Publication |
2008.
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Summary/Abstract |
Energy security is one of the major policy concerns for Bangladesh. Currently, the country with its vast population is facing formidable challenges in supplying energy in spite of having some mineral resources and significant amount of renewable resources options. To understand the overall energy scenario of the country, existing reserves of renewable and non-renewable energy resources have been discussed in the paper. In the energy security context, several issues such as export of gas, electricity shortage and high dependency on imported oil are real threats to ensuring supply of energy to meet the growing demand. These issues have been discussed within the conceptual framework of energy security for the country's rapid economic growth. To overcome the challenges, sustainable energy development through intra-regional cooperation with SAARC, BIMSTEC and extra-regional collaboration with the OPEC countries has also been touched upon in the paper.
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