Evaluating Energy Security Performance in Pakistan and India: Using Aggregated Energy Security Performance Indicators (AESPI)
Abstract
This article computes the energy security performance between two crucial South Asian neighboring countries in the region through aggregated energy security performance indicators (AESPI) using time series data of time spanning 1990-2018. The findings of this manuscript suggest that total primary energy supply, final energy consumption, household electricity consumption, the share of non- carbon energy per total primary energy consumption, net energy import dependency Co2 emissions per capita and per GDP and residential energy consumption lead to making better energy security performance in Pakistan. However, total primary electricity consumption, total primary, and final energy intensity, reserve production ratio of oil & gas, and transformation losses adversely affect energy security performance in Pakistan. On another end, in India's final energy consumption, total primary energy intensity, household electricity consumption, the share of the capacity of renewable energy per total electricity generation, the percentage of renewable energy per final energy consumption, net energy import dependency, and Co2 emissions per capita lead to improve energy security performance. Conversely, total primary energy supply, total primary electricity consumption, final energy intensity, transformation loss, reserve production ratio of oil & gas, the share of non-carbon energy per total primary energy supply, and Co2emissions per GDP may cause to reduce energy security performance in India. In conclusion, the overall energy security performance is improved in both the countries by time, India (more improved than Pakistan), and Pakistan, as the findings of this manuscript suggest.
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