Abstract
Energy is the basic ingredient for economic growth and
development [Lorde, et al. (2010)]. Presently demand for energy has
significantly increased due to the overall expansion of economic and
industrial activity in all important economic sectors e.g. industry,
agriculture, and services. In addition to the expansion of economic
activity and subsequent increase in energy demand at industrial level,
population growth and increased consumption are also adding to the
demand for energy [OECD (2011)]. In other words, modern economy has
become highly dependent on energy resources. In order to meet the
increased energy demand and ensure its sustainable supply, there is a
need to have strong and robust plans with all options to consider at
various levels.
Publisher
Pakistan Institute of Development Economics (PIDE)
Subject
Development,Geography, Planning and Development
Cited by
6 articles.
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