With elections just days away, the next Bangladesh government has a key opportunity to drive long-term reforms and steer the power sector towards sustainability, says @Shafiqson in his latest article in @dailystarnews | Read - tinyurl.com/mwmh3kkc
Lead Energy Analyst for at the @ieefa_institute , @Shafiqson strongly recommends refocusing on long-term reforms rather than quick fixes to improve the sector’s sustainability gradually. Find out more in his latest article published in @dailystarnews👇
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"The power sector’s high reserve margin, capacity payment obligations, and reliance on imported fossil fuels have weakened the #Bangladesh Power Development Board’s (BPDB) financial strength." writes Shafiqul Alam.
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🇧🇩Bangladesh’s power sector is 65% import-dependent, exposing it to currency swings & supply shocks. The result: load-shedding, high costs & reliance on fossil fuels. Path forward lies in clean energy, efficiency, & reduced fossil fuel reliance-@Shafiqson. tinyurl.com/bdzcs6ft
A clear energy transition roadmap could save Bangladesh’s import bills.
At a recent roundtable, @Shafiqson warned:
⚡Country’s gas reserves to hit new lows 2025
☀️Rooftop solar capacity of 2,000MW could save up to US$1 bn per annum
⚠️Policy gaps risk prolonging energy crisis
☀️Bangladesh has set a bold target: 3,000MW of rooftop solar by Dec 2025. A study by @Shafiqson finds that the target is challenged by limited rooftop potential, insufficient EPC capacity, financing hurdles & maintenance risks. 📑 Report: tinyurl.com/y2cn3sa8
“Cost of renewable energy is falling in Bangladesh. With govt land allocation & competitive bidding including transmission cost coverage tariffs could drop significantly. Special Economic Zones could also host large-scale solar projects,”- @Shafiqsontinyurl.com/4c2x7ujv
📊IEEFA Power Lines: Bangladesh has 1,559MW of installed RE as of April 2025, but aims for 5,851MW by 2030 & 16,506MW by 2040. To hit these goals, annual clean energy investment must rise 4–6x. From US$238 million/yr to up to US$1.46 billion/yr.📌Stay tuned for visuals next Wed.
🇧🇩Bangladesh needs up to $980M/yr till 2030 & $1.46B/yr after to meet RE goals, says new report by @Shafiqson & @labanyajena1 . Challenges: Policy shifts, land & currency risks Fixes: Green finance, duty cuts, credit guarantees. 📘Report: tinyurl.com/nxstyvk3