Pakistan ready to export its nuclear and hydro expertise

• 13 years ago (2011-01-18)
• Junior Isles

Nuclear 643

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Pakistan is ready to share its expertise and experiences in hydro and nuclear power generation under the International Atomic Energy Agency (IAEA) safeguards, President Asif Ali Zardari has said.

In his speech at the opening ceremony of the fourth World Future Energy Summit (WFES) he said Pakistan is ready to share its experience by offering technical assistance, and cooperation to help developing countries harness these important and carbon neutral sources of energy.

Arguing that energy is synonymous with civilisation, he further said it is the lifeline for economic growth and development.

"The continuing volatility of fuel prices and conventional energy's deep carbon foot print coupled with close nexus between water, energy, and food security has brought energy access and energy security issues into even sharper focus.

Pakistan's energy consumption, on account of a growing population and developing economy is on the rise. Consequently, the nation faces a serious electricity shortfall.

He said luckily Pakistan is blessed with coal reserves of over 200 billion tonnes, which remain virtually untapped.

"We have enormous hydropower potential. We plan to increase the share of hydropower from 33 per cent to 65 per cent in the national energy mix.”

"We are also determined to increase the share of renewables in our energy mix to 6 per cent by 2020” he said.