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Analysis of the Global/Regional Energy Situation to Overcome the Challenges to Implementation of Bangladesh Vision 2041

Received: 12 September 2022     Accepted: 8 October 2022     Published: 4 November 2022
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Abstract

Primary energy in Bangladesh is moving towards import dependence day by day. But to ensure energy security and inclusive development we need to make the right decisions about fuel mix. Energy and Mineral Resources Division is concerned about future energy security, primary energy trends, energy mixes and sustainable development in the energy and power sectors. In our country, complete gas transmission and distribution pipelines, metering stations should be under proper online monitoring system (such as SCADA) for transparency development, corruption reduction and efficient management. Development of LNG grid pipeline is becoming an important issue for taking full power from FSRU. Private (local) investment in the national grid pipeline can be considered with the concerned stakeholders. Incentives for voluntary energy efficiency and conservation action planning for industries e.g., tax incentives and low interest loans for industrial energy efficiency systems] should be considered. Promote combined heat and energy (CHP, also known as instinct) through taxes. In contrast to energy efficiency standards and labeling for passenger vehicles [through tax incentives for EVs and low-interest loans, etc.], according to the Paris Agreement, global warming should not exceed 2 degrees in the next century. To reduce carbon emissions, clean and modern energy should play an important role for a healthy environment but it needs to be affordable. Hydrogen fuel is an alternative and sustainable alternative that addresses renewable energy to reduce carbon emissions and greenhouse gases (GHG). Collecting microorganisms from our adequate marine sectors (seas, rivers and canals) is a new possibility for Bangladesh to ensure a blue economy. Research work on renewable energy should be industrialized (tagged with government or non-government organizations) for a sustainable energy solution. The energy and power sectors need to be properly addressed by identifying cyber risks and vulnerabilities. Continuous evaluation and development of existing networking systems is required to ensure efficient and efficient operation in the energy and power industries. Each stakeholder needs to work together with appropriate coordination to ensure technology transfer. Policy makers, industry and academics should cooperate and collaborate to develop a sustainable energy pricing and subsidy for the inclusive development of the country.

Published in Journal of Energy, Environmental & Chemical Engineering (Volume 7, Issue 4)
DOI 10.11648/j.jeece.20220704.11
Page(s) 111-126
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2022. Published by Science Publishing Group

Keywords

World Energy, Energy Economic, Energy Consumption, Energy Mix

References
[1] Making Vision 2041 a Reality: Perspective Plan of Bangladesh 2021-2041.
[2] Bangladesh Energy Scenario Report (2021) Hydrocarbon Unit, Energy and Mineral Resources Division, Ministry of Power, Energy and Mineral Resources, Bangladesh.
[3] Report on BP Statistical Review of World Energy 2020, 69th Edition.
[4] Key World Energy Statistics 2019, IEA UN Energy Statistics Pocketbook 2020.
[5] World Energy Outlook (2019), International Energy Agency (IEA).
[6] Key World Energy Statistics 2020, IEA UN Energy Statistics Pocketbook 2021.
[7] Report on Australian Energy update 2016, Department of Environmental and Energy, Australia.
[8] Report on Monthly Review April 2020, U.S Energy Information Administration (EIA).
[9] Report on Energy Outlook (2020) U.S Energy Information Administration (EIA).
[10] Report on World Energy Outlook (2020) International Energy Agency (IEA).
[11] Key World Energy Statistics 2021, IEA UN Energy Statistics Pocketbook 2022.
[12] Revisiting Power System Master Plan (2016), Bangladesh Power Development Board, Power Division, Ministry of Power, Energy and Mineral Resources, Bangladesh.
[13] World Energy Outlook (2021), International Energy Agency (IEA).
[14] "World Energy Statistics | Enerdata". Yearbook.enerdata.net. Retrieved 26 August 2022.
[15] Ritchie, Hannah; Roser, Max; Rosado, Pablo (28 November 2020). "Energy". Our World in Data. Global energy consumption continues to grow, but it does seem to be slowing – averaging around 1% to 2% per year.
[16] Reuters (31 March 2022). "Global wind and solar growth on track to meet climate targets". Reuters. Retrieved 16 September 2022.
[17] "Global Electricity Review 2022". Ember. 29 March 2022. Retrieved 16 September 2022.
[18] "Energy use per person". Retrieved from https://ourworldindata.org/grapher/per-capita-energy-use
[19] "Renewable energy consumption (% of total final energy consumption) Data". Retrieved from https://data.worldbank.org/indicator/EG.FEC.RNEW.ZS?end=2019&start=2019&view=map
[20] Alvik, Sverre (2020). "The impact of COVID on the energy transition". Det Norske Veritas. Archived from the original on 8 November 2021. Retrieved 8 November 2021.
[21] Ritchie, Hannah; Roser, Max; Rosado, Pablo (11 May 2020). "CO2 and Greenhouse Gas Emissions". Our World in Data.
[22] "Global CO2 emissions rebounded to their highest level in history in 2021 - News". IEA. Retrieved 5 September 2022.
[23] "The Truth Behind the Climate Pledges – FEU-US". Retrieved from https://feu-us.org/our-work/behind-the-climate-pledges/
[24] "Balance of world energy trade | Global Energy Trading | Enerdata". Retrieved from https://yearbook.enerdata.net/total-energy/world-import-export-statistics.html
[25] Attinasi, Maria Grazia; Doleschel, Julia; Gerinovics, Rinalds; Gunnella, Vanessa; Mancini, Michele (4 August 2022). "Trade flows with Russia since the start of its invasion of Ukraine".
[26] "Can Russia Execute a Gas Pivot to Asia?". www.csis.org. Retrieved 29 August 2022.
[27] Report on International Energy outlook 2021 with Projections to 2050 (Narrative), U.S Energy Information Administration (EIA).
[28] International Energy Agency (IEA).Retrieved from https://www.iea.org/data-and-statistics/charts/total-primary-energy-supply-by-fuel-1971-and-2019
Cite This Article
  • APA Style

