Key Highlights

This RF-PRIED study highlights that strategic integration of renewable energy offers substantial future savings for K-Electric. Despite being a vertically integrated utility, K-Electric’s progress on renewable energy was negligible. Key finding of the second case of this study show that K-Electric could have saved up to US $253.03 million in two fiscal years by adding 600 MW of REs in its system. In addition, when local and coal and RLNG are removed as an option for the model, the shares of supply from RE and KE-NGC tie-line increase significantly in the total generation mix. The study highlights that utilizing these abundant renewable resources to generate economical power will not only bring relief to the inflation-stricken consumers but will also help K-Electric to strategically meet its goal of achieving 30% RE by 2030 and on a broader level Pakistan to meet sustainability goals.