- Posted September 29, 2013 by
Renewable energy is the right way
The government has shown initiative in promoting solar power in the domestic sector. All it may need is a change of approach and better implementation
While there is no denying the desperate need to increase electricity production in our country, long-term thinking is needed to ensure this is done in an environmentally responsible and sustainable manner.
The world is continually shifting towards clean, green and renewable sources of energy, and more and more existing fossil fuel based and nuclear power plants are being shut down.
On the other hand, our power division is increasing reliance on fossil fuels by paving the way for 5 new coal-based power plants. And there are major environmental objections to the proposed coal based power project in Rampal and the nuclear project in Rooppur.
Coal-based and thermonuclear power generation may be the cheapest available options, but in the long term, keeping the environment and longevity of the project in mind, renewable energy is the preferable way for Bangladesh to go forward.
As well as supporting energy efficiency initiatives and encouraging cross-border hydro-generation with Bhutan and Nepal, Bangladesh should invest more in electricity from renewable sources. There is enough sunshine and coastline to make power generation from wind, water, and sunlight perfectly viable.
The government has shown initiative in promoting solar power in the domestic sector. While this may not have borne all the desired fruits, the idea itself was perfectly valid. All it may need is a change of approach and better implementation.
The private sector should be encouraged to invest in renewable energy through tax rate cuts and reduced interest rates as incentives.
The world is showing that renewable energy is viable from a business point of view. Bangladesh’s energy strategy should do more to encourage renewable energy. The Haney Energy Saving Group