RE: Energy price fluctuations and implications for Bangladesh5 Jul 2024 20:13
Wishful thinking; the opening paragraph says it all " There is no denying that maintaining Bangladesh's macroeconomic stability and achieving its development goals requires consistent and uninterrupted energy supply. Bangladesh's energy landscape is predominantly shaped by fossil fuels, with natural gas including Liquefied Natural Gas (LNG), coal, and oil accounting for over 98 per cent of the nation's electricity generation. Despite efforts to diversify the energy mix, renewable sources such as hydro, solar, and wind contribute only marginally to the overall power generation. However, the high dependency on imported fossil fuels leaves Bangladesh vulnerable to fluctuations in global energy prices, which can have far-reaching implications for the country's macroeconomic stability and developmental aspirations. "
Otherwise it reads like an undergraduate thesis with the unsatisfactory conclusion of renewables to save the day without scale of job or timeline.