
#Energy #independence #Political #Economy
Armani, a developed country, recently began transfer of coal as part of its energy strategy, mainly due to concerns over the protection of energy protection between the barriers to global supply in the context of geographical political tensions due to the Russian-Ukraine conflict. Although renewable energy sources are being developed, coal is considered necessary to maintain a stable base load, ensuring that the demand for electricity is permanently met, especially during the low renewable production periods. Depending on coal highlights its role as a reliable source of energy, which provides the necessary backups to support the transfer to a more sustainable energy system.
Another example of this is the Fukushima nuclear destruction in Japan, which has resulted in the country increasing its dependence on coal to replace nuclear energy. Japan has been slow to eliminate coal due to its energy safety needs. The devastation of Fukushima occurred on March 11, 2011, when a massive earthquake and tsunami targeted Japan, causing a malfunction in the Fukushima Diochi nuclear power plant. Earthquake and tsunami damage resulted in the failure of the cooling system in three reactors, resulting in explosions, radiation leakage and pollution in nearby areas. This is considered to be the most important nuclear event since Chenobal in 1986 as it has given rise to mass evacuation and long -term environmental damage. It also forced many countries to revise their nuclear energy policies.
On the other hand, India is on the way to eliminating its coal reserves in recent decades in view of complete consumption for fuel production. Nevertheless, by 2024, India’s coal use for power generation is significant. Estimates suggest that by 2026 coal will make about 68 68 % of India’s power generation, which has decreased from 74 % in 2023 to a slight. Despite the country’s commitment to achieve net zero emissions by 2070, the demand for increasing electricity at 2023 is expected to increase.
In Pakistan, the majority of coal -fired power plants are using sub -critical or highly critical technology. Currently, only two coal -based power plants use the most important technology that represents significant progress in coal power generation performance and environmental performance. These include Lucky Electric Power Company, which has a capacity of 660 MW and has a 39 % performance, and Sahiwal is also known as Huaning Shandong Roy, which is also proud of a capacity of 1,320 MW and 40 % performance. Restricting modern technology has highlighted the need for improvement in the country’s coal power generation capabilities.
A white thesis published by Energy in the Nost US-Pakistan Center for Advanced Studies, titled Energy, Transfer of Local Coal to Acquisine Energy Safety in Pakistan: Opportunities and Challenges, Pakistan highlights its own coal reserves, which can be used to tackle energy challenges. Experts have long been discussed in favor of local coal than imported coal, highlighting the need for energy safety and stability. In connection with this transition, the start of this white paper, in collaboration with facts data, endorsed the points of these debates.
The use of local coal can not only ensure stable and reliable base load supply, but can also support the development of domestic industries and jobs in coal mining areas.
Thar has more than 175 billion tonnes of linite reserves in Thar, which is the largest in the world. According to the White Paper, these reservoirs are estimated that it will produce 100,000 MW power for 200 years, which provides reliable and cost -effective energy source. Using this means can greatly reduce the cost of fuel imports of the country while ensuring the essential base load of the energy system. The cost of power generated from indigenous coal is quite low, which costs half the cost of using imported coal. Prioritize a maximum energy mixture that connects indigenous fuel sources in the best interest of the country.
Many coal -fired power plants in Pakistan have a heavy reliance on imported coal with a collective installed capacity of 8,580 MW. These super -critical power plants are designed to use 100 % sub -buttomens coal with a 30 % moisture level range. The Thar Coal Plant can provide 20 % mixture of boilers without violating the world standard. The point is that other plants are fully operated on local coal, imported coal users can also make partial transfer of home -based coal.
It is expected that Thar coal energy costs are expected to decrease as the scale economies are felt with the expansion of Thar coal blocks. As a result, it is very likely that the price will decrease further.
Reports have been received about converting a Jamshoro coal -fired power plant to local coal. This transition is very important for Pakistan’s energy tolerance and security. Efforts to change local coal for Karachi Electric consumers are noteworthy. Along with other benefits, the project will have an overall economic benefit of more than $ 2 billion. This transition is expected to significantly increase the country’s economic outlook by reducing energy costs and increasing energy safety.
This change is in line with the government’s strategy to reduce dependence on fuel imports, which has been a growing concern between rising global energy prices. The use of local coal not only ensures the supply of a stable and reliable base load, but also supports the development and employment opportunities of domestic industries, especially in Thar, in Thar, especially in Thar, where sufficient reserves are not widely used.
The change of Jamshoro plant and possibly other coal -fired power plants represents an important step towards increasing energy and increasing independence in Pakistan. It has a total savings of $ 800 million on an annual basis, which reduces electricity prices to Rs 3 per unit.
Mohammad Farid Alam is the Chief Executive Officer at AKD Securities Limited.