Economic analysis of the production of electricity generation and fuel oil from different renewable resources in Pakistan

Abstract

Pakistan is in the list of those countries which are facing huge energy crisis chronologically. Capacity of electricity generation from main resources is declining due to improper maintenance. Conventional resources are also depleting with the passage of time causing increase in cost of power generation. Keeping in view ofthese issues, other renewable resources ofpower generation should be taken into consideration. Pakistan is an agricultural land therefore, it is rich in some of the renewable resources of energy like biomass e.g., rice husk, wheat straw and domestic plastic waste that can be utilised to produce power by application ofcertain available technologies. Similarly, use ofplastic waste to produce diesel is increasing day by day and its disposal is going to be a great challenge in future. This research is basically an economic review focusing on the cheap cost of electricity and diesel i f above mentioned renewable resources are utilised.