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The Future Unplugged: Forecasting a Comprehensive Energy Demand of Bangladesh – a Long Run Error Correction Model

Khondaker Golam Moazzem and Faisal Quaiyyum

No 153, CPD Working Paper from Centre for Policy Dialogue (CPD)

Abstract: The global energy landscape is undergoing a pivotal transformation, driven by the dual imperatives of sustainable development and climate change mitigation. This transition from traditional fossil fuels to renewable energy sources presents a unique set of challenges and opportunities, particularly in the context of developing nations such as Bangladesh. With its dense population and burgeoning energy needs, Bangladesh stands at a critical juncture in its energy development trajectory. This paper explores the implications of Bangladesh’s energy transition on employment and skill requirements within the power and energy sector. Through a comprehensive analysis, the study aims to project the net employment impact by 2030, taking into account the evolving energy mix and the potential for job creation versus job displacement.

Keywords: Energy Transition; Power and Energy Sector; Employment; sustainable energy; Bangladesh (search for similar items in EconPapers)
Pages: 38 pages
Date: 2024-04
New Economics Papers: this item is included in nep-ene, nep-env and nep-ppm
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