Pak-German renewable energy forum to be initiated soon
ISLAMABAD: Ambassador of Germany to Pakistan Ina Lepel on Saturday said Pak-German Renewable Energy Forum (REF) would be initiated to assist bring together and connect Pakistani-German actors from public and private sectors of renewable energy and energy efficiency (RE&EE).
Speaking at the 5th International Exhibition and Conference on Renewable Energy and Energy Efficiency, she said the German Development Cooperation had been engaged in RE&EE since 1962, the very beginning of Pakistan-German Development Cooperation.
“Our objective is to support sustainable electricity supply in Pakistan and to help improve the efficient use of energy,” she added.
The ambassador said besides financial and technical cooperation in the sector, reaching from the construction of hydropower plants to support to the energy sector reform and policy, our goal was to leverage the potential for business in the area of RE&EE that existed in both countries.
She said Pakistan has large potential for sustainable economic and social development due to its geographical realities as a trade corridor, its agricultural and human resources and its potential as a competitive exporter of goods in high demand within the region and beyond.
The ambassador said Pakistan’s potential in terms of RE was even bigger than that of Germany, adding that Pakistan has more wind corridors, more photovoltaic potential and also exceptional opportunities for hydropower.
She said there were ample possibilities to engage business, which would create employment and income and would contribute to Pakistan’s economic development. Ina Lepel said next to the private sector, development partners could also play a pivotal role, especially by providing expertise and specific technologies in order to provide a boost for the sector of RE&EE.
Alternative Energy Development Board Chief Executive Officer (CEO) Amjad Ali Awan said Pakistan RE sector has tremendous response from international market and mapping of solar and wind potential was in progress while biomass mapping had already been completed.
He said efforts were being made to enhance RE share up 35 percent of energy mix in order to ensure energy security, adding that Pakistan has over 40,000MW potential only in Karachi-Keti Bandar Wind corridor.
The same areas were also gifted by solar energy, he said, adding that ADEB has set a target to generate some over 3,000MW electricity from RE.
Air University Dean Dr Zafarullah Koreshi said there was a need of hour to promote RE. “Some over 40,000-50,000MW electricity could be generated from hydel resources,” he added.