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Thursday November 21, 2024

Coal to the rescue

By Desk News
November 10, 2024
Coal to the rescue

The gasification of Thar coal presents an opportunity to significantly cut gas costs, reducing the current price from $20 per metric million British thermal units (MMBtu) to just $8 per MMBTU. This transition would not only make gas more affordable but also provide a stable and reliable energy source for Pakistan. Laboratory tests have demonstrated that Thar coal is highly suitable for gasification. It can be effectively utilised across various industrial sectors, including fertilisers, steel, and liquid fuels. While over $5 trillion has been invested globally in research for transitioning to carbon-free energy, there is a growing realisation that affordable, indigenous fuels are necessary to meet the baseload requirements of any country.

Given the seasonal variations in renewable energy sources, they alone cannot guarantee a continuous and steady supply of electricity for Pakistan. Countries like India and China are already advancing in coal gasification as the focus shifts towards a balanced approach to energy transition. By prioritising the gasification of Thar coal, Pakistan can enhance its energy security, reduce dependence on costly imports, and offer a more affordable energy solution for the nation.

Usama Ghulam Rasool

Karachi