Imported & costly LNG means greater energy insecurity and a greater financial burden for Bangladesh.
A global energy shock once again hits Bangladesh; it’s time to move away from costly, volatile LNG dependence. Instead, the country should free up financial resources and begin emphasizing sustainable, renewable energy from both policy and implementation perspectives. It’s something Bangladesh needs to start right now.
Hence, renewable energy shouldn’t be a missed golden opportunity for Bangladesh. With a massive 50,000 MW of potential, solar could help shield Bangladesh from ongoing global energy shocks.