International Journal of Finance and Banking Research

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The Renewable Energy and Sustainable Development: A Case Study of Bangladesh

Received: Jan. 23, 2016    Accepted: May 17, 2016    Published: Jun. 30, 2016
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Abstract

Bangladesh is facing daunting energy challenges. Security concerns over growing fuel imports, limited domestic energy resources for power generation, and projected demands for electricity that will exceed domestic supply capabilities within a few years. By acknowledging the potential of renewable energy resources, the country could possibly meet its unprecedented energy demand, thus increasing electricity accessibility all and enhancing energy security through their advancement. The integration of renewable energy technologies in the power sector through national energy planning would, therefore, is a step in the right direction, not only for sustainable development of the country but also as part of Bangladesh's responsibility toward the global common task of environmental protection. This research paperexamines the potential of renewable energy sources for power generation in Bangladesh from the viewpoint of different promising available technologies. The analysis shows a substantially higher implementation of renewable energy technologies compared to the base scenario. Renewable energy technologies, especially solar photovoltaic, play an important role in achieving acceptable energy security.

DOI 10.11648/j.ijfbr.20160204.13
Published in International Journal of Finance and Banking Research ( Volume 2, Issue 4, August 2016 )
Page(s) 139-146
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

Sustainable Energy, Renewable, Bangladesh, Power, Solution, Electricity

References
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  • APA Style

    K. M. Anwarul Islam, Umme Salma. (2016). The Renewable Energy and Sustainable Development: A Case Study of Bangladesh. International Journal of Finance and Banking Research, 2(4), 139-146. https://doi.org/10.11648/j.ijfbr.20160204.13

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    ACS Style

    K. M. Anwarul Islam; Umme Salma. The Renewable Energy and Sustainable Development: A Case Study of Bangladesh. Int. J. Finance Bank. Res. 2016, 2(4), 139-146. doi: 10.11648/j.ijfbr.20160204.13

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    AMA Style

    K. M. Anwarul Islam, Umme Salma. The Renewable Energy and Sustainable Development: A Case Study of Bangladesh. Int J Finance Bank Res. 2016;2(4):139-146. doi: 10.11648/j.ijfbr.20160204.13

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  • @article{10.11648/j.ijfbr.20160204.13,
      author = {K. M. Anwarul Islam and Umme Salma},
      title = {The Renewable Energy and Sustainable Development: A Case Study of Bangladesh},
      journal = {International Journal of Finance and Banking Research},
      volume = {2},
      number = {4},
      pages = {139-146},
      doi = {10.11648/j.ijfbr.20160204.13},
      url = {https://doi.org/10.11648/j.ijfbr.20160204.13},
      eprint = {https://download.sciencepg.com/pdf/10.11648.j.ijfbr.20160204.13},
      abstract = {Bangladesh is facing daunting energy challenges. Security concerns over growing fuel imports, limited domestic energy resources for power generation, and projected demands for electricity that will exceed domestic supply capabilities within a few years. By acknowledging the potential of renewable energy resources, the country could possibly meet its unprecedented energy demand, thus increasing electricity accessibility all and enhancing energy security through their advancement. The integration of renewable energy technologies in the power sector through national energy planning would, therefore, is a step in the right direction, not only for sustainable development of the country but also as part of Bangladesh's responsibility toward the global common task of environmental protection. This research paperexamines the potential of renewable energy sources for power generation in Bangladesh from the viewpoint of different promising available technologies. The analysis shows a substantially higher implementation of renewable energy technologies compared to the base scenario. Renewable energy technologies, especially solar photovoltaic, play an important role in achieving acceptable energy security.},
     year = {2016}
    }
    

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    AB  - Bangladesh is facing daunting energy challenges. Security concerns over growing fuel imports, limited domestic energy resources for power generation, and projected demands for electricity that will exceed domestic supply capabilities within a few years. By acknowledging the potential of renewable energy resources, the country could possibly meet its unprecedented energy demand, thus increasing electricity accessibility all and enhancing energy security through their advancement. The integration of renewable energy technologies in the power sector through national energy planning would, therefore, is a step in the right direction, not only for sustainable development of the country but also as part of Bangladesh's responsibility toward the global common task of environmental protection. This research paperexamines the potential of renewable energy sources for power generation in Bangladesh from the viewpoint of different promising available technologies. The analysis shows a substantially higher implementation of renewable energy technologies compared to the base scenario. Renewable energy technologies, especially solar photovoltaic, play an important role in achieving acceptable energy security.
    VL  - 2
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Author Information
  • Department of Business Administration, the Millennium University, Dhaka, Bangladesh

  • Department of Computer Science and Engineering, Bangladesh University, Dhaka, Bangladesh

  • Section