The cost for economic growth: A study on the energy demand of Pakistan using TIMES

Pakistan is blessed with an abundant stock of indigenous energy resources. Despite the availability of these sources, there is a widening gap between supply and demand. The following paper presents a quantitative and analytical study on the current energy situation of Pakistan, along with a methodology to reduce the gap. The paper emphasizes the urge for a need to use energy models in order to forecast an increase in demand. This can be achieved by using TIMES, a model which shows a detailed relationship between energy commodities and the relevant processes required to achieve those particular commodities. This methodology helps in developing an applicable reference energy system, thereby solving for the least cost energy solution to create a more comprehensive picture of the country´s energy system under varying policies and possibilities. The results will portray future demand projections along with energy marketing strategies necessary to meet growing demand.