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Identifying the alternative narrative of LNG dominated energy-mix for the power sector

dc.contributor.authorAlam, Rafat
dc.date.accessioned2025-09-04T16:56:00Z
dc.date.available2025-09-04T16:56:00Z
dc.date.issued2023
dc.description.abstractThis study addresses the critical issue of Bangladesh's pursuit of sustained and secure energy amidst its transition from a Least Developed Country (LDC) after 2026 and become a middle-income nation by 2050. The country has committed to different national and international platforms towards a substantial shift to renewable energy, aiming for 40% of its energy mix to be renewable by 2041, yet it is increasingly relying on expensive LNG-based power generation. The associated costs and impacts of this reliance on LNG, including economic, environmental, and social aspects, are examined. The economic burden, evident in significant government expenditures, poses risks to foreign reserves and macroeconomic indicators, potentially destabilising the nation’s fiscal balance. Moreover, the environmental implications of LNG, including greenhouse gas emissions and various air pollutants, are discussed, along with potential adverse effects on local ecosystems and communities. The findings underscore the urgency of transitioning to cleaner and more sustainable energy sources to mitigate climate change and avoid potential long-term economic risks associated with fossil fuel infrastructure investments. The study emphasises the immediate expansion of RE as an alternative to ensure a sustainable and resilient energy future, increased domestic gas exploration, and increased efficiency in power generation, transmission, and distribution.
dc.identifier.citationMoazzem, K. G., Alam, R., Mallick, M. A., & Shibly, A. S. M. S. A. (2023). Identifying the Alternative Narrative of LNG Dominated Energy-Mix for the Power Sector. CPD Working Paper 149. Dhaka: Centre for Policy Dialogue (CPD).
dc.identifier.urihttps://hdl.handle.net/20.500.14078/4045
dc.language.isoen
dc.rightsAll Rights Reserved
dc.subjectBangladesh
dc.subjectrenewable energy
dc.subjectenvironmental implications of LNG
dc.subjectliquified natural gas
dc.subjectLNG
dc.titleIdentifying the alternative narrative of LNG dominated energy-mix for the power sectoren
dc.typeReport

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