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CPD: Govt wasting dollars on import-based power generation, capacity charges

CPD: Govt wasting dollars on import-based power generation, capacity charges
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Bangladesh s reliance on gas has done little to ease its energy crisis

ANALYSIS-Bangladesh s energy plan faces gas dilemma as fuel crisis bites

Energy experts said the draft plan, soon to be finalised, shows positive shifts - such as reducing an earlier emphasis on coal - but voiced concerns about a growing reliance on LNG and unclear ambitions when it comes to renewable sources of energy. Several analysts said Bangladesh should invest more in clean energy such as solar if it is to meet a target of generating 40% of its power from renewables, and that doing so would ultimately prove far more economical than spending heavily on fuel imports.

Bangladesh s energy plan faces gas dilemma as fuel crisis bites

As Bangladesh s fast-growing economy has shifted to rely more on imported fuels such as liquefied natural gas (LNG) to meet its growing energy needs, volatility in the international market stemming from Russia s invasion of Ukraine has caused a gas supply crunch and power outages.

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