Author: Haneea Isaad, Energy Finance Specialist, IEEFA
Mustafa Hyder Sayed, Co-author, Pakistan-China Institute
Ahtasham Ahmad, Co-author, Renewables First
Umar Farooq, Co-author, Pakistan-China Institute
This report analyzes the potential for Sahiwal CFPP’s early retirement by modeling various buyout and renegotiation scenarios to determine the cost, practicality, and optimal timeline for shutdown. It also examines global and regional examples of accelerated coal retirement. The analysis determines whether Pakistan can draw guidance from state-driven mandates for coal phaseouts such as those in Germany and the United Kingdom (UK). It also explores Energy Transition Mechanisms (ETMs), including those for the South Luzon Thermal Energy Corporation (SLTEC) coal plant in the Philippines and the Cirebon-1 coal plant in Indonesia.