A comparison of renewable and sustainable energy sector of the South Asian countries: An application of SWOT methodology

Imran Qaiser

Renewable Energy, 2022, vol. 181, issue C, 417-425

Abstract: Over the years, Governments of South Asia have faced the challenge of achieving the goal of sustainable development. On the one hand, they must satisfy the ever-growing demand for energy and, on the other hand, the interminable deterioration of the environment is causing great concern among political economists. The widening gap between the demand and supply of energy, over-reliance on the use of fossil fuels, and increasing import bills due to rising global prices are the challenges that South Asia is facing. These can be overcome by using its great potential in renewables. This paper uses SWOT methodology to identify that the poor financial situation of the distribution companies, due to power losses and non-cost-reflective tariffs, and the lack of credit opportunities, due to high interest rates and inaccessibility of loans for the long-term, are the major impediments to the growth of the renewable energy sector of the region. Moreover, there is a conflict of interest between the manufacturers of renewable energy equipment and the developers of renewable energy projects in terms of Government policy concerning the imposition of import duties. India is moving towards protection of the former, while the latter see opportunities in the renewable energy sector of Pakistan.

Keywords: Sustainable energy; Energy transition; South asia (search for similar items in EconPapers)
JEL-codes: Q42 Q43 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S096014812101380X
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:renene:v:181:y:2022:i:c:p:417-425

DOI: 10.1016/j.renene.2021.09.066

Access Statistics for this article

Renewable Energy is currently edited by Soteris A. Kalogirou and Paul Christodoulides

More articles in Renewable Energy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().