Prospects and Constraints of Renewable Energy Sector in Bangladesh: An Analytical Exercise

Sakib B. Amin, Shaika L. Islam, Tanvina Z. Kamal and Nuzhat N. Mithila

Bangladesh has a mere amount of nonrenewable resources of its own. To meet the growing energy need of the country, major portion of the fossil fuel consumed has to be imported from abroad. Among the indigenous fuel resources, the country has become increasingly dependent on Natural Gas. The structure of the energy consumption over the years has got to be ‘Mono- Fuel’ dependent. With the looming exhaustibility of the nonrenewable energy sources and the rapidly growing energy demand, the policy-makers of the country in various policies and institutional arrangements have shifted their focus to renewable energy sources. It is expected that the renewable energy options like solar-power, wind-power, hydro-power and bio-mass will be essentially useful to increase the accessibility to energy and power for all the socio-economic sections of the country. The aim of this paper is to review the renewable energy resources being practiced in Bangladesh in terms of its implementation, research and development activities.