4 / 2017-12-08 03:36:24

Modeling and Analysis of CPEC Energy Power Projects Using LEAP Model

CPEC Energy Projects,LEAP Model,Estimation,Forecast,Development

In any developing economy, long term forecasting of energy demand and supply is a burning topic of fundamental research in China-Pakistan Economic Corridor (CPEC) energy projects due to reliance on energy imports and of sustainable development. In this paper, we provide current status of CPEC energy policies and an overview of energy demands as well as supply to CPEC energy projects, an outline of the past development and finally use of a Long-range Energy Alternatives Planning System (LEAP) model for CPEC energy projects with a baseline year 2013 having an end year 2030. A LEAP model for CPEC energy projects is used to analyze energy supply and demand for better performance, to recognize the gaps in the supply and demand in addition to options for interference, to perform impact assessment, to simulate plus measure the economic, effects-physical, and environmental of alternative energy programs, actions including investments. During the forecasted years, Coal based power plants will continue to play a vital role. Results indicated that Coal scenario is better considering environmental and economic effects. This research is beneficial to the forecasting of the role of CPEC energy projects in order to meet high electrical energy in future in Pakistan. Expect barriers to the change in the energy mix are discussed and presented from predictable sources of renewable energy sources.