Year in Review 2023: Power and Energy

In the face of climate challenges, CPD pursued programmes addressing climate issues and conducted a thorough review of the Climate Budget, offering recommendations for Green Public Finance Management. The think tank persisted in its efforts to guide the textile and readymade garments industry in Bangladesh toward adopting environmentally sustainable and eco-friendly practices. Furthermore, CPD also sustained efforts in raising awareness of air and plastic pollution, providing recommendations for mitigating these issues in the city.

ACTIVITIES

CPD launches Quarterly Brief on the Power and Energy Sector titled...

Bangladesh's power and energy sector is dynamic, and the landscape keeps changing constantly, bringing in new challenges. The escalating import costs for petroleum oil and LNG are creating fiscal pressure, demanding immediate attention.

Renewable energy sector could be significantly benefitted through overseas investment of...

China has become one of the frontrunners in renewable energy-based economy in the world. It remains the world's largest producer of renewable energy. In 2021, China's renewable energy accounted for 29.4 per cent of total power generation, marking a significant increase from 7 per cent a decade earlier.

Transition to Renewable energy can positively contribute to employment generation in...

Energy transition in Bangladesh will positively contribute to employment generation in the country. The planned energy transition, according to the Mujib Climate Prosperity Plan (MCPP) and Draft Integrated Power and Energy Master Plan (IEPMP), is likely to contribute to a substantial rise in renewable energy use in the power sector

Little expectations from the proposed budget to address the salient challenges...

The power and energy sector of the country is passing a challenging period. This is characterised by excessive/overgeneration capacity, over reliance on imported fossil fuels; an inappropriate selection of energy sources

G7 countries should take initiatives to end the support for fossil...

The 49th G7 Summit is scheduled to be held on 19-21 May 2023 at Hiroshima, Japan. The Summit will underscore the regional and global crises as well as emergent issues such as the climate crisis.

New Renewable Energy Policy should Target Achieving the Clean Energy Goals

The vision of the draft policy is to develop an efficient, sustainable, secure, affordable, competitive and environment friendly power system while developing manufacturing capabilities and creating the country as a preferred investment destination of RE sector.

PUBLICATIONS