Energy crisis & its effects on pakistan’s economy

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ENERGY CRISIS & ITS EFFECTS ON PAKISTAN’S ECONOMY

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  1. 1. CONTENTS Introduction Energy consumption Some questions Energy Resources of Pakistan Effect on economy Objective SWOT analysis Recommendations Conclusion
  2. 2. INTRODUCTION An Energy Crisis is any great shortfall in the supply of energy to an economy It usually refers to the shortage of oil, electricity or other natural resources
  3. 3. ENERGY CONSUMPTION Industrial and agricultural purposes Domestic use of the citizens
  4. 4. SOME QUESTIONS Crisis of its history? Reasons? Utilization? Pakistan importing coal? Access to electricity?
  5. 5. ENERGY RESOURCES OF PAKISTAN Energy Type Potential Source Crude Oil 339 million barrels recoverable reserves. Pak Eco Survey 2010-11 Natural Gas 31,266 trillion cubic feet recoverable reserves. Pak Eco Survey 2010-11 Coal 185 billion tones recoverable reserves. Pak Eco Survey 2010-11 Pakistans Conventional Energy Resources Pakistans Renewable Energy Resources 1. Wind Energy 2. Solar Energy 3. Bio-mass & Bio-fuels
  6. 6. Energy crisis badly effects Education Great effect on Industries Effects on Economy Higher electricity prices Effect on agriculture Unemployment increased Effects on economy
  7. 7. IMPACT ON SOCIETY Imported oil and coal and shortage of natural gas increase prices Less agriculture yields Dependent on other countries
  8. 8. OBJECTIVE Use own resources Import electricity from China
  9. 9. SWOT ANALYSIS STRENGTH WEAKNESS Government import and increase taxes to generate revenue. Explorations of more oils, gas and coal reserves Conservation of energy resources Industries destroyed Lack of investor Economy slowdown Recession Unemployment increases
  10. 10. SWOT ANALYSIS OPPORTUNITIES THREATS Increase the number of IPPs (Independent Power Producers). Monopolistic environment Profitable for some business like generator, ups Protest of general public Vulnerabilities leading toward political instability Lack of new projects but just seminars only People buying power decreases
  11. 11. RECOMMENDATIONS To overcome present energy crisis, Pakistan needs to take the following steps in form of: 1. Short Term Plan 2. Medium Term Plan 3. Long Term Plan.
  12. 12. RECOMMENDATIONS 1. Short Term Plan 2. Medium Term Plan 3. Long Term Plan Overhaul the existing poor distribution system Import electricity Government should have strict check
  13. 13. RECOMMENDATIONS 1. Short Term Plan 2. Medium Term Plan 3. Long Term Plan Transformation of existing system Developing and installing solar, wind projects in villages
  14. 14. RECOMMENDATIONS 1. Short Term Plan 2. Medium Term Plan 3. Long Term Plan Installing coal based powerhouses Initiate agreements for mega projects Explorations of more oil, gas and coal reserves
  15. 15. CONCLUSION