Identifying the Alternative Narrative of LNG Dominated Energy-Mix for the Power Sector

Khondaker Golam Moazzem, Rafat Alam, Moumita A Mallick and ASM Shamim Alam Shibly

No 149, CPD Working Paper from Centre for Policy Dialogue (CPD)

Abstract: This study addresses the critical issue of Bangladesh’s pursuit of sustained and secure energy amidst its transition from a Least Developed Country (LDC) after 2026 and become a middle-income nation by 2050. The country has committed to different national and international platforms towards a substantial shift to renewable energy, aiming for 40% of its energy mix to be renewable by 2041, yet it is increasingly relying on expensive LNG-based power generation. The associated costs and impacts of this reliance on LNG, including economic, environmental, and social aspects, are examined’.

Keywords: Power Sector; LNG; Renewable Energy; LDC; Energy-Mix; Bangladesh (search for similar items in EconPapers)
Pages: 21 pages
Date: 2023-07
New Economics Papers: this item is included in nep-ene and nep-env
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Persistent link: https://EconPapers.repec.org/RePEc:pdb:opaper:149

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