DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/b5357b/pakistan_power_rep) has announced the addition of the "Pakistan Power Report Q1 2012" report to their offering.
Pakistan has a potentially varied and rich menu of power options from which to choose. There is vast untapped hydro and renewables capacity available, but it remains to be seen if the investment commitment is available. In the meantime, gas-fired generation should grow steadily, backed up by coal-fuelled power and a modest nuclear reactor programme.
China wants to move forward with plans to provide and finance the construction of two new nuclear reactors in Pakistan. The desire has prompted international concern, owing to Pakistan's non-adherence to the nuclear non-proliferation treaty. China is keen to strengthen relations through power investments, both in the form of hydro schemes and the supply of reactor technology/equipment. If Pakistan can find support for hydro and renewables schemes, it may be able to avoid more nuclear-related controversy.
Key Trends and Recent Developments in the Pakistani Electricity Market Include:
- During 2011-2016, Pakistan's overall power generation is expected to increase by an annual average of 3.98%, reaching 119.7TWh. Driving this growth is an annual 7.00% gain in hydroelectric use and a 4.08% rise in gas-fired generation, offsetting the expected stagnation in oil-fired generation and augmenting a sub-2.00% increase in coal-fired electricity supply.
- A government planning commission has warned that, unless power production capacity is increased by 143GW in a phased manner by 2030, it will not be possible for the country to sustain higher growth rates in the long run. Pakistan is looking for US$8bn of private power project investment to meet its medium-term target.
- Pakistan has huge potential for wind power, with the US government estimating 130GW of wind potential. Pakistan has major hydro-electric potential of an estimated 42GW, but currently boasts only 7.5GW of installed capacity.
Companies Mentioned:
- Water And Power Development Authority (WAPDA)
- Karachi Electric Supply Corporation (KESC)
For more information visit http://www.researchandmarkets.com/research/b5357b/pakistan_power_rep