A Computable General Equilibrium (CGE) Approach for Linking Energy Security and Primary Energy Supply Reduction Targets in Pakistan
Javed Anwar, Hidayat Ullah KhanThis study examines the effects of reducing primary energy supply by 5%, 10%, and 15% through policy interventions from 2005 to 2050 on energy resource diversification, energy and oil import dependency, environmental emissions and energy security in Pakistan. Applying a CGE framework, the study finds that policy scenarios lead to decrease in cumulative primary energy supply, a rise in renewable energy, and a drop in greenhouse gas emissions. The results also show improved energy security, with a reduction in net energy import dependency, a decrease in net oil import dependency and a increase in energy resource diversification. These findings suggest that setting primary energy supply reduction targets could strengthen energy security in Pakistan.