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

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

Author: zant worldpress

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.

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