The Nepal Energy Outlook (NEO 22) is published with joint effort of Kathmandu University, Tribhuvan University Institute of Engineering, Niti Foundation and Nepal Energy Foundation. The document is useful for the energy experts, planners, and decision makers to realize the current energy context of Nepal.
The outlook has analyzed the Nepali energy settings in three major contexts on Sectoral Status Assessment: Context and Issues, Strategies (to address the pertaining issues) and the prominent recommendations and the way forward.
The document has highlighted the shift of energy use pattern from traditional to modern energy with significant increase in consumption of commercial fuel. This consumption pattern of energy is shifting towards unsustainability. This insecure movement is witnessed due to changing demographic pattern in rural and urban setting. The outlook also highlights the current deficiency and possibilities of future surplus of hydroelectricity. With the given context, the document has presented the energy security threat such as import dependent on commercial fuel with only limited days of storage capacity. Additionally, NEO 22 has spelled the transition of cooking fuel from kerosene to LPG. The document also highlights the issues with trade deficit, foreign exchange reserves and the balance of payments to be marginally surplus.
However, the current electricity trade with India is quite inspirational and can be expected to minimize the existing balance of payments. Overall, the NEO 22 has concisely articulated the Nepalese energy context with potential recommendations.