Pakistan’s Energy Demand Forecasting for Various Sector through Long Range Alternative Planning System
Energy forecasting and policy development needs a detailed evaluation of energy assets and long-term demand estimation. The demand forecast of electricity is an essential portion of energy management, particularly in the formation of electricity. It is necessary to predict electricity needs to avoid the energy deficits or a destabilization between energy demand and supply. In this article, long-range energy alternative planning (LEAP) is used for the modeling of energy and various sectors in Pakistan as a case study. The simulated model comprises three different scenarios, a strong economy, a weak economy, and a medium economy as a reference scenario. The base year is 2015 and the outlook year is 2040. Electricity demands are almost more than four times those of the outlook year, increasing from 7.71 million tons of oil equivalent (MTOE) in 2015 to 29.77 MTOE by the end of 2040.