G7 summit brings forth the story of how developed countries lock Bangladesh in costly fossil fuel
Bangladesh’s grid capacity is now 23,482MW, while solar power contributes only 375MW, according to the Bangladesh Power Development Board.
$1b per year can be saved by prioritising solar power: Study
Bangladesh’s grid capacity is now 23,482MW, while solar power contributes only 375MW, according to the Bangladesh Power Development Board.
Aggressive fossil fuel expansion puts Bangladesh on the edge
Located just 14 kilometers from the Sundarbans, the world’s largest mangrove ecosystem sustaining the delta of the Padma, Brahmaputra, and Meghna rivers.
Soaring energy bills blindside millions in Bangladesh
Food and non-food inflations rose dramatically after gas and fuel oil prices were hiked last year, respectively, prompting millions of poor and low-income people to throw protein out of their diet.
Bangladesh expanding coal mining to offset the energy crisis
Bangladesh is expanding coal mining in the wake of the crippling energy crisis severely affecting its industries and everyday life even with the winter approaching. Winter substantially reduces energy demand in the otherwise humid, warm climate of Bangladesh. But this year the global energy crisis triggered by the Russia-Ukraine war left factories with daily power […]
For security and affordability, we must shore up renewable energy
The Bangladesh Bank recently withdrew the lending cap for coal-based power plants. The move aims to facilitate the purchase of coal needed to operate new coal-fired power plants of 6,754-megawatt (MW) capacity, which are set to come online in a few years. However, as the decision allows banks to lend beyond their 25 percent cap […]
Discriminatory policy hinders renewable energy growth
Sustaibale energy expert of the country pointed out that the government’s discriminatory policy towards renewable energy was evident in high import duties on solar panels meant to be used in small projects, which were more than doubled to 26 per cent from 11 per cent in the financial year 2021-22. This report was first published […]
Spot LNG import may cost $11b by 2024: report
The import of liquefied natural gas (LNG) between 2022 and 2024 could cost Bangladesh $11 billion, revealed an analysis released on Thursday by Ember, a London-based energy thinktank. Full implementation of MCPP could save $2.7b through solar generation. This news was first published in The New Age on 6th October, 2022. The calculation of the […]
As borrowing cost goes down, renewable energy and efficiency should get a major boost
The current global energy disorder along with the elevated prices of fossil fuels in the international markets should be an eye-opener for Bangladesh to swiftly promote renewable energy and energy efficiency This Opinion Editorial was first published in The Business Standard on 16 September, 2022. Shafiqul Alam The Central Bank of Bangladesh has a green […]
Power sector mess threatens economy
Wrong policy decisions, inefficiency and corruption have landed the power sector in its present predicament, said power and energy experts. This Opinion was first published in New Age on July 30, 2022. Emran Hossain The incumbent government set the stage for unabated corruption and making predatory profits in the power sector just a year after […]
