Energy Conservation Options and Policies in Bangladesh

Abstract

Energy conservation policies are very much in line with the social development goals proposed by the United Nations. Energy conservation is also significant from Bangladesh perspective. A country like Bangladesh usually faces severe challenges in ensuring energy security employing indigenous energy resources in an environmentally friendly manner. For the promotion of conservation policies , the government has already started working jointly with the World Bank, Asian Development Bank, and many other international donor agencies and prepared an action plan to enhance the energy conservation policies to save 15 and 20% of total energy by 2021 and 2030, respectively. It is expected that the energy conservation policies in Bangladesh could save energy by reducing unnecessary use of energy which not only ensures future energy supply but also accelerates the pace of the economic activities.

This chapter is prepared from the doctoral thesis of Sakib Bin Amin and his class lectures on Energy Economics and Policy at North South University, Bangladesh .