Rayhanul Islam :
Speakers said at a conference that the gas reserve in Bangladesh is depleting and, as such, the government should be serious about the gas explosion in the country to overcome crisis. However, the burning question is what will do Bangladesh in future when the resources will be exhausted, said Power, Energy and Mineral Resources experts.
The conference on ”Bangladesh’s Energy Economy’, organised by Dhaka Chamber of Commerce and Industry (DCCI) was held in a city hotel.
They also said, Bangladesh is dependent on domestic gas production, which is the dominant fuel for power generation. Further, the demand for energy is expected to increase in the coming years according to the 6th and upcoming 7th five year plans and the strategy for infrastructure sector.
Wendy JO Werner, Country Manager for Bangladesh, Bhutan and Nepal IFC, The World Bank Group moderated the session, while Anders Hasselager, Senior Project Manager, Gate 21 presented keynote. Nasrul Hamid Bipu, State Minister for Power, Energy and Mineral Resources,
Professor Badrul Imam of Department of Geology, University of Dhaka, Professor Mohammad Tamim, Head of the Department of Petroleum and Mineral Resources Engineering of Bangladesh University of Engineering and Technology (BUET) and Daniel Ciganovic, Business Development Director of ME SOLshare Ltd, Bangladesh spoke as panelists.
Nasrul Hamid Bipu said, in future we have to depend on import for gas resources. ”However, the gas problem will not affect the country’s economic development”, said the Minister.
For improving the facilities of this sector, we need professional and highly educated manpower.
”Skilled manpower is needed for all kinds of developments. India has already created a ministry titled: ”Skill Development”, he said.
In his keynote presentation, Anders Hasselager named four factors for revitalizing the energy sector and the economy in Bangladesh. Firstly, make use of new economic instruments in order to attract investment primarily in renewable energy sources.
Secondly, take advantage of technological development. Thirdly, make technology-neutral tenders for renewable energy sources. We should only focus on least cost generation and let the market do its job for expanding the power production capacity. Fourth, prepare a clear energy strategy based on broad political consensus.
Wendy JO Werner said, Bangladesh should exploit technological developments. For this, local ownership is necessary.
”Coal which is extracted in Dinajpur is not used as the alternative of natural gas as the gas explosion in the country continues”, said Professor Badrul Imam.
Professor Mohammad Tamim said, renewable energy is not for every country. Our country’s growth is perfect for conventional energy.
”Energy security, environment and economic condition are necessary for energy sector development”, he added.
Speakers said at a conference that the gas reserve in Bangladesh is depleting and, as such, the government should be serious about the gas explosion in the country to overcome crisis. However, the burning question is what will do Bangladesh in future when the resources will be exhausted, said Power, Energy and Mineral Resources experts.
The conference on ”Bangladesh’s Energy Economy’, organised by Dhaka Chamber of Commerce and Industry (DCCI) was held in a city hotel.
They also said, Bangladesh is dependent on domestic gas production, which is the dominant fuel for power generation. Further, the demand for energy is expected to increase in the coming years according to the 6th and upcoming 7th five year plans and the strategy for infrastructure sector.
Wendy JO Werner, Country Manager for Bangladesh, Bhutan and Nepal IFC, The World Bank Group moderated the session, while Anders Hasselager, Senior Project Manager, Gate 21 presented keynote. Nasrul Hamid Bipu, State Minister for Power, Energy and Mineral Resources,
Professor Badrul Imam of Department of Geology, University of Dhaka, Professor Mohammad Tamim, Head of the Department of Petroleum and Mineral Resources Engineering of Bangladesh University of Engineering and Technology (BUET) and Daniel Ciganovic, Business Development Director of ME SOLshare Ltd, Bangladesh spoke as panelists.
Nasrul Hamid Bipu said, in future we have to depend on import for gas resources. ”However, the gas problem will not affect the country’s economic development”, said the Minister.
For improving the facilities of this sector, we need professional and highly educated manpower.
”Skilled manpower is needed for all kinds of developments. India has already created a ministry titled: ”Skill Development”, he said.
In his keynote presentation, Anders Hasselager named four factors for revitalizing the energy sector and the economy in Bangladesh. Firstly, make use of new economic instruments in order to attract investment primarily in renewable energy sources.
Secondly, take advantage of technological development. Thirdly, make technology-neutral tenders for renewable energy sources. We should only focus on least cost generation and let the market do its job for expanding the power production capacity. Fourth, prepare a clear energy strategy based on broad political consensus.
Wendy JO Werner said, Bangladesh should exploit technological developments. For this, local ownership is necessary.
”Coal which is extracted in Dinajpur is not used as the alternative of natural gas as the gas explosion in the country continues”, said Professor Badrul Imam.
Professor Mohammad Tamim said, renewable energy is not for every country. Our country’s growth is perfect for conventional energy.
”Energy security, environment and economic condition are necessary for energy sector development”, he added.
