Energy is considered to be life line of any economy and most vital instrument of socioeconomic development of a country. Energy is pivotal in running machinery in factories and industrial units, for lighting our cities and powering our vehicles etc.
An energy crisis is any great shortfall in the supply of energy resources to an economy. It usually refers to the shortage of oil and additionally to electricity or other natural resources.The crisis often has effects on the rest of the economy, In particular, the production costs of electricity rise, which raises manufacturing costs.
There has been an enormous increase in the demand of energy as a result of industrial development and population growth, in comparison to enhancement in energy production.
Some experts argue that the world is heading towards a global energy crisis due to a decline in the availability of cheap resources Whatever resources are available are simply too expensive to buy.Many industries have been closed due to insufficient power supply.
The above is a likely scenario of Pakistan and around the globe after 25 years. Electricity Crisis in Pakistan is one of the severe challenges the country is facing today. Pakistan is currently facing upto 18 hours of electricity shortage a day. The problem becomes more severe in summers. Those without generators and UPS faced tremendous problems. On a personal note, at my home in Karachi I don’t have electricity for up to four hours a da. Almost two years ago WAPDA admitted that it cannot meet the current demand for electricity.
Pakistan has world’s seven largest reserves of coal. These reserves are still untouched due to lack of technique in coal mining. Similarly solar and wind energy have a lot of potential to generate electricity. Pakistan has only two nuclearplants to generate electricity.
What is the government doing to ensure a sustainable supply of energy resources for economic growth? When will the nation have.
Cite this Energy Crisis In Pakistan Essay
Energy Crisis In Pakistan Essay. (2018, Aug 30). Retrieved from https://graduateway.com/energy-crisis-in-pakistan-essay/