An Analysis on Renewable Energy and Prospect in Bangladesh

Abstract

Renewable energy is plentiful, and the technologies are improving all the time. There are many ways to use renewable energy. We have realized that our fossil and atomic fuels will not last forever, and that their use contributes to environmental pollution. Renewable energy – which basically comes from the sun in one way or another – provides opportunities for an unlimited, sustainable energy supply with low environmental impact. This paper reviews the prospects of available renewable energy resources along with various private and government future project plans to incorporate renewable energy sources and their potentials as per context of Bangladesh. According to the approved renewable energy policy, the Government of Bangladesh (GOB) is devoted to facilitating investment in both public and private sectors in renewable energy projects to substitute contemporaneous non-renewable energy resources and to escalate the contributions of renewable energy based electricity generation. This paper reviews the prospects of available renewable energy resources along with various private and government future project plans to incorporate renewable energy sources and their potentials as per context of Bangladesh. This paper also highlights the sources of renewable energy as well as the prospects in Bangladesh. More so this paper recommends some possible solutions basing on the key challenging factors prevails in Bangladesh for promoting the uses of renewable energy in various sectors.