Experts for learning from global best practices in Variable Renewable Energy sector
For a sustainable energy transition, Pakistan needs to incorporate global best practices in its energy, especially in Variable Renewable Energy sector related policies.
The experts from energy sector said this during the webinar ‘Future directions for VRE deployment in Pakistan— A discussion on the findings of the World Bank’s VRE report ‘jointly organized by Sustainable Development Policy Institute (SDPI) and Pakistan Renewable Energy Coalition (PREC).
The experts on the occasion discussed the prospects of grid integration and locational study conducted by the World Bank for energy sector of Pakistan, and major challenges for revised version of Indicative Generation Capacity Expansion Plan (IGCEP) 2030.
Senior Energy Specialist, The World Bank Oliver Knight, shared various aspects of studies conducted by the World Bank on ‘Variable Renewable Energy Integration and Planning’ and ‘Variable Renewable Energy Locational Study’ with the participants.
Based on the outputs of both reports, Mr Oliver said that the most optimum capacity expansion pathway for Pakistan is through increased expansion of solar and wind capacity as it will decrease the utilization of existing generation facilities which are no longer competitive.
He opined that achieving targets of 30% RE by 2030 would require some investments in transmission capacity of Balochistan.