Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

MPS Preview: High for Longer

Wind and solar energy production to be doubled by 2022

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November 9, 2018: The priority projects in energy sector under China Pakistan Economic Corridor (CPEC) would help Pakistan optimize the energy structure by reducing dependence on expensive sources of energy such as Gas and Residual Fuel Oil (RFO) and contribution of wind and solar energy in the country's total production would increase from 5% in 2013 to 10% in 2022.

The energy production through domestic coal is expected to increase from 0.14% of total energy production in 2013 to 9.08% in 2022.

The nuclear energy production would also increase from 4% in 2013 to 7% in 2022, whereas in 2022, 12% of total demand of country's energy would be met through use of imported coal while energy production through bagasse would also increase from 1% in 2013 to 2% in 2022.

Hydel production however, is projected to decrease from 33% in 2013 to 25% in 2022.

The seven projects have been installed with capacity of 3240 MW in only three years, since the first energy project groundbreaking ceremony in 2015. These projects accounted for 11% of total electricity generation in Pakistan.

(APP)

Posted on: 2018-11-09T16:51:00+05:00

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