energy crisis and its effect on pakistan's economy
M Hassan Shafiq L1F11MBAM1160Akmal Shehzad L1F11MBAM2127Khubaib Mehmood L1F11MBAM0186
Contents Introduction Energy consumption Some questions Energy Resources of Pakistan Effect on economy Objective SWOT analysis Recommendations Conclusion
IntroductionAn Energy Crisis is any great shortfall in the supply of energy to an economyIt usually refers to the shortage of oil, electricity or other natural resources
Energy consumptionIndustrial and agriculturalpurposes Domestic use of the citizens
Some questionsCrisis of its history?Reasons?Utilization? Pakistan importing coal? Access to electricity?
Energy resources of Pakistan Pakistan’s Conventional Energy Resources Energy Type Potential SourceCrude Oil 339 million barrels recoverable reserves. Pak Eco Survey 2010-11Natural Gas 31,266 trillion cubic feet recoverable reserves. Pak Eco Survey 2010-11Coal 185 billion tones recoverable reserves. Pak Eco Survey 2010-11 Pakistan’s Renewable Energy Resources 1. Wind Energy 2. Solar Energy 3. Bio-mass & Bio-fuels
Effects on economy Energy crisis badly effects Education Great effect on Industries Effects on Economy Higher electricity prices Effect on agriculture Unemployment increased
Impact on societyImported oil and coal and shortage of natural gas increase pricesLess agriculture yieldsDependent on other countries
Objective Use own resources Import electricity from China
SWOT AnalysisStrength Weakness Government import and Industries destroyed increase taxes to generate revenue. Lack of investor Economy slowdown Explorations of more oils, gas and coal reserves Recession Unemployment increases Conservation of energy resources
SWOT AnalysisOpportunities Threats Increase the number of IPPs Protest of general public (Independent Power Producers). Vulnerabilities leading toward political instability Monopolistic environment Lack of new projects but just seminars only Profitable for some business like generator, ups People buying power decreases
Recommendations To overcome present energy crisis, Pakistan needs to take the following steps in form of:1. Short Term Plan2. Medium Term Plan3. Long Term Plan.
Recommendations Overhaul the existing1. Short Term Plan poor distribution system2. Medium Term Plan Import electricity3. Long Term Plan Government should have strict check
Recommendations Transformation of1. Short Term Plan existing system2. Medium Term Plan Developing and3. Long Term Plan installing solar, wind projects in villages
Recommendations Installing coal based1. Short Term Plan powerhouses2. Medium Term Plan Initiate agreements for3. Long Term Plan mega projects Explorations of more oil, gas and coal reserves