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Prioritization Of Renewable Solar Energy To Prevent Energy Insecurity: An Integrated Role

Author

Listed:
  • ROBINA IRAM

    (School of Finance and Economics, Jiangsu University, Zhenjiang 212013, P. R. China)

  • MUHAMMAD KHALID ANSER

    (Xi’an University of Architecture and Technology, P. R. China)

  • REHMAT ULLAH AWAN

    (Department of Economics, University of Sargodha, Pakistan)

  • AMJAD ALI

    (Knowledge Unit of Business, Economics, Accountancy and Commerce, University of Management and Technology, Sialkot, Pakistan)

  • QAISER ABBAS

    (Department of Economics, Ghazi University, D. G. Khan, Pakistan)

  • IMRAN SHARIF CHAUDHRY

    (School of Economics, Bahauddin Zakariya University, Multan, 60800 Punjab, Pakistan)

Abstract

Renewable energy decreases the threat of energy insecurity. Solar energy systems are proving to be an easy and cheaper solution to energy crisis worldwide. Developing countries including Pakistan have augmented efforts to boost the current solar capacity. The identification of desired solar power point plant fabrication requires robust analysis of several factors. Adequate research has not been done on the site selection process for solar projects in Pakistan. This study identifies and proposes multiple point states having solar energy potential. Based on the multiple main and sub-criteria obtained from the literature, a mathematical formulation has been used to install the solar projects at rural areas of Pakistan. An empirical assessment of the off-grid rural solar power projects in Pakistan has also been conducted in this case study. The results reveal that mass, money supply and ratio are important, while the transmission on the matrix, the cost of land and the sun were generated. The study found the district of Barkhan (R2) of Baluchistan to be the most ideal site, followed by Jacobabad (R3) and Mastung (R3). With respect to economic viability, this study found that solar energy systems provide electricity which is much cheaper than conventional energy supplied in the country. This study could be useful reference for South Asian countries including India, Bangladesh, and Afghanistan, which are currently electrifying remote and rural areas through solar energy system.

Suggested Citation

  • Robina Iram & Muhammad Khalid Anser & Rehmat Ullah Awan & Amjad Ali & Qaiser Abbas & Imran Sharif Chaudhry, 2021. "Prioritization Of Renewable Solar Energy To Prevent Energy Insecurity: An Integrated Role," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 66(02), pages 391-412, March.
    • Handle: RePEc:wsi:serxxx:v:66:y:2021:i:02:n:s021759082043002x
    DOI: 10.1142/S021759082043002X
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    Citations

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    Cited by:

    1. Sandipa Bhattacharya & Mitali Sarkar & Biswajit Sarkar & Lakshmi Thangavelu, 2023. "Exploring Sustainability and Economic Growth through Generation of Renewable Energy with Respect to the Dynamical Environment," Mathematics, MDPI, vol. 11(19), pages 1-22, September.
    2. Arun Kumar & Mrinalini Pandey, 2023. "Social Media and Impact of Altruistic Motivation, Egoistic Motivation, Subjective Norms, and EWOM toward Green Consumption Behavior: An Empirical Investigation," Sustainability, MDPI, vol. 15(5), pages 1-16, February.
    3. Qaisar Shahzad & Kentaka Aruga, 2023. "Does the Environmental Kuznets Curve Hold for Coal Consumption? Evidence from South and East Asian Countries," Sustainability, MDPI, vol. 15(6), pages 1-17, March.
    4. Chen, Kun & Bian, Rui, 2023. "Green financing and renewable resources for China's sustainable growth: Assessing macroeconomic industry impact," Resources Policy, Elsevier, vol. 85(PA).
    5. Razmjoo, Armin & Mirjalili, Seyedali & Aliehyaei, Mehdi & Østergaard, Poul Alberg & Ahmadi, Abolfazl & Majidi Nezhad, Meysam, 2022. "Development of smart energy systems for communities: technologies, policies and applications," Energy, Elsevier, vol. 248(C).
    6. Muntasir Murshed & Uzma Khan & Aarif Mohammad Khan & Ilhan Ozturk, 2023. "Can energy productivity gains harness the carbon dioxide‐inhibiting agenda of the Next 11 countries? Implications for achieving sustainable development," Sustainable Development, John Wiley & Sons, Ltd., vol. 31(1), pages 307-320, February.

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