    Mahadehe Hassan. (2022). Analysis of the Global/Regional Energy Situation to Overcome the Challenges to Implementation of Bangladesh Vision 2041. Journal of Energy, Environmental & Chemical Engineering, 7(4), 111-126. https://doi.org/10.11648/j.jeece.20220704.11

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    ACS Style

    Mahadehe Hassan. Analysis of the Global/Regional Energy Situation to Overcome the Challenges to Implementation of Bangladesh Vision 2041. J. Energy Environ. Chem. Eng. 2022, 7(4), 111-126. doi: 10.11648/j.jeece.20220704.11

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    AMA Style

    Mahadehe Hassan. Analysis of the Global/Regional Energy Situation to Overcome the Challenges to Implementation of Bangladesh Vision 2041. J Energy Environ Chem Eng. 2022;7(4):111-126. doi: 10.11648/j.jeece.20220704.11

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  • @article{10.11648/j.jeece.20220704.11,
      author = {Mahadehe Hassan},
      title = {Analysis of the Global/Regional Energy Situation to Overcome the Challenges to Implementation of Bangladesh Vision 2041},
      journal = {Journal of Energy, Environmental & Chemical Engineering},
      volume = {7},
      number = {4},
      pages = {111-126},
      doi = {10.11648/j.jeece.20220704.11},
      url = {https://doi.org/10.11648/j.jeece.20220704.11},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jeece.20220704.11},
      abstract = {Primary energy in Bangladesh is moving towards import dependence day by day. But to ensure energy security and inclusive development we need to make the right decisions about fuel mix. Energy and Mineral Resources Division is concerned about future energy security, primary energy trends, energy mixes and sustainable development in the energy and power sectors. In our country, complete gas transmission and distribution pipelines, metering stations should be under proper online monitoring system (such as SCADA) for transparency development, corruption reduction and efficient management. Development of LNG grid pipeline is becoming an important issue for taking full power from FSRU. Private (local) investment in the national grid pipeline can be considered with the concerned stakeholders. Incentives for voluntary energy efficiency and conservation action planning for industries e.g., tax incentives and low interest loans for industrial energy efficiency systems] should be considered. Promote combined heat and energy (CHP, also known as instinct) through taxes. In contrast to energy efficiency standards and labeling for passenger vehicles [through tax incentives for EVs and low-interest loans, etc.], according to the Paris Agreement, global warming should not exceed 2 degrees in the next century. To reduce carbon emissions, clean and modern energy should play an important role for a healthy environment but it needs to be affordable. Hydrogen fuel is an alternative and sustainable alternative that addresses renewable energy to reduce carbon emissions and greenhouse gases (GHG). Collecting microorganisms from our adequate marine sectors (seas, rivers and canals) is a new possibility for Bangladesh to ensure a blue economy. Research work on renewable energy should be industrialized (tagged with government or non-government organizations) for a sustainable energy solution. The energy and power sectors need to be properly addressed by identifying cyber risks and vulnerabilities. Continuous evaluation and development of existing networking systems is required to ensure efficient and efficient operation in the energy and power industries. Each stakeholder needs to work together with appropriate coordination to ensure technology transfer. Policy makers, industry and academics should cooperate and collaborate to develop a sustainable energy pricing and subsidy for the inclusive development of the country.},
     year = {2022}
    }
    

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    AB  - Primary energy in Bangladesh is moving towards import dependence day by day. But to ensure energy security and inclusive development we need to make the right decisions about fuel mix. Energy and Mineral Resources Division is concerned about future energy security, primary energy trends, energy mixes and sustainable development in the energy and power sectors. In our country, complete gas transmission and distribution pipelines, metering stations should be under proper online monitoring system (such as SCADA) for transparency development, corruption reduction and efficient management. Development of LNG grid pipeline is becoming an important issue for taking full power from FSRU. Private (local) investment in the national grid pipeline can be considered with the concerned stakeholders. Incentives for voluntary energy efficiency and conservation action planning for industries e.g., tax incentives and low interest loans for industrial energy efficiency systems] should be considered. Promote combined heat and energy (CHP, also known as instinct) through taxes. In contrast to energy efficiency standards and labeling for passenger vehicles [through tax incentives for EVs and low-interest loans, etc.], according to the Paris Agreement, global warming should not exceed 2 degrees in the next century. To reduce carbon emissions, clean and modern energy should play an important role for a healthy environment but it needs to be affordable. Hydrogen fuel is an alternative and sustainable alternative that addresses renewable energy to reduce carbon emissions and greenhouse gases (GHG). Collecting microorganisms from our adequate marine sectors (seas, rivers and canals) is a new possibility for Bangladesh to ensure a blue economy. Research work on renewable energy should be industrialized (tagged with government or non-government organizations) for a sustainable energy solution. The energy and power sectors need to be properly addressed by identifying cyber risks and vulnerabilities. Continuous evaluation and development of existing networking systems is required to ensure efficient and efficient operation in the energy and power industries. Each stakeholder needs to work together with appropriate coordination to ensure technology transfer. Policy makers, industry and academics should cooperate and collaborate to develop a sustainable energy pricing and subsidy for the inclusive development of the country.
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Author Information
  • Hydrocarbon Unit (HCU), Energy and Mineral Resources Division, Ministry of Power, Energy and Mineral Resources, Dhaka, Bangladesh

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