Energy efficiency can settle crisis, ensure rapid development: Zahid Hussain

Islamabad, August 05, 2015 (PPI-OT):Energy efficiency can help Pakistan overcome ongoing energy crisis by saving thousands of megawatt of electricity, millions of litres of fuel and around 40 percent natural gas, a business leader said Wednesday. China is consuming double electricity than Japan to produce anything therefore the country has been spending 1.6 trillion dollar to improve energy efficiency while it is being ignored in Pakistan, said President Pakistan Businessmen and Intellectuals Forum (PBIF) and former provincial minister Mian Zahid Hussain. Globally building consume around 48 percent of total power output with share of commercial buildings at 8 percent while in Pakistan buildings consume 55 percent of the total electricity output, he said.

Almost half of the electricity consumed by buildings can be saved for which Pakistan needs to follow conservation laws adopted in EU, he added. Mian Zahid Hussain who is also president of All Karachi Industrial Alliance said that private and state-run power plants are wasting a lot of natural gas which if saved will reduce wastage, electricity tariff, cost of doing business, unemployment and revolutionised energy landscape of the country.

He noted that a lot of industries have installed boilers but the heat emitting from the boilers is being wasted. Replacing these boilers with combined heat and power units can help country save energy worth billions of dollars which will ensure industrial expansion, reduce price of commodities and enable a lot of products to compete in the international market.

Generating electricity with bagasse is three decades old idea as using the dry dusty pulp that remains after juice is extracted from sugar cane or similar plants can be used to forge paper which is more beneficial. He informed that the use of energy has doubled in US in the last 45 years save California where consumption is stagnant despite record development due to energy efficiency which has helped masses, environment, industry, trade, and service sectors. Government should promote energy efficiency in state-run and private institutions, he demanded.

For more information, contact:
Mian Zahid Hussain,
President,
Pakistan Businessmen and Intellectuals Forum (PBIF)
Tel: +92-343-2226888
Tel: +92-300-8233364
Email: ceo@kenlubes.net