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Bangladesh Re-Energizing!
Bangladesh, one of Asia's fastest-developing nations, faces the direct impacts of climate change. With rising energy demands, the country has made notable progress in expanding its renewable energy capacity over the past two decades, yet significant untapped potential remains.
Re-energize Bangladesh is an initiative by Green Lead to accelerate the energy transition by providing a one-stop- center for renewable energy information. It includes the country’s energy landscape, policy, tools and ‘energizED” - a course designed to inspire the next generation of energy leaders!
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Renewable energy growth?
4.96%
Renewable Energy Growth
Generation Mix: Where do we get our electricity from?
Fuel/Resource | Installed Capacity | Share |
---|---|---|
Coal | 7179 MW | 23.05 % |
Gas | 12384 MW | 39.76 % |
HFO | 5885 MW | 18.89 % |
HSD | 290 MW | 0.93 % |
Imported | 1160 MW | 3.72 % |
Renewable | 1449.45 MW | 4.96 % |
Captive | 2800 MW | 8.99 % |
Total | 31147 MW | 100.00 % |
Technology | Off-grid (MW) | On-grid (MW) | Total (MW) |
---|---|---|---|
Solar | 377.09 | 778.29 | 1155.38 |
Wind | 2 | 60.9 | 62.9 |
Hydro | 0 | 230 | 230 |
Biogas to Electricity | 0.69 | 0 | 0.69 |
Biomass to Electricity | 0.4 | 0 | 0.4 |
Total | 380.18 | 1069.19 | 1449.37 |
The scientific feasibility done by the World Future Council and its partners unveils that deploying 100% renewable energy in Bangladesh is possible. Moreover, it can provide access to reliable energy for all its citizens, while increasing living standards to the level of industrialized countries by 2050. It also suggests that a renewable energy-based system can create 1 million more jobs than the fossil fuel industry in the same timeframe. Explore the full report here.
The Renewable Energy Ambitions of Bangladesh
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15% of electricity from renewables by 2030
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40% of electricity from renewables by 2041
100% of electricity from renewables by 2050
RE Policy and Resource Corner
Calculate Your Renewable Energy Potential!
Find out how much clean energy you can generate with solar and wind
Our Way Ahead: Recommendations
- Set Clear and Legally Binding Targets : Establish a legally binding 100% renewable energy target by 2050, with aim to achieve intermediate milestones.
- Integrate Renewable Energy into National Planning: Ensure that renewable energy is embedded across policy areas, including climate action, economic growth, and the Sustainable Development Goals (SDGs).
- Promote a Just Energy Transition: Implement policies ensuring an equitable transition by supporting workers in fossil fuel industries and providing social protections.
- Strengthen Renewable Energy Decision-Making Bodies: Build institutional capacity within government agencies, including SREDA, to lead a long-term renewable energy strategy.
- Accelerate Community-Led Renewable Energy Initiatives: Provide incentives and technical support for decentralized and community-based renewable energy projects.
- Ensure Transparent and Stable Policies: Create a stable regulatory environment with clear incentives for investors in renewable energy.
- Promote Adoption and Capacity Development for Skilled Workforce: Establish vocational training programs, university curricula, and upskilling initiatives to develop a strong workforce for the renewable energy sector.
- Encourage Industry-Academia Collaboration: Facilitate partnerships between universities, research institutions, and industry leaders to drive innovation and practical skill-building.
- Provide Financial Incentives for Green Jobs: Offer subsidies, tax benefits, and financing options to companies investing in renewable energy workforce training and employment.
- Prioritize Development of Wind and Solar Infrastructure: Expand wind and solar power generation, particularly in coastal and rural areas.
- Modernize the National Grid for Renewable Integration: Invest in smart grids, transmission systems, and battery storage to handle fluctuating renewable energy supply.
- Promote Bottom-Up Electrification: Utilize existing Solar Home Systems (SHS) and mini-grid networks to expand rural electrification.
- Accelerate Deployment of Wind and Solar PV: Fast-track investment in large-scale solar parks, floating solar, and offshore wind projects.
- Research and Promote Innovative Renewable Technologies: Support R&D in solar thermal, bioenergy, and hydrogen to diversify renewable energy sources.
- Electrify Transportation and Heating Sectors: Expand electric vehicles (EVs), solar-powered cooking, and renewable-powered industrial heating.
- Prioritize Energy Efficiency Measures Across Sectors: Implement mandatory energy efficiency standards in industries, buildings, and appliances.
- Promote Storage Capacity Development: Invest in large-scale battery storage, transfer technology and adopt feasible energy storage solutions.
- Encourage Demand-Side Management: Use smart metering and incentives to optimize energy consumption patterns.
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Educating next generation of energy leaders
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The initiative is recognized as one of the winners of the ICCCAD Youth Innovation Grant in 2024
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