Development of renewable energy sector in Bangladesh: Current status and future potentials

Abstract

Bangladesh is a hugely populated country in South Asia. The country produces its electricity mainly from natural gas followed by liquid fuels. Although the installed electricity generation capacity of the country has been increased to 12,261MW, there is scarcity of electricity in the hot summer season which is a barrier to industrial development as well as socio-economic development. Combustion of fossil fuels releases greenhouse gases (GHGs) into the atmosphere which causes global warming. Bangladesh can be badly affected by greenhouse effect and global warming. These problems can be mitigated by incorporating renewable energy sources (e.g., solar, wind, hydro, biomass, etc.) to the country's electricity generation. Renewable energy resources are considered as clean and can serve the electricity demand in the remote areas where grid connection is not possible. The potential of solar energy and biomass is enormous in Bangladesh and people have already started to harness energy from these sources. The government and the policy makers should come forward to encourage the people of rural areas as well as urban areas to use renewable based electricity. The government of Bangladesh has set up a plan to generate 5% of the country's total electricity from renewable sources within 2015 and 10% within 2020. However, within 2015 the country has been able to generate only 3.5% of the total electricity from renewable sources. This paper presents a thorough review of the current status and future potentials of renewable energy sector in Bangladesh. In this paper the updated information is provided for the overall renewable energy sector of the country.