Utilisation of indigenous resources key to solving energy crisis: Minister
ISLAMABAD, August 16 (INP): “We should focus on all the energy resources that can be produced on our land,” said Minister of State for Petroleum Musadik Masood Malik while taking to Gwadar Pro, adding that utilisation of indigenous resources is the key to solving Pakistan’s energy crisis over the long haul.
According to Gwadar Pro, Pakistan’s energy sector is again hanging in balance due to inefficiencies, burgeoning circular debt, massive dependence on imported fossil fuels, and the rise in global fuel prices. It’s not the first time that Pakistan was stuck in an energy crisis.
“Energy security is essential because the kind of disruption we have seen is a potential threat to our economic well-being. Exploration of the more indigenous and renewable resources is the key to energy security,” pinpointed Pakistan Economic Survey 2021-22.
That remains to be tested, though.
For example, consumers are using solar panels on a small scale without the support of the government, which should allocate funds out of the subsidy allocation in the budget.
Therefore, Musadik Masood Malik explained, the PM constituted a task force on solar energy initiatives with a vision to promote sustainable and green energy. Members of the task force included officials from different ministries and departments.
“If solar is installed on every roof, those who suffer from heat and load shedding can generate their own electricity at least for the whole day; and if some surplus electricity is generated, they can sell it to the grid,” Musadik Masood Malik further suggested.
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