Context
Bangladesh generates almost 98 per cent of its electricity from fossil fuels. This accelerates climate change and pushes up energy prices. The government is increasingly recognising the need to invest in renewable energy (RE) and energy efficiency (EE). It is therefore aiming for clean energy to make up 40 per cent of the total by 2041. However, it faces some challenges:
The electricity transmission and distribution network is unstable, leading to frequent power outages. This also makes it overly sensitive to fluctuations caused by renewable energy sources such as wind and solar power.
At the same time, digital transformation in the public sector is progressing only slowly, making it difficult to plan and implement energy management systems.
While Bangladesh’s energy sector is now undergoing a green transformation, businesses and the general public have yet to fully benefit from energy savings and affordable RE.
A lack of incentives, expertise and personnel are also hindering a socially just and environmentally sustainable energy transition.
Experience from Germany’s energy transition shows that it is essential to involve the public and private sector in decision-making. That is where the project comes in.
