A Computable General Equilibrium (CGE) Approach for Linking Energy Security and Primary Energy Supply Reduction Targets in Pakistan
This study examines the effects of reducing primary energy supply by 5%, 10%, and 15% through policy interventions from 2005 to 2050 on energy resource diversification, energy and oil import dependency, environmental emissions and energy security in Pakistan. Applying a CGE framework, the study finds that policy scenarios lead to decrease in cumulative primary energy supply, a rise in renewable energy, and a drop in greenhouse gas emissions. The results also show improved energy security, with a reduction in net energy import dependency, a decrease in net oil import dependency and a increase in energy resource diversification. These findings suggest that setting primary energy supply reduction targets could strengthen energy security in Pakistan.
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Primary Energy Supply Reduction Targets, Energy Security, Computable General Equilibrium (CGE) Modelling, Pakistan
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(1) Javed Anwar
Ph.D Scholar/Lecturer, Department of Economics, National University of Modern Languages (NUML), Islamabad, Pakistan.
(2) Hidayat Ullah Khan
Head/Associate Professor, Department of Economics, National University of Modern Languages (NUML), Islamabad, Pakistan.
Cite this article
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APA : Anwar, J., & Khan, H. U. (2024). A Computable General Equilibrium (CGE) Approach for Linking Energy Security and Primary Energy Supply Reduction Targets in Pakistan. Global Economics Review, IX(III), 74-88. https://doi.org/10.31703/ger.2024(IX-III).06
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CHICAGO : Anwar, Javed, and Hidayat Ullah Khan. 2024. "A Computable General Equilibrium (CGE) Approach for Linking Energy Security and Primary Energy Supply Reduction Targets in Pakistan." Global Economics Review, IX (III): 74-88 doi: 10.31703/ger.2024(IX-III).06
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HARVARD : ANWAR, J. & KHAN, H. U. 2024. A Computable General Equilibrium (CGE) Approach for Linking Energy Security and Primary Energy Supply Reduction Targets in Pakistan. Global Economics Review, IX, 74-88.
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MHRA : Anwar, Javed, and Hidayat Ullah Khan. 2024. "A Computable General Equilibrium (CGE) Approach for Linking Energy Security and Primary Energy Supply Reduction Targets in Pakistan." Global Economics Review, IX: 74-88
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MLA : Anwar, Javed, and Hidayat Ullah Khan. "A Computable General Equilibrium (CGE) Approach for Linking Energy Security and Primary Energy Supply Reduction Targets in Pakistan." Global Economics Review, IX.III (2024): 74-88 Print.
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OXFORD : Anwar, Javed and Khan, Hidayat Ullah (2024), "A Computable General Equilibrium (CGE) Approach for Linking Energy Security and Primary Energy Supply Reduction Targets in Pakistan", Global Economics Review, IX (III), 74-88
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TURABIAN : Anwar, Javed, and Hidayat Ullah Khan. "A Computable General Equilibrium (CGE) Approach for Linking Energy Security and Primary Energy Supply Reduction Targets in Pakistan." Global Economics Review IX, no. III (2024): 74-88. https://doi.org/10.31703/ger.2024(IX-III).06