Sustainable Economic Strategies for Corporate CEOs: AI-Driven Leadership in Driving Innovation, Growth, Safety, Sustainability, and Climate Change Resilience to Save Lives and Our Planet -A Comprehensive Comparative Policy Analysis on Unlocking Pakistan's Geothermal Potential

Author:

Aun Ali Syed Muhammad1,Zaidi Syeda Fardees1,Louis Clifford2,Anjum Muntaha1,Ali Syed Imran1,Haneef Javed1,Lalji Shaine Muhammadali1,Ahmed Shabeer3

Affiliation:

1. Department of Petroleum Engineering, NED University of Engineering & Technology, Karachi, Pakistan

2. Weatherford Oil Tools

3. Oil and Gas Development Company, OGDCL, Islamabad, Pakistan

Abstract

Abstract This research investigates pressing need for sustainable practices, and examines the current state of geothermal energy development in Pakistan, despite its significant untapped potential. Through comparative analysis of policies and regulations prevalent in geothermal-rich nations like Iceland, the United States, and Kenya, valuable insights emerge. These insights can provide a roadmap for promoting geothermal energy growth within Pakistan. Furthermore, the paper discusses about sustainable economic strategies tailored for corporate CEOs, centered around AI-driven leadership. It also illuminates the potential of artificial intelligence in steering innovation, promoting growth, enhancing safety measures, ensuring sustainability, and fortifying climate change resilience. By harnessing AI's capabilities, corporate leaders can play a pivotal role in safeguarding lives and the planet. In addition the research addresses upon utilizing a comparative policy analysis methodology. The study evaluates institutional frameworks and arrangements of leading geothermal nations. By identifying challenges and opportunities specific to geothermal energy advancement in Pakistan, the research suggests strategic steps for progress. These include the formulation of regulatory frameworks, provision of investor incentives, and support for research and development. The study's outcomes contribute to energy security and sustainability, while its innovative perspective serves as a benchmark for Pakistan's geothermal initiatives. Moreover, these findings extend to other countries aspiring to harness their own geothermal resources.

Publisher

SPE

Reference32 articles.

1. Geothermal barriers, policies, and economics in Chile – Lessons for the Andes;Sanchez-Alfaro;Renewable and Sustainable Energy Reviews,2015

2. Geothermal Energy Technology and current status: An Overview;Barbier;Renewable and Sustainable Energy Reviews,2002

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