The potential to fuel the new industrial age

In the longer term, the investment potential in Pakistan is huge,” says Alfred Grannas, the German Ambassador to Pakistan. In an informal interview at Dawn‘s head office, the ambassador outlined the country’s potential for exporting hydrogen. “Pakistan has potential for wind and hydropower. It is one of the most promising things that can be built up to a large scale — hydrogen generated through renewable energy. This is the fuel of the new industrial age,” he says. The fossil fuels burned for industrial use are harming the environment. As the world moves forward, industries are transitioning to a green way. “We do produce it ourselves, but not enough. We will always require imports to meet our needs.” Given Pakistan’s background of mass mismanagement and the mounting circular debt. Can this potential be realised? The ambassador seemed to think so. “Things in Pakistan can be developed over time. I am sure this investment will be developed eventually because it is so attractive for all parties concerned.