AIRLINK 173.79 Increased By ▲ 3.22 (1.89%)
BOP 11.36 Increased By ▲ 0.18 (1.61%)
CNERGY 8.64 Increased By ▲ 0.23 (2.73%)
CPHL 101.64 Increased By ▲ 1.91 (1.92%)
FCCL 46.94 Increased By ▲ 0.34 (0.73%)
FFL 15.39 Increased By ▲ 0.24 (1.58%)
FLYNG 27.79 Increased By ▲ 0.24 (0.87%)
HUBC 143.75 Increased By ▲ 5.97 (4.33%)
HUMNL 12.99 Increased By ▲ 0.07 (0.54%)
KEL 4.52 Decreased By ▼ -0.02 (-0.44%)
KOSM 5.76 Increased By ▲ 0.40 (7.46%)
MLCF 62.33 Decreased By ▼ -0.07 (-0.11%)
OGDC 212.02 Decreased By ▼ -0.14 (-0.07%)
PACE 5.47 Increased By ▲ 0.05 (0.92%)
PAEL 47.07 Decreased By ▼ -0.11 (-0.23%)
PIAHCLA 18.08 Decreased By ▼ -0.40 (-2.16%)
PIBTL 10.86 Increased By ▲ 0.50 (4.83%)
POWER 12.26 Decreased By ▼ -0.07 (-0.57%)
PPL 171.28 Increased By ▲ 1.68 (0.99%)
PRL 35.88 Increased By ▲ 0.03 (0.08%)
PTC 23.36 Increased By ▲ 0.27 (1.17%)
SEARL 96.96 Increased By ▲ 0.70 (0.73%)
SSGC 41.71 Increased By ▲ 2.19 (5.54%)
SYM 14.15 Increased By ▲ 0.31 (2.24%)
TELE 7.10 Decreased By ▼ -0.05 (-0.7%)
TPLP 9.96 Decreased By ▼ -0.07 (-0.7%)
TRG 63.89 Increased By ▲ 0.41 (0.65%)
WAVESAPP 10.02 Increased By ▲ 0.03 (0.3%)
WTL 1.33 Increased By ▲ 0.02 (1.53%)
YOUW 3.72 Increased By ▲ 0.06 (1.64%)
BR100 12,447 Increased By 142.3 (1.16%)
BR30 37,919 Increased By 504.1 (1.35%)
KSE100 116,390 Increased By 1536.7 (1.34%)
KSE30 35,696 Increased By 479.1 (1.36%)

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.