ▼ -4.31 (-1.94%)
PACE 6.94 Decreased By ▼ -0.12 (-1.7%)
PAEL 41.42 Decreased By ▼ -1.72 (-3.99%)
PIAHCLA 16.86 Decreased By ▼ -0.17 (-1%)
PIBTL 8.46 Decreased By ▼ -0.08 (-0.94%)
POWER 9.39 Increased By ▲ 0.29 (3.19%)
PPL 185.93 Decreased By ▼ -2.83 (-1.5%)
PRL 41.27 Decreased By ▼ -2.00 (-4.62%)
PTC 24.77 Decreased By ▼ -0.58 (-2.29%)
SEARL 104.65 Decreased By ▼ -5.77 (-5.23%)
SILK 1.01 Decreased By ▼ -0.02 (-1.94%)
SSGC 40.91 Decreased By ▼ -1.73 (-4.06%)
SYM 18.05 Decreased By ▼ -0.52 (-2.8%)
TELE 8.91 Decreased By ▼ -0.21 (-2.3%)
TPLP 12.84 Decreased By ▼ -0.84 (-6.14%)
TRG 66.60 Decreased By ▼ -1.56 (-2.29%)
WAVESAPP 11.30 Increased By ▲ 1.03 (10.03%)
WTL 1.78 Decreased By ▼ -0.09 (-4.81%)
YOUW 4.00 Decreased By ▼ -0.01 (-0.25%)
BR100 12,109 No Change 0 (0%)
BR30 36,598 No Change 0 (0%)
KSE100 115,042 No Change 0 (0%)
KSE30 36,200 No Change 0 (0%)

KARACHI: Experts, researchers, representatives of renewable energy companies and government officials have emphasized the need that Pakistan needs to move away from fossil fuels both in energy generation and energy consumption.

They were speaking at the launch of two studies conducted by the Policy Research Institute for Equitable Development (PRIED).

One of these studies explores challenges, opportunities, costs and benefits associated with the development of offshore wind energy projects. The other study looks into the need, possibility and the impacts of shifting gas-run home appliances to those running on electricity.

PRIED researchers highlighted that Pakistan has a vast potential to generate thousands of megawatts of electricity by setting up offshore wind projects in Keti Bandar and Hangol areas of Sindh and Balochistan provinces respectively. They pointed out that, being based in the sea, offshore wind project do no need land acquisition and do not create noise pollution for human settlements.

But, they said, these projects are costlier to build and could disrupt naval traffic and the livelihood of fisherfolk. Others present on the occasion, however, agreed with them that offshore wind was a technology of the future and Pakistan must explore it to ensure its energy security and environmental sustainability over the next 25 years.”

Copyright Business Recorder, 2024

Comments

Comments are closed.