NEWSLETTER

BN

ENERGY NEWS

Despite government claims of 10,000 MW renewable energy projects in various stages of implementation, a Power Cell document indicates that only 4,000 MW worth of projects are fully planned by 2030. According to the Sustainable and Renewable Energy Development Authority (SREDA), Bangladesh currently produces 1,374.35 MW from renewable sources, with 230 MW from hydropower and 1,080.36 MW from solar energy.
Despite government claims of 10,000 MW renewable energy projects in various stages of implementation, a Power Cell document indicates that only 4,000 MW worth of projects are fully planned by 2030. According to the Sustainable and Renewable Energy Development Authority (SREDA), Bangladesh currently produces 1,374.35 MW from renewable sources, with 230 MW from hydropower and 1,080.36 MW from solar energy.
Petrobangla, the state-owned oil, gas, and mineral resources corporation, has attributed the gas shortage to a reduction in liquefied natural gas (LNG) supply that occurred for nearly a month and a half due to the shutdown of a terminal. On the night of July 9, a pipeline in Chattogram was punctured, further exacerbating the situation.
It is high time for Bangladesh to explore new horizons of renewable energy to scale up electricity production and ensure a greener environment for our future generations. With the largest off-grid renewable energy (RE) network globally, we have progressed significantly since 1996 when only 15% of the population had access to electricity.
Bangladesh's largest solar power facility Teesta Solar Ltd has transmitted around 443.8 million units of electricity to the national grid in the past 15 months. Unlike conventional power plants that rely on gas, coal, or fossil fuels, the plant generates electricity without requiring fuel or incurring raw material costs -- a capability it is expected to maintain until 2043.
"Bangladesh may opt for gas-fired peaking plants instead of only base-load plants to accommodate more renewable energy. It may seek to limit the LNG demand growth rate by frontloading energy efficiency in industrial processes and captive generation," said the IEEFA.
The Power Division is gearing up implementation of 125 green energy projects as it pursues a goal to meet 10% of the country's power needs from renewables by 2025. The generation capacity of these projects will be 12,047 megawatts, more than the country's present demand in winter and 70% of summer time consumption, according to Power Division officials.