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Home Opinion & Editorial Opinion

Looming energy crisis

Sheeraz Sattar by Sheeraz Sattar
August 12, 2022
Reading Time: 2 mins read

Problems for Pakistan seem to be waiting in a row, as the energy crisis are looming over the country due to the Russia-Ukraine war that has disrupted gas supply to Europe and there is a likelihood of a further reduction in supply. This has put pressure on the Gulf sellers, from which is a potential market for Pakistan to cater its energy needs

The forthcoming winter can be disastrous for Pakistan as the country does not have long-term energy management plans. Our policymakers do not realise the crisis we are about to face. Early steps help spread out the efforts over time, ease market concerns and price volatility, and allow for a better design of targeted, cost-effective measures protecting the industry. 

Pakistan is already faced with multidimensional issues because of a lack of storage facilities, no planning, depleting foreign exchange reserves, and the absence of broad-based alternative energy sources. In Europe, traditional energy sources are coal, oil, nuclear and renewable sources but Pakistan is short of everything and has over 220 million consumers. Europe is working on an important pillar of energy saving: the reduction of heating and cooling while the Pakistan Market Share Report indicates that there is over 7.2% growth in usage in the domestic market.

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Unfortunately, both print and electronic media have failed to initiate any productive discussion. Mainstream television channels have not paid any attention to important affairs, our public remains unaware of all other issues besides domestic political tussle. Real problems and real solutions are not a priority, and the result is in front of us.

If we do not provide our audience with the world view, they will keep bickering with each other on political affiliations while the root of the problem will remain intact. Energy, food, and security will remain in the shadows until they become a ghost and stand right in front of us to receive due attention.

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