Pakistan to revamp energy planning on Chinese model

PESHAWAR: Pakistan is poised to overhaul its energy planning strategy, drawing lessons from China’s successful National Development and Reform Commission (NDRC).

Experts warn against unrealistic goals and advocate for a data-driven, strategic approach focused on efficiency, security, and sustainability.

Dr. Shahid, a key figure in the Ministry of Planning, Development, and Special Initiatives, emphasizes the need to transition from “wishful thinking” to a fact-based approach. He criticizes past five-year plans for lacking concrete action and proposes a paradigm shift inspired by China’s NDRC, known for its robust macroeconomic management and strategic planning.

Dr. Shahid urges Pakistan to move away from the “ostrich phenomenon” – burying its head in the sand rather than confronting challenges. He calls for well-defined goals and timely decisions, with the upcoming 13th Five-Year Plan (2024-2029) serving as a turning point.

The new plan focuses on several key objectives:

Aggressive energy conservation: A 2% annual improvement in energy efficiency by 2029.

Reduced import dependency: Diversifying energy import sources and forging strategic partnerships.

Geo-economic security: Utilizing regional cooperation and “5+5 year revolving planning” to enhance economic stability.

Sustainable energy mix: Achieving 60% renewable energy by 2030 through targeted investments and fuel sourcing strategies.

Deregulation in oil and gas: Eliminating monopolies and fostering competition in the import infrastructure.

While drawing inspiration from China’s approach, experts caution against simply replicating its model. Pakistan’s unique challenges and resource mix require a tailored strategy that meets its specific needs and aspirations.

Dr. Shahid concludes with a powerful message: “The time for change is now. The future of Pakistan’s energy landscape hinges on decisive action and strategic planning.” By embracing a data-driven, forward-thinking approach, Pakistan can ensure a more secure, efficient, and sustainable energy future for its citizens.

Aziz Buneri
Aziz Buneri
Author is a senior journalist and working in the field of journalism since 2004. He covers Financial, Social, Political and regional issues for Pakistan today and Profit. He can reached at [email protected]

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