100% Renewable Energy for Bangladesh—Access to renewable energy for all within one generation

作者: Sven Teske , Tom Morris , Kriti Nagrath

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摘要: Bangladesh needs to build up and expand its power generation system to increase the energy access rate to 100 per cent. Building new power plants–no matter what technology–will require new infrastructure, such as power grids, spatial planning, a stable policy framework and access to finance. With decreased prices for solar photovoltaic and onshore wind in recent years, renewables have become an economic alternative to building new gas or coal power plants. As a result, renewables achieved a global market share of over 60 per cent of all new build power plants since 2014. Bangladesh has significant solar resource and coastal areas are suitable for on-and offshore wind. Renewable generation costs are generally lower with increased solar radiation and wind speeds. However, constantly shifting policy frameworks often lead to high investment risks and therefore higher project development and installation costs for solar and wind projects relative to countries with more stable policy.

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