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Essay / Resolving Energy Crises in Pakistan - 887
Energy has become an important prerequisite for the economic development of any country. On the one hand, it is used for industrial and agricultural purposes and, on the other hand, it is necessary for the domestic use of citizens. An energy crisis is considered a lack or deficit in the supply of energy resources to an economy. It generally refers to the shortage of oil and electricity or other natural resources like coal or gas. This crisis often has adverse effects on the rest of the economy, leading to numerous recessions, including rising production costs due to increased electricity tariffs. For the consumer, the price of petroleum products such as gasoline and diesel for cars and other vehicles is increasing, leading to lower consumer confidence and spending, higher transportation costs, and a general rise in prices. price. Pakistan is currently facing a severe energy crisis and despite strong economic growth over the past decade and the resulting growing demand for energy, no significant steps have been taken to install new power generation capacity. production of the necessary resources. Today, demand exceeds supply and “load shedding,” so to speak, is a common phenomenon due to frequent power outages. Sleepless nights caused by load shedding and disrupted daily routines still haunt people as the weather turns hot. The situation has not improved for three years; in fact, all signs point to the situation getting worse. In this context, the media also reported tragic deaths due to heatstroke and dehydration. This also leads to the forced closure of operations of thousands of industries in winter, affecting industrial production and the livelihoods of thousands of families.Middle of paper......research centers and research centers are also a viable option. The choice is between using air conditioners for only a certain amount of time and then going without electricity during the peak summer months, or avoiding them and other gadgets but having 24-hour electricity to meet the basic needs of households. Needless to say, if the country wishes to continue its economic development and improve the quality of life of its population, it must make serious efforts to develop a coherent energy strategy. In my opinion, the recommendations presented are practical and a step forward. If implemented, they can not only avoid the collapse of a bankrupt energy infrastructure but also ensure certain progress. The bottom line is that, to safely navigate the current energy crisis; the nation must distinguish between its needs and its luxuries, at least for a few years.