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Renewable energy in Pakistan is a relatively underdeveloped sector; however, in recent years, there has been more and more interest to explore renewable energy resources for the energy production. Around 10.57% of Pakistan’s total installed power generation capacity (in 2020) comes renewables (wind, solar and biogas ). [ 1 ]
Studies and policy implementation recommended by AEDB, Water ministry (as policy enforcer), the NEPRA regulates the energy sources network as well as determining the financial prices of the usage of energy. Government-specific energy-efficiency incentive programs also play a significant role in the overall energy policy of Pakistan.
The Alternative Energy Development Board (AEDB) (Urdu: متبادل توانائی ترقیِ بوڑڈ) was an agency of the Federal Government established in May 2003 with the main objective to facilitate, promote and encourage development of Renewable Energy in Pakistan and with a mission to introduce Alternative and Renewable Energies (AREs) at an accelerated rate.
In 2019, Alternative and Renewable Energy policy was introduced to promote renewable energy in the country and reduce carbon footprint and greenhouse gas emissions. The policy aims to increase share of green energy to 20% by 2025 and 30% by 2030. As of 2022, only 3% of energy sources in Pakistan are renewables.
The World Bank reports that Pakistan possesses a solar power potential of 40 GW and has set a goal to achieve 20% of its electricity from renewable sources by 2025. To promote the use of solar energy, Pakistan has introduced incentives, including net metering and feed-in tariffs. [8]
The Ministry of Energy (Urdu: وزارت توانائی, Trans. Wazarat-e-Tawanai, abbreviated as: MoE) is an executive ministry of the federal Government of Pakistan that is charged with implementation of the national energy policy and energy production and electricity transmission throughout the country.
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National renewable energy markets are projected to continue to grow strongly in the coming decade and beyond. While many renewable energy projects are large-scale, renewable technologies are also suited to rural and remote areas and developing countries, where energy is often crucial in human development. United Nations' Secretary-General Ban ...