March 16, 2014

Energy Crisis in Pakistan

Essay : [Energy Crisis in Pakistan]

English Essay on "Energy Crisis in Pakistan"

Energy Crisis in Pakistan

For many people, aware of the man's growing dependence on fuel as a source of energy had to change their view points in 1973. When OPEC (Oil and Petroleum Exporting Countries) halted their supply of oil, though commonly it is known as Oil shock, but it helped coining a new phrase called Energy Crisis.
It was after this energy crisis that people of the world began to look up for an alternate source of Energy. In order to fulfill their needs besides the commonly known factors of energy production.
Thus energy, defined as an ability to do work can, turn into energy crisis whence there is no ability to do work.
There are several natural elements by dint of which energy is derived. These elements can be numbered such as (1) coal (2) oil (3) gas. These natural resources are put up to obtain other forms of energy for example electricity.4essay.blogspot.com
Pakistan is suffering from acute shortage of electricity. Frequent load shedding, a rapid increase in the price per unit of electricity, and political deadlocks have turned this situation into a nightmare for a common man,
Corruption is the foremost element, nepotism and red tapism IS an established fact of the authority concerned. A part from this revenue is being transferred in the pockets of officials instead of adding to the national exchequer.
Political instability and deadlocks are another example of why we don't come out of this vicious circle.(4essay.blogspot.com) The concerned authority has forwarded many proposals for the further generation of electricity as to meet the requirements, yet due to this instability factor, Government has been unable to take concrete steps, living example of political deadlock is the famous Kalabagh Dam. It is expected that Kalabagh Dam would produce 2400 mw electricity with enhancing capacity to 3600 mw though it is going to cost staggering amount but still this dam is a solution to many problems. If it had been constructed, there would have been no load-shedding at all, considering the fact that it is not a panacea.
An ironical example is that though, government has embarked on massive advertisements to save energy on the electronic media, carrying the message in one way or the other but, take a round of the city and one would find that the street lights are on, twenty four hour a day. There is no one to switch them off in the morning and do vice versa in the evening.
In total there are some nine (9) projects approved by the government to meet the requirements excluding Kalabagh Dam but including an agreement with a central Asian Republic Tajikistan, to sell Pakistan 1000 MW electricity, though it has not yet materialized due to some political reasons, yet it is expected that the deal would wrap up within this year.
Apart from purchasing it from foreign countries, the Government has also under taken a research to buy electricity from the local generators and the research has declared that the government can purchase at least 200 MW of surplus energy from the local producers.
Besides these projects which are yet to materialize, Govt. has also undertaken two major projects one at Ghazi Brotha with a capacity of 1425 MW hydel electricity and the other of HuIs, a thermal project with expected capacity of 1292 MW. Both these projects have been undertaken with the help of private investors.
The government policy is to introduce private investment in the energy sector as well. Though it is not going to be a complete transformation of Water and Power Development Authority to the private investor instead government has decided to take this privatization in different phases. It has further decided to privatize only thermal power stations to the private sector.
First of all there are chances that there is going to be an increase in the price. There is only one markup on the WAPDA's bill but once WAPDA is going to purchase, the vendor will keep a markup, similarly WAPDA will keep a markup and thirdly the distributor will attach the string of markup. These three markups might result in a drastic increase in the price per unit.
Secondly there are several loans, both external and internal attached to these stations. If government keep the responsibility of these loans, it would again go into a disadvantage, thirdly some Provinces are raising hue and cry over this privatization policy since WAPDA is their major source of revenue (NWFP get 84% of its budget from WAPDA's revenue) The developing country like Pakistan should not only work on the natural resources like oil, coal and gas to fulfill its requirements, but it should also take advantage of the latest scientific research and discoveries. As we understand the solar energy is also manifested with the same destiny. Pakistan Government could encourage private investors to invest in this form of energies.

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