energy crisis and its effect on pakistan's economy
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energy crisis and its effect on pakistan's economyTRANSCRIPT
M Hassan Shafiq L1F11MBAM1160Akmal Shehzad L1F11MBAM2127Khubaib Mehmood L1F11MBAM0186
Energy Crisis & its effects
on Pakistan’s Economy
IntroductionEnergy consumptionSome questionsEnergy Resources of PakistanEffect on economyObjective SWOT analysis Recommendations Conclusion
Contents
Introduction
An Energy Crisis is any great shortfall in the supply of energy to an economy
It usually refers to the shortage of oil, electricity or other natural resources
Energy consumption
Industrial and agriculturalpurposes
Domestic use of the citizens
Some questions
Crisis of its history?Reasons?Utilization? Pakistan importing coal? Access to electricity?
Energy resources of Pakistan
Pakistan’s Conventional Energy Resources Energy Type Potential Source
Crude Oil 339 million barrels recoverable reserves. Pak Eco Survey 2010-11
Natural Gas 31,266 trillion cubic feet recoverable reserves. Pak Eco Survey 2010-11
Coal 185 billion tones recoverable reserves. Pak Eco Survey 2010-11
Pakistan’s Renewable Energy Resources1. Wind Energy2. Solar Energy3. Bio-mass & Bio-fuels
Energy crisis badly effects Education Great effect on Industries Effects on Economy Higher electricity prices Effect on agriculture Unemployment increased
Effects on economy
Impact on society
Imported oil and coal and shortage of natural gas increase prices
Less agriculture yields
Dependent on other countries
Objective
Use own resources
Import electricity from China
SWOT Analysis
Strength
Government import and increase taxes to generate revenue.
Explorations of more oils, gas and coal reserves
Conservation of energy
resources
Weakness
Industries destroyed
Lack of investor
Economy slowdown
Recession
Unemployment increases
SWOT Analysis
Opportunities
Increase the number of IPPs (Independent Power Producers).
Monopolistic environment
Profitable for some business like generator, ups
Threats
Protest of general public
Vulnerabilities leading toward political instability
Lack of new projects but just seminars only
People buying power decreases
Recommendations
To overcome present energy crisis, Pakistan needs to take the following steps in form of:
1. Short Term Plan
2. Medium Term Plan
3. Long Term Plan.
Recommendations
1. Short Term Plan2. Medium Term Plan
3. Long Term Plan
Overhaul the existing poor distribution system
Import electricity
Government should have strict check
Recommendations
1. Short Term Plan
2. Medium Term Plan3. Long Term Plan
Transformation of existing system
Developing and installing solar, wind projects in villages
Recommendations
1. Short Term Plan
2. Medium Term Plan
3. Long Term Plan
Installing coal based powerhouses
Initiate agreements for mega projects
Explorations of more oil, gas and coal reserves
Conclusion
This study recommends Government of Pakistan to take strong
steps to overhaul its existing infrastructure and transformed it
to utilize renewable energy for future needs.
Government should also take steps to utilize the coal reserves
though it will give us energy for next 25 years.