Energy Optimization in China-Pakistan Economic Corridor

Abstract

Technical evaluation is placed at low levels of the political architecture in energy
decision making. China-Pakistan Economic Corridor (CPEC), an investment of $62
billion fixes $34 billion for energy. For Pakistan, the formulation and implementation of
policies for energy generation, in itself, is a controversial issue. When CPEC was started,
Pakistan was confronted with 6,000 to 7,000MW of demand and supply gap. This
shortfall posed $5.8 billion or 2.6% GDP loss in a year. The paper explores the
relationship between CPEC-energy and the mitigation of causes of energy scarcity in
Pakistan. It tries to find out the type of need of the managers have that CPEC-energy
could address to reduce the energy scarcity in Pakistan to enhance the quality of life. On
the bases of efficient energy transmission and low-cost energy, the paper suggests the
CPEC-energy can be the best market competitive energy available. This study is a
contribution to monitoring and assessment knowledge of CPEC-energy to mitigate the
energy scarcity in Pakistan.