Opportunities in implementation of sustainable and renewable energy policy in Bangladesh

Abstract

Bangladesh is a developing country which is facing severe energy crisis. The energy consumption over the time will increase also. Aside from that Bangladesh is also one of the vulnerable country due to climate change of the world. In order to satiate the energy crisis Bangladesh need to find an environment friendly way for energy production. Bangladesh has good potential for harnessing renewable energy sources such as solar, biomass, wind, and mini-hydropower. According to Goldman Sachas it is one of the “next 11” country also (Goldman Sachas). Renewable energy is the balanced point for energy production which can produce energy without harming the environment. This Work is focused on to put light on renewable energy sources that can fix our energy crisis in a sustainable way and hence find new opportunities. It does so through a critical review of policy and institutional settings, as well as present status and lessons learnt from pilot demonstration of a number of RET projects undertaken by different organizations. The aim of this study is to help the policy makers in formulating renewable and sustainable energy policies and future plans for Bangladesh through this field oriented argument.