Launch of 20pc renewable energy by 2025.

Presently the Government of Pakistan is intending to introduce renewable energy in Pakistan in phases where the first phase expects 20 percent by 2025. No doubt, Pakistan is successfully overcoming energy crisis, which has direct and indirect impact on all sectors of the economy, by raise in generation as well as in transmission capacity of the system. Pakistan's new Renewable Energy Policy is predicted to attract investment opportunities because of transparent policies of the government.Kamal1energypic1 The Government of Pakistan has set ambitious targets to introduce 25 percent renewable energy by 2025. Sources recorded that further 30 percent renewable energy would be introduced through the end of 2030 with a 40 percent share of hydel power generation into the energy mix of Pakistan. It is said that renewable energy-based power plants would be recruited through open and competitive bidding transparently.

The Government of Pakistan mentioned in its report that energy sector in the country, is confronted with demand supply gap, which needs to be filled up along with improvement in energy-mix for its supply at lower cost. In terms of energy-mix, Pakistan's reliance on thermal which includes imported coal, local coal, RLNG and natural gas has been decreasing over last few years. Pakistan's dependence on natural gas in the overall energy mix is on decline and the reduction of its share in the energy mix may be attributed to declining natural gas reserves as well as to the introduction of LNG since 2015.

The share of renewable has steadily increased over the years (% share, however, in July-April 2020 has declined as compared to same period in 2019). The shares of Hydro and nuclear in energy-mix have also increased in FY2020 as against to FY2019. Such historical variability for each energy source in the energy mix of the country has been used to formulate the Integrated Energy Plan.

The Integrated Energy Plan will not only assist in envisioning the energy demands and respective supply paths of the future but also to formulate evidence based long term policy options. The Government officials also reported that...