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Renewable Energy : It's prospect and

problem in mitigating energy crisis in


Bangladesh
"Energy is essential for development and sustainable
energy is essential for sustainable development "- Tim
Wirth
Bangladesh is facing a tremendous energy crisis and the
economic development as well as sustainable
development of this country was jeopardized due to the
lack of energy resources. Adequate and consistent source
of electricity is a key requirement for a constant and
successful economic development.
Renewable Energy :
Renewable Energy is energy derived from natural source
that are replenished at a higher rate than they are
consumed. Sunlight and wind, for example, are such
sources that are constantly being replenished. Renewable
energy sources are plentiful and all around us.

Types of Renewable Energy :


1. Solar Energy : Harnessing energy from the sun using
Solar penels.
2. Wind Energy : Generating power from the kinetic
energy of the wind.
3. Hydropower : Using flowing water to generate
electricity.
4. Biomass: Energy obtained from pants and animals
remains.
5. Geothermal Engergy: Extracted from the Earth's
internal heat through geothermal power plants.
6. Tidal Energy
7.Ocean thermal Energy
State of renewable energy in Bangladesh :
Bangladesh's renewable energy policy journey began in
2008. Since then Bangladesh has made small but steady
progress. Renewable energy sources in Bangladesh like
solar, now take up a larger share of the energy mix. Fossil
fuel like natural gas still make up over 65% of power
generation. Global climate scope ranks Bangladesh in the
41st position. The SDG goal number seven is to ensure
access to affordable, reliable sustainable and modern
energy for all.
Prospect of renewable energy in mitigating
energy crisis in Bangladesh :
1. Solar Energy: Bangladesh's National Solar Energy
Action Plan introduced plans to shift its renewable energy
policy.
2. Wind Energy : The world is going on fast in the sector
of wind renewable energy and a turbine is used to
convert wind energy into electricity.
3. Hydro Energy : hydro electricity is a natural renewable
source of power and water is utilized for the production
of electricity.
Proposed future hydro-electricity projects in Bangladesh
Name of the river potential of electrical energy in MW
Kaptai 100
Shangu 100
Matamuhuri 100
4.Biofuel / Biomass / Biogas : Biogas and Biomass are
more popular in Bangladesh.
5. Geothermal Energy : Geothermal Energy is the earth
core heat and most renewable clean energy.
6. Atomic Energy : Ruppur Powerplant is the country's
first nuclear power plant with 2400 MW.

The advantage of Renewable Energy transition


:
Transitioning to renewable energy reduces greenhouse
gas emissions, mitigating climate change and its adverse
effects. It enhances energy security by reducing
dependence on finite fossil fuels, ensuring a more stable
and sustainable energy future. Additionally, it promotes
economic growth through job creation, technological
innovation, and cost-effective energy solutions.

Bangladesh's government efforts to help the


renewable energy sources transition :
1. The government of Bangladesh announced plans to
install rooftop systems and also plan to replace fossil fuel
transport with more electric vehicles.
2. The government enacted the renewable energy policy
on 18 December, 2008 and enacted the sustainable and
renewable energy Development Authority - SREDA Act
2012.
Challenges:
1. The high initial cost of installation.
2. Lack of infrastructure , knowledge and awareness .
3. Power storage
4. Lack of policies and subsidies
5 Limited resources and absence of advanced
technologies, lack of reliable data.

In conclusion, renewable energy in Bangladesh holds


immense potential to address energy challenges, reduce
environmental impact, improve access, and stimulate
economic growth, but effective policy implementation
and investment will be crucial to fully realize these
benefits.

For more focus join- Tenida's Bank Job Guidance

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