Abstract
High demand of energy for increasing economic growth, inadequate resources, pollution from power generation, inconsistent oil prices, and fickle supplies have triggered governments to develop long-term and secure energy sources. Alternative and renewable energy sources are an anticipation of securing long term, clean, and sustainable future of energy. This paper presents the current energy scenario of Pakistan, the share of renewables, analysis of alternative and renewable energy governance, barriers and opportunities for Pakistan in adopting alternative and renewable energy. It highlights development potential for alternative and renewable energy and issues related to energy governance to achieve the target of 5% share in the energy mix by 2030. The results indicated substantial gaps in alternative and renewable energy policy which is likely to freak the benefits of opportunities and government targets. The findings of this article identified the lack of mechanism to cooperate, poor integration of alternative and renewable energy technologies, underprivileged domestic manufacturing, no portfolio standards for bioenergy, and the dearth of research and development. Additionally, the study had furnished the barriers and opportunities in detail for endowment of alternative and renewable energy resources to assure sustainable energy security of Pakistan.
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