Proactive policies a must to encourage energy conservation

6 months ago 51

The government should focus on formulating such national policies that would not only encourage energy efficiency but also facilitate the affordability for the customers, a statement said.This was the gist of a discussion at a webinar on “Energy Conservation”, organised by K-Electric as part of a series of webinars, organized by Nutshell Communications on the Future of Energy (FoE). The discussion highlighted the prevailing challenges the power sector is confronted with and their solution.

The main objective of these webinars is to dissect the current challenges of the energy sector and emphasized on the immense potential for growth and innovation. Afia Malik, a senior research economist at the Pakistan Institute of Development Economics (PIDE) moderated the session.AsadMehmood deliberated on the need for standardization of consumer-end products and ensure that the Minimum Efficiency Performance Standards (MEPS) are met. Amer Zia said that energy efficient products are essential for the people.

“For most people earning close to minimum wage, the concern would not be about conserving energy but the cost of it. Therefore, standardization is essential, while ensuring that the products are cost effective at the same time,” he added.Experts, including FerozeBaig, director industry, NEECA; AsadMehmood, energy efficiency and renewable energy expert at the National and International Organizations; Amer Zia, advisor to CEO, K-Electric; and Dr. NaveedArshad, associate professor and director of the National Center in Big Data and Cloud Computing (NCBC), Lahore University of Management Sciences (LUMS) were present on the occasion.