Pak Energy Planning Defies World Energy Outlook

Byline: SHAMSUL GHANI World electricity generation is projected to increase by 87 percent during 2007 and 2035 -from 18.77 trillion kilowatt hours to 35.18 trillion kilowatt hours - according to a study released by EIA, US. Coal is going to be the largest contributor to power generation followed by renewable sources, natural gas and nuclear energy. The use of oil as power generation source is on a steady decline after the oil shock of 1970s and coal, despite its environment-unfriendly character, is seen as the major source of electricity. The price sensitiveness of oil and the most erratic price pattern witnessed during the last few decades has caused the world to reduce dependence on this highly volatile factor of production.