Pakistan Spends Almost Nothing on Renewable Energy
Pakistan spent more than 90 percent of its $128 billion energy import bill on fossil fuels between FY20 and FY26.
Pakistan spent more than 90 percent of its $128 billion energy import bill on fossil fuels between FY20 and FY26.
Article outline
- What happened
- The key numbers
- The bottom line
Key points
- The fossil fuel category includes crude oil, refined petroleum products, imported coal and liquefied natural gas (LNG).
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- The report points out that although imports of renewable energy equipment have rose considerably since FY20, their total value remains much smaller than fossil fuel imports.
- This spending pattern additionally has implications for Pakistan's foreign exchange reserves.
While renewable energy technologies received around $11 billion, according to the "Renewables First, Pakistan Energy Market Review, 2026" (PEMR26) report, fossil energy imports accounted for approximately $117 billion of the total spending. OGDCL Reports New Gas Discovery in Sindh.
Meanwhile, the fossil fuel category includes crude oil, refined petroleum products, imported coal and liquefied natural gas (LNG). Renewable energy technology imports include solar panels, wind turbines, inverters and lithium-ion batteries.
In practice, the report points out that although imports of renewable energy equipment have rose considerably since FY20, their total value remains much smaller than fossil fuel imports.
This spending pattern additionally has implications for Pakistan's foreign exchange reserves. The country continues to allocate a substantial share of its import spending to fuels that expose it to international commodity rates and supply disruptions. Stay Connected with ProPakistani.
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In short, pakistan Spends Almost Nothing on Renewable Energy is the central thread here, and readers can expect follow-up reporting as the picture becomes clearer.
