Renewable Energy Option for Socio-Economic Development in Pakistan

Abstract

An uninterrupted supply and easy access to energy are necessary for the economic and social development of a country. It can only be possible by careful management of available energy and including the increased share of clean, renewable energy (RE) in the overall energy supply. A substantial reduction in the use of fossil fuel can also help to mitigate the global environmental effects. Pakistan has been suffering from a severe energy crisis for the last many years that has badly affected its industrial sector, and consequently, a substantial reduction of economic growth is witnessed in the country. This paper explores the alternative opportunities of energy supply in Pakistan by highlighting the available potential of nonfossil energy resources. It also highlights the present scenario and prospects of RE adoption in the country that will help for socioeconomic development in the country.