In a bid to save our climate from carbon emissions, the use of renewable energy sources is a must. In that regard, government is taking several green development initiatives which will also help us achieve sustainable development goals.
According to the Ministry of Power, Energy and Mineral Resources, the power sector master plan (PSMP) is being updated in the face of global energy market instability and adverse climate change. Work is underway to formulate an Integrated Master Plan for power and energy sector. The use of coal is being reduced in future power generation plans to prevent environmental pollution. In contrast, the number of imported LNG-based power plants will be increased. Emphasis will also be placed on renewable energy.
The whole world is now going for renewable energy. The Bangladesh government is also more interested in reducing the use of coal. Several initiatives such as implementation of solar net metering policy, installation of solar mini grid, home system and irrigation pumps etc. have been taken. Several solar power plants are being planned. Besides, a survey has been done on wind power and plans are being made on how to expand it in a profitable way.
We can extract cheap gas-based solutions for electricity
production, which will
further decrease the cost of
production and increase profit
The government can also focus on originating more research and development programmes. This should be done to explore more sustainable sources of power generation and instead of using coal we can extract cheap gas-based solutions for electricity production, which will further decrease the cost of production and increase profit.
If private investment increases, then healthy competition should also be raised among the power generators which will lead to economic welfare and also improvement in the quality of service. We also recommend the government approve a various range of energy efficiency programmes for the future of country’s energy security.
Therefore, it is time now that the authorities concerned implement the transition process of shifting to renewable energy source from coal-based power plants, which will not only profit our
environment but also will create numerous jobs, especially in the rural areas.