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Shams Power: Commercial Rooftop Solar in Pakistan's Industrial Sector

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Shams Power LTD
Shams Power: Commercial Rooftop Solar in Pakistan's Industrial Sector

If you have been considering investing in Commercial Rooftop Solar for your industrial property in Pakistan, you may be wondering how it would affect the industry. While it is an excellent way to contribute to the energy mix, there are also a few challenges that you need to be aware of.

Regulatory and financial challenges

Pakistan is located in the Sun Belt and has significant renewable energy potential. The country has signed the Paris Agreement and is working to increase its share of renewable energy in the power generation mix. However, several barriers to the deployment of renewables in the economy slow down their adoption. In order to de-fossilize the economy and create a more sustainable society, a regulatory framework, and a strong political will are essential.

Pakistan has recently approved an ambitious National Electric Vehicles Policy, which is expected to help the country reach its electric vehicle target of 30 percent by 2030. This policy includes a number of policy measures for the electricity industry, including the installation of DC fast-charging stations at least every 10 kilometers on all motorways.

Pakistan's future energy system will include huge demands across all sectors. It will also become more flexible. To address this challenge, the government has developed a model of its current and future power sector.

Impact on energy demand and supply gap

Pakistan's energy mix is largely dependent on fossil fuels. It has been faced with an energy shortage and a large demand for electricity. This energy deficit is affecting all sectors of the country. To overcome this problem, the country needs to clean and renewable energy sources.

The current energy system in Pakistan is dominated by coal, natural gas and imported oil. This dependence on fossil fuels has led to different environmental hazards.

Pakistan has huge potential for generation of electricity from renewable resources. However, there are several barriers to its implementation. For instance, there are high costs of imported fossil fuels. Also, the current regulatory framework hinders the deployment of renewable energy technologies.

In order to find a cost-optimised pathway for the transition to a fully renewable energy system, an analysis of the current state of the country's power and heat sectors was conducted. The results show a clear trend of increasing energy demand and decreasing levelised cost of energy until 2050.

A contribution to energy mix

Pakistan is suffering from an energy crisis that has affected all sectors of the economy. The situation is getting worse as the electricity demand and supply gap has grown in recent times. This is hampering the country's development. In order to overcome this, Pakistan needs to adopt alternative sources of energy. Solar energy, especially, is an important alternative source of electricity that can help in overcoming the energy crisis in the long run.

Energy demand in Pakistan is increasing by nine percent annually. In order to meet this demand, the government has been investing in power generation facilities. However, these facilities are not adequate. Hence, more commercial organizations are turning to captive solar solutions to address their energy needs.

Besides the obvious, a new policy called the ARE (Alternate Renewable Energy) scheme, has been rolled out by the Government of Pakistan. It aims to have 20-30 percent of all energy from renewable sources by the year 2030.

Economic benefits

Pakistan has enormous potential for renewable energy generation. However, a number of barriers have made it difficult to scale up these technologies. The paper investigates the state of solar energy in the country and makes recommendations to help the government and industry take full advantage of this resource.

There is an increasing demand for electricity in Pakistan. Although fossil fuels are the primary sources of energy, they are not suitable for electrifying rural areas. Hence, the government has set targets for increasing hydropower, wind, and solar energy share. In addition to this, the country has depleting gas resources, which will increase the dependency on imported coal and LNG.

Solar energy is a viable solution for Pakistan in many ways. It can provide economic benefits by providing renewable energy, while also allowing the development of mini-grids. For instance, a solar panel can be installed to cover the rooftop of a small home. This can then be used to light a household or electrify air-conditioning appliances.

